Etsy
Etsy, Inc., commonly known as Etsy, is a prominent online marketplace headquartered in the United States, with significant operations across North America and Europe. Founded in 2005, Etsy has established itself as a leader in the e-commerce industry, specialising in handmade, vintage, and unique factory-manufactured items. The platform is renowned for its diverse range of products, including crafts, art, jewellery, and home décor, which are often crafted by independent sellers. This focus on individuality and creativity sets Etsy apart from traditional retail giants. Over the years, Etsy has achieved notable milestones, including its initial public offering in 2015, solidifying its market position as a go-to destination for unique and personalised goods. With a commitment to supporting small businesses and artisans, Etsy continues to thrive in the competitive online marketplace.
DitchCarbon Score
How does Etsy's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Retail Trade Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Etsy's score of 78 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Etsy's reported carbon emissions
In 2024, Etsy reported total carbon emissions of approximately 479,000 kg CO2e for Scope 1, 926,000 kg CO2e for Scope 2, and a significant 478,282,000 kg CO2e for Scope 3 emissions. This reflects a slight decrease in Scope 1 emissions from 330,000 kg CO2e in 2023 and a reduction in Scope 2 emissions from 813,000 kg CO2e. However, Scope 3 emissions increased from 468,594,000 kg CO2e in 2023, indicating a need for further action in this area. Etsy has set ambitious climate commitments, aiming for a near-zero reduction in Scope 1 and Scope 2 emissions by 2025. Additionally, the company has committed to a 25% reduction in the intensity of its energy use by 2025. Long-term goals include achieving net-zero greenhouse gas emissions across its value chain by 2040, with a target to reduce absolute Scope 1 and 2 emissions by 90% and Scope 3 emissions by 97% per million dollars of gross profit by the same year. Etsy's near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030, alongside a 52% reduction in Scope 3 emissions per million dollars of gross profit. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect a commitment to maintaining global temperature rise within 1.5°C. Overall, Etsy's emissions data and climate commitments demonstrate a proactive approach to sustainability, with a clear focus on reducing its carbon footprint across all scopes of emissions.
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| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 410,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,946,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Etsy is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
