Vipshop Holdings Ltd

Common Name
Vipshop Holdings
Country
China (Mainland)
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
14,966
Ticker
VIPS
Exchange
NEW YORK STOCK EXCHANGE, INC.
Description
Vipshop Holdings Ltd - ADR represents American Depository Receipts of Vipshop Holdings, a prominent online discount retailer based in China. The company's primary function is to offer online flash sal...

Vipshop Holdings's GHG Emissions Data Preview

In 2023, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Vipshop Holdings's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Vipshop Holdings amounted to 93,764.3 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).

Compared to 2021, the total operational greenhouse gas (GHG) emissions of Vipshop Holdings increased by 39.22%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Vipshop Holdings's Scope 1 Emissions Over Time

20182019202020212023020 k40 k60 k80 ktCO2e+13703%-98%+1725%-54%
  • Total Scope 1
  • Year-over-Year Change

What are Vipshop Holdings's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Vipshop Holdings were 11,247 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Vipshop Holdings reduced its Scope 1 emissions over time?

Since 2018, Vipshop Holdings's Scope 1 emissions have increased by 1,964.05%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Vipshop Holdings's Scope 1 emissions decreased by 53.67%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are Vipshop Holdings's Scope 2 emissions?

In 2023, Vipshop Holdings reported Scope 2 greenhouse gas (GHG) emissions of 82,517.3 tCOâ‚‚e using the location-based method.

Has Vipshop Holdings reduced its Scope 2 emissions over time?

Compared to the previous year (2021), Vipshop Holdings's Scope 2 emissions (Location-Based) rose by 91.56% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Vipshop Holdings use for Scope 2 reporting?

In 2023, Vipshop Holdings reported its Scope 2 emissions using the location-based method.

Vipshop Holdings's Scope 2 Emissions Over Time

20182019202020212023025 k50 k75 k100 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Vipshop Holdings's Value Chain Emissions

In 2023, Vipshop Holdings reported 1,232,448.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2023 disclosure of Vipshop Holdings includes a breakdown across 0 of the 15 Scope 3 categories defined by the GHG Protocol, down from 7 in 2021, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.

Vipshop Holdings's Scope 3 Emissions Over Time

202120230350 k700 k1.05 M1.4 MtCO2e+211%
  • Total Scope 3
  • Year-over-Year Change

What are Vipshop Holdings's Scope 3 emissions?

In 2023, Vipshop Holdings reported total Scope 3 emissions of 1,232,448.1 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Compared to the previous year (2021), Vipshop Holdings's Scope 3 emissions increased by 210.72%, suggesting that the company faced challenges in reducing emissions across its value chain.

Insights into Vipshop Holdings's Total Carbon Footprint

In 2023, Vipshop Holdings reported a total carbon footprint of 1,326,212.4 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 185.83% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Vipshop Holdings's total carbon footprint was Scope 3 emissions, accounting for 92.93% of the company's total carbon footprint, followed by Scope 2 emissions at 6.22%.