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 51 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Etsy's reported carbon emissions
In 2023, Etsy reported total greenhouse gas emissions of approximately 468,594,000 kg CO2e, with emissions distributed across various scopes: 330,000 kg CO2e from Scope 1, 813,000 kg CO2e from Scope 2, and 468,594,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by 2040, using 2020 as the baseline 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 within the same timeframe. For the long term, Etsy aims to achieve a 90% reduction in absolute Scope 1 and 2 emissions and a 97% reduction in Scope 3 emissions per million dollars of gross profit by 2040. These commitments align with industry standards for climate action, reflecting Etsy's dedication to sustainability and responsible business practices. The company is actively working towards these targets to mitigate its environmental impact and contribute to global climate goals.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 172,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 2,340,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 0,000 | - | - | - |
| Scope 3 | 90,196,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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 committed to some reduction initiatives 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.
