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 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 9,869.8a | 11,247b | N/A | |
Total Scope 2 | ||||
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 664,333.1a | 1,232,448.1b | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.6644a | 0.7083b | N/A |
You are welcome to quote or reference individual data points from this page, provided you include the following attribution with a visible, clickable link to this page: "Source: Tracenable, the global reference for ESG data"
Bulk collection, scraping, resale, or redistribution of data across multiple company profiles is not permitted without our prior written permission. For more information, see our General Terms and Conditions.
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.
In 2024, the total operational greenhouse gas (GHG) emissions of Vipshop Holdings amounted to 90,047.1 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 2023, the total operational greenhouse gas (GHG) emissions of Vipshop Holdings decreased by 3.96%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of Vipshop Holdings were 9,869.8 metric tons of CO₂ equivalent (tCO₂e).a
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.ad
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
In 2024, Vipshop Holdings reported Scope 2 greenhouse gas (GHG) emissions of 80,177.3 tCO₂e using the location-based method.a
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
In 2024, Vipshop Holdings reported its Scope 2 emissions using the location-based method.a
In 2024, Vipshop Holdings reported 664,333.1 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 2024 disclosure of Vipshop Holdings includes a breakdown across 0 of 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
In 2024, Vipshop Holdings reported total Scope 3 emissions of 664,333.1 metric tons of CO₂ equivalent (tCO₂e).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
In 2024, Vipshop Holdings reported Scope 1 greenhouse gas (GHG) emissions of 9,869.8 tCO₂e and total revenues of USD 14,855 millions. This translates into an emissions intensity of 0.66 tCO₂e per millions USD.a
In 2024, Vipshop Holdings reported a Scope 1 emissions intensity of 0.66 tCO₂e per millions USD. Compared to the peer group median of 0.55, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Vipshop Holdings ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e 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
In 2024, Vipshop Holdings reported a total carbon footprint of 754,380.2 metric tons of CO₂ equivalent (tCO₂e) 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