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 479,000,000 kg CO2e, with significant contributions from Scope 3 emissions, which accounted for about 478,282,000 kg CO2e. The breakdown of emissions includes 284,000 kg CO2e from Scope 1 and 926,000 kg CO2e from Scope 2. In 2023, the company recorded total emissions of about 469,000,000 kg CO2e, with Scope 3 emissions at approximately 468,594,000 kg CO2e, indicating a slight increase in overall emissions year-on-year. Etsy has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, based on a 2020 baseline. Near-term targets include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 and a 52% reduction in Scope 3 emissions per million dollars of gross profit within the same timeframe. Additionally, Etsy aims to achieve a 25% reduction in the intensity of its energy use by 2025. The company is committed to reducing its Scope 1 emissions to near zero by 2025 and similarly aims for its Scope 2 emissions to reach near zero by the same year. Long-term goals include a 90% reduction in absolute Scope 1 and 2 emissions by 2040 and a 97% reduction in Scope 3 emissions per million dollars of gross profit by 2040. Etsy's climate targets are aligned with the Science Based Targets initiative (SBTi), ensuring that their strategies are consistent with the global goal of limiting temperature rise to 1.5°C. The data reported is solely from Etsy, Inc., with no emissions data cascaded from a parent or related organization.
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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 |
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.
