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, Inc. 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 increase in Scope 1 emissions from 330,000 kg CO2e in 2023 and a decrease in Scope 2 emissions from 813,000 kg CO2e in the same year. The Scope 3 emissions have also seen a marginal increase from 468,594,000 kg CO2e in 2023. Etsy has set ambitious climate commitments, aiming for a 25% reduction in the intensity of its energy use by 2025, alongside a target to reduce Scope 1 emissions to near zero by 2025. Furthermore, the company has committed to a 50% reduction in absolute Scope 1 and 2 emissions by 2030, with a long-term goal of achieving a 90% reduction by 2040 from a 2020 baseline. For Scope 3 emissions, Etsy aims for a 52% reduction per million dollars of gross profit by 2030 and a 97% reduction by 2040. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Etsy's commitment to reaching net-zero greenhouse gas emissions across its value chain by 2040. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported by 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?
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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.
Top Scope 3 Categories
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