QVC Group Inc

Common Name
QVC Group
Country
United States
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
18,984
Ticker
QVCGA
Exchange
NASDAQ CAPITAL MARKET
Description
QVC Group Inc. is a leading media and e-commerce conglomerate specializing in video and digital retail experiences. The company operates a global portfolio of well-known retail brands, including QVC, ...

QVC Group's GHG Emissions Data Preview

In 2023, QVC Group completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

QVC Group has also provided a category-level breakdown for 2 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2023202220212020 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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Total Scope 3
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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind QVC Group’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore QVC Group’s data sources below and access millions more through our Disclosure Search.

a. QVC Group's ESG Data Spreadsheet 2023
a. QVC Group's ESG Data Spreadsheet 2023

Insights into QVC Group's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of QVC Group amounted to 51,462 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of QVC Group decreased by 11.89%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a

QVC Group's Scope 1 Emissions Over Time

20182019202020212022202304 k8 k12 k16 ktCO2e-14%+8%+6%-14%-11%
  • Total Scope 1
  • Year-over-Year Change

What are QVC Group's Scope 1 emissions?

In 2023, the total Scope 1 emissions of QVC Group were 11,085 metric tons of CO₂ equivalent (tCO₂e). a

Has QVC Group reduced its Scope 1 emissions over time?

Since 2018, QVC Group's Scope 1 emissions have decreased by 23.53%, reflecting a declining long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), QVC Group's Scope 1 emissions decreased by 10.5%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a

What are QVC Group's Scope 2 emissions?

In 2023, QVC Group reported Scope 2 greenhouse gas (GHG) emissions of 40,377 tCO₂e using the location-based method. a

Has QVC Group reduced its Scope 2 emissions over time?

Since 2018, QVC Group's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have decreased by 37.35%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), QVC Group's Scope 2 emissions (Location-Based) fell by 12.26% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption. a

What methodology does QVC Group use for Scope 2 reporting?

In 2023, QVC Group reported its Scope 2 emissions using the location-based method. a

QVC Group's Scope 2 Emissions Over Time

201820192020202120222023020 k40 k60 k80 ktCO2e
  • Total Scope 2 Location-Based

Insights into QVC Group's Value Chain Emissions

In 2023, QVC Group reported 766,752 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 disclosure of QVC Group includes a breakdown across 2 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

QVC Group's Scope 3 Emissions Over Time

20202021202220230700 k1.4 M2.1 M2.8 MtCO2e+41%+925%-71%
  • Total Scope 3
  • Year-over-Year Change

What are QVC Group's Scope 3 emissions?

In 2023, QVC Group reported total Scope 3 emissions of 766,752 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment. a

Compared to the previous year (2022), QVC Group's Scope 3 emissions decreased by 70.9%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does QVC Group disclose?

In 2023, QVC Group reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of QVC Group's Scope 3 emissions?

In 2023, the largest contributors to QVC Group's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 601,250 tCO₂e (83.74%)
  • Upstream Transportation and Distribution (Cat. 4): 116,780 tCO₂e (16.26%)

QVC Group's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(16.3%)Purchased Goods andServices (Cat. 1)(83.7%)

Insights into QVC Group’s GHG Emissions Intensity Compared to Industry Peers

In 2023, QVC Group reported Scope 1 greenhouse gas (GHG) emissions of 11,085 tCO₂e and total revenues of USD 10,915 millions. This translates into an emissions intensity of 1.02 tCO₂e per millions USD. a

QVC Group's Scope 1 Emissions Intensity Compared to Peers

50010,000200,0005,000,000100,000,000Scope 1 Emissions (tCO2e)1,00010,00050,000500,0002,000,000Revenues (Millions of USD)eBayYear: 2024Scope 1: 5,098 tCO2eRevenue: $M 10,282Scope 1 Intensity: 0.50 tCO2e/$MDoorDashYear: 2022Scope 1: 3,565 tCO2eRevenue: $M 6,584Scope 1 Intensity: 0.54 tCO2e/$MAmazon.comYear: 2024Scope 1: 15,130,000 tCO2eRevenue: $M 637,958Scope 1 Intensity: 23.72 tCO2e/$MLKQYear: 2023Scope 1: 247,117 tCO2eRevenue: $M 13,866Scope 1 Intensity: 17.82 tCO2e/$MCaesars EntertainmentYear: 2024Scope 1: 229,616 tCO2eRevenue: $M 11,245Scope 1 Intensity: 20.42 tCO2e/$MLearYear: 2023Scope 1: 86,296 tCO2eRevenue: $M 23,467Scope 1 Intensity: 3.68 tCO2e/$MThor IndustriesYear: 2024Scope 1: 51,703 tCO2eRevenue: $M 10,043Scope 1 Intensity: 5.15 tCO2e/$MWhirlpoolYear: 2024Scope 1: 121,002 tCO2eRevenue: $M 16,607Scope 1 Intensity: 7.29 tCO2e/$MDarden RestaurantsYear: 2025Scope 1: 385,847 tCO2eRevenue: $M 12,077Scope 1 Intensity: 31.95 tCO2e/$MCarnivalYear: 2023Scope 1: 9,610,000 tCO2eRevenue: $M 21,593Scope 1 Intensity: 445.05 tCO2e/$MVFYear: 2024Scope 1: 7,895 tCO2eRevenue: $M 10,454Scope 1 Intensity: 0.76 tCO2e/$MBorgwarnerYear: 2024Scope 1: 59,119 tCO2eRevenue: $M 14,086Scope 1 Intensity: 4.20 tCO2e/$MCaseys General StoresYear: 2024Scope 1: 104,833 tCO2eRevenue: $M 14,863Scope 1 Intensity: 7.05 tCO2e/$MO'Reilly AutomotiveYear: 2023Scope 1: 305,759 tCO2eRevenue: $M 15,812Scope 1 Intensity: 19.34 tCO2e/$MGroup 1 AutomotiveYear: 2024Scope 1: 190,357 tCO2eRevenue: $M 19,934Scope 1 Intensity: 9.55 tCO2e/$MRoss StoresYear: 2023Scope 1: 28,694 tCO2eRevenue: $M 20,376Scope 1 Intensity: 1.41 tCO2e/$MDanaYear: 2024Scope 1: 134,400 tCO2eRevenue: $M 10,284Scope 1 Intensity: 13.07 tCO2e/$MExpedia GroupYear: 2024Scope 1: 5,534 tCO2eRevenue: $M 13,691Scope 1 Intensity: 0.40 tCO2e/$MKohlsYear: 2023Scope 1: 28,225 tCO2eRevenue: $M 17,476Scope 1 Intensity: 1.62 tCO2e/$MPultegroupYear: 2024Scope 1: 5,225 tCO2eRevenue: $M 17,949Scope 1 Intensity: 0.29 tCO2e/$MMacy'sYear: 2022Scope 1: 40,901 tCO2eRevenue: $M 25,448Scope 1 Intensity: 1.61 tCO2e/$MNorwegian Cruise Line HoldingsYear: 2024Scope 1: 3,242,719 tCO2eRevenue: $M 9,480Scope 1 Intensity: 342.07 tCO2e/$MWayfairYear: 2023Scope 1: 18,266 tCO2eRevenue: $M 12,003Scope 1 Intensity: 1.52 tCO2e/$MQVC GroupYear: 2023Scope 1: 11,085 tCO2eRevenue: $M 10,915Scope 1 Intensity: 1.02 tCO2e/$M

How does QVC Group's GHG emissions intensity compare to its peers?

In 2023, QVC Group reported a Scope 1 emissions intensity of 1.02 tCO₂e per millions USD. Compared to the peer group median of 5.15 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does QVC Group rank on GHG emissions intensity within its industry?

In 2023, QVC Group ranked 6 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

QVC Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into QVC Group's Total Carbon Footprint

In 2023, QVC Group reported a total carbon footprint of 818,214 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 69.62% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to QVC Group's total carbon footprint was Scope 3 emissions, accounting for 93.71% of the company's total carbon footprint, followed by Scope 2 emissions at 4.93%. a

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