Vipshop Holdings Limited.
VIPS.US | Retail sale via mail order houses or via Internet
Vipshop Holdings Limited is an online discount retailer for brands in China. The company offers a wide selection of branded products, including apparel, footwear, handbags, cosmetics, home goods, and other lifestyle products, through its vip.com website and mobile app. Vipshop primarily operates thr...Show More
Better Health for All
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Vipshop's operations generated 463,989 tons of total GHG emissions in 2021, representing significant health-harming externalities.
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While the company reported partial remediation efforts, including 59,939 MWh of photovoltaic power generation, a reduction of 237 tons of plastic, and 100% recyclable plastic packaging in 2021, these efforts do not fully mitigate the scale of emissions.
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In 2021, Vipshop's charitable spending was over US$51 million (approximately RMB 330 million), which is about 0.28% of its RMB 117.1 billion revenue.
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,
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These token equity programs, which include initiatives for women, rural revitalization, and community inclusion, have minimal funding relative to revenue, and no specific program evaluations or beneficiary metrics are provided. Additionally, in 2021, the company made RMB 30 million in disaster relief donations, representing approximately 0.0256% of its total revenue, indicating a reactive crisis response with limited donations.
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For most other health-related KPIs, such as health impact core, harmful revenue share, safety record, price accessibility, risk transparency, healthcare workforce support, preventative health measures, healthcare data responsibility, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, and clinical trial ethics, the company's core business as an online retailer of general consumer goods means these metrics are not directly applicable, or no specific health-related data was provided. No specific data was available for vulnerable reach or health innovation investment.
Fair Money & Economic Opportunity
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Vipshop Holdings Limited operates as an online discount retailer, primarily facilitating retail sales.
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The value 'Fair Money & Economic Opportunity' assesses how financial institutions democratize access to fair financial services. As Vipshop does not offer lending, deposit, or other consumer financial services, all KPIs related to financial products, pricing, fees, lending compliance, debt burden, customer financial data, and wealth-building outcomes are not applicable. While Vipshop invests in public welfare, including RMB 768 million (approximately USD 106 million) as of year-end 2024,
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this is not specified as a percentage of pre-tax profit or as investment in community finance or profit-sharing with underserved communities, which are financial services, thus preventing a score for profit reinvestment.
Fair Pay & Worker Respect
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No specific, quantifiable data points were found in the provided articles for any of the KPIs related to Fair Pay & Worker Respect. The articles primarily detail employee headcount
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, revenue/profit per employee
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, and general salary information for specific locations (Taipei
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and Tokyo
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), including average base salaries
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, salary ranges
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, and total compensation components
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. However, they do not provide metrics such as living wage coverage, CEO-to-median pay ratios, collective bargaining share, safety incident rates, pay equity ratios, worker engagement scores, turnover rates, labor violation incidents, insecure contract share, or the percentage of the workforce covered by employer-funded health insurance. Statements about the absence of information on regulatory actions in the articles are not evidence of zero incidents, but rather an indication of no data available for scoring.
Fair Trade & Ethical Sourcing
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No specific, concrete evidence was found in the provided articles to score any of the KPIs for Fair Trade & Ethical Sourcing. For 'forced_child_labour_incidents', while articles state '0 incidents reported'
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or 'No substantiated incidents reported'
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in the last 3 years, all corresponding rubric tiers for zero incidents include additional conditions (e.g., 'prevention programs active' or 'supplier code of conduct strictly enforced') for which no evidence is provided. For 'ethical_clause_coverage', the articles state '100% of suppliers signed "Honest Cooperation" contracts,'
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but this does not explicitly confirm the presence or enforceability of 'ethical-sourcing clauses' as required by the rubric. Therefore, these KPIs, along with all others, could not be accurately mapped to a score without inference.
Honest & Fair Business
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In March 2021, a director of Vipshop's offline store business was detained for accepting bribes from commercial agents.
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Vipshop stated this occurred "despite company orders," and subsequently terminated her employment, placed her on a blacklist, and transferred the case to judicial authorities.
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The company also informed the Trust and Integrity Enterprises Alliance about the incident.
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This suggests a failure in preventing bribery through sufficient due diligence or enforcement of anti-corruption measures. A formal whistleblower protection policy was outlined in March 2023, detailing procedures for reporting concerns to supervisors or HR.
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The policy emphasizes confidentiality and protection against retaliation, including compliance with the Defend Trade Secrets Act (DTSA) for immunity.
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It states that all reports will be promptly investigated by HR, working with the Executive Director.
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However, there is no evidence of independent investigation processes, a dedicated secure hotline, or details on training, communication to all staff, or uptake rates.
Kind to Animals
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Vipshop commits to eliminating the illegal sale of wild animals and their products on its platform
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, cooperating with law enforcement agencies to investigate illegal trade information
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. The company prohibits the sale of species and their products covered by documents such as the Convention on International Trade in Endangered Species of Fauna and Flora (CITES) and national protected lists
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. Vipshop adheres to the United Nations’ Sustainable Development Goals (SDGs), the Convention on Biological Diversity (CBD), the Kunming-Montreal Global Biodiversity Framework, and China's ecological civilization construction strategy
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.
No War, No Weapons
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No information or quantitative data regarding Vipshop Holdings Limited's involvement in arms manufacturing, military contracts, dual-use technology, sales to sanctioned regimes, peacebuilding investments, conflict divestment policies, board oversight of defense activities, export end-user certificates, lobbying on arms control, humanitarian procurement, human rights due diligence in conflict areas, Arms Trade Treaty compliance, AI military safeguards, UN Guiding Principles alignment, dual-use item screening, surveillance transparency, ethical red lines, exposure to controversial weapons, war-risk audits, annual conflict partner reviews, defense divestment, conflict minerals, peace tech investment, or procurement from conflict zones is available in the provided articles. The articles explicitly state that no data relevant to the 'No War, No Weapons' value is present.
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Planet-Friendly Business
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Vipshop Holdings Limited has not reported any environmental compliance violations. While the company was fined 3 million yuan ($464,000) by Chinese regulators for violating a law prohibiting unfair competition, this was not an environmental violation.
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Respect for Cultures & Communities
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No specific quantitative data or concrete actions directly related to the 'Respect for Cultures & Communities' ethical value were found in the provided articles. While Vipshop's ESG strategy mentions 'Proactive Inclusivity' and 'Beautiful Society,' and refers to initiatives like 'rural revitalization' and 'aid for underprivileged communities' through programs such as V-Love Mothers and V-Love Charity Program, the articles do not provide specific numbers, percentages, or details that align with the quantitative thresholds of the rubric's KPIs.
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Safe & Smart Tech
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No relevant evidence was found in the provided articles that pertains directly to Vipshop Holdings Limited (VIPS.US). The articles discuss 'VIP Shop Management' software and 'VIPSHOPBOUTIC', neither of which are explicitly identified as Vipshop Holdings Limited or its primary 'vip.com' platform.
Zero Waste & Sustainable Products
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The company has no specific regulatory actions, violations, fines, or compliance issues mentioned regarding waste disposal.
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