Etsy Sustainability Profile
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 87% 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's total carbon emissions amounted to approximately 479.5 million kg CO2e, comprising Scope 1 emissions of 284,000 kg CO2e, Scope 2 emissions of 926,000 kg CO2e, and Scope 3 emissions of about 478.3 million kg CO2e. The company has set ambitious climate commitments, aiming to achieve a 25% reduction in the intensity of its energy use by 2025 and to reduce its Scope 1 and Scope 2 emissions to near zero by the same year. Etsy has also committed to long-term targets, including a 90% reduction in absolute Scope 1 and Scope 2 emissions by 2040, using 2020 as the base year. Additionally, the company aims to reduce Scope 3 emissions by 97% per million dollar of gross profit by 2040. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions and a 52% reduction in Scope 3 emissions per million dollar of gross profit by 2030. These commitments align with the Science Based Targets initiative (SBTi) and reflect Etsy's dedication to achieving net-zero greenhouse gas emissions across its value chain by 2040. The emissions data is not cascaded from any parent organization, indicating that these figures and targets are specific to Etsy, Inc.
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| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 144,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,522,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 79,144,000 | 00,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Etsy's Industry?
How Carbon Intensive is Etsy's Location?
Etsy's Scope 3 Categories Breakdown
Etsy's Scope 3 emissions, which increased by 2% last year and increased by approximately 504% since 2014, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Downstream Transportation & Distribution" being the largest emissions source at 71% of Scope 3 emissions.
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Etsy's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Etsy has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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Frequently Asked Questions
Common questions about Etsy's sustainability data and climate commitments