📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.
Vipshop Holdings Ltd
Vipshop Holdings's GHG Emissions Data Preview
In 2024, Vipshop Holdings 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).
However, Vipshop Holdings has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data. | 0000000 |
Verified Sources Behind Vipshop Holdings’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 Vipshop Holdings’s data sources below and access millions more through our Disclosure Search.
Insights into Vipshop Holdings's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofVipshop Holdings amounted to90,047.1metric 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 2023, the total operational greenhouse gas (GHG) emissions of Vipshop Holdingsdecreased by 3.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
Vipshop Holdings's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Vipshop Holdings's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Vipshop Holdings were 9,869.8 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Vipshop Holdings reduced its Scope 1 emissions over time?
Since 2019, Vipshop Holdings's Scope 1 emissions have decreased by 86.88%, reflecting a declining long-term trend in Scope 1 emissions over time.ac
Compared to the previous year(2023), Vipshop Holdings's Scope 1 emissions decreased by 12.25%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.ab
What are Vipshop Holdings's Scope 2 emissions?
In 2024, Vipshop Holdings reported Scope 2 greenhouse gas (GHG) emissions of 80,177.3 tCOâ‚‚e using the location-based method.a
Has Vipshop Holdings reduced its Scope 2 emissions over time?
Since 2019, Vipshop Holdings's Scope 2 greenhouse gas (GHG) emissions (Location-Based)have increased by 34.3%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year(2023), Vipshop Holdings's Scope 2 emissions(Location-Based) have remained relatively stable, indicating that Vipshop Holdings's emissions have plateaued with no significant change in its energy consumption footprint.ab
What methodology does Vipshop Holdings use for Scope 2 reporting?
In 2024, Vipshop Holdings reported its Scope 2 emissions using the location-based method.a
Vipshop Holdings's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
Insights into Vipshop Holdings's Value Chain Emissions
In 2024, Vipshop Holdings reported 664,333.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Vipshop Holdings includes a breakdown across 0of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a
Vipshop Holdings's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Vipshop Holdings's Scope 3 emissions?
In 2024, Vipshop Holdings reported total Scope 3 emissions of 664,333.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Compared to the previous year (2023), Vipshop Holdings's Scope 3 emissions decreased by 46.1%, highlighting the company's efforts to lower indirect emissions from its value chain.ab
Insights into Vipshop Holdings’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Vipshop Holdings reported Scope 1 greenhouse gas (GHG) emissions of 9,869.8 tCOâ‚‚e and total revenues of USD 2,069 millions. This translates into an emissions intensity of 4.77 tCOâ‚‚e per millions USD.a
Vipshop Holdings's Scope 1 Emissions Intensity Compared to Peers
How does Vipshop Holdings's GHG emissions intensity compare to its peers?
In 2024, Vipshop Holdings reported a Scope 1 emissions intensity of 4.77 tCOâ‚‚e per millions USD. Compared to the peer group median of 7.2, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Vipshop Holdings rank on GHG emissions intensity within its industry?
In 2024, Vipshop Holdings ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Vipshop Holdings is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Vipshop Holdings's Total Carbon Footprint
In 2024, Vipshop Holdings reported a total carbon footprint of 754,380.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 43.12% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to Vipshop Holdings's total carbon footprint was Scope 3 emissions, accounting for 88.06% of the company's total carbon footprint, followed by Scope 2 emissions at 10.63%.a