Magazine Luiza
Magazine Luiza, officially known as Magazine Luiza S.A., is a prominent Brazilian retail company headquartered in Franca, São Paulo. Founded in 1957, it has evolved into one of the largest retail chains in Brazil, with a strong presence in both physical and online markets. The company operates primarily in the retail industry, focusing on electronics, furniture, and household appliances, while also offering a diverse range of products through its e-commerce platform. With a commitment to innovation, Magazine Luiza has achieved significant milestones, including the successful integration of technology in its operations, which enhances customer experience. The company is recognised for its unique omnichannel approach, allowing seamless shopping across various platforms. As a market leader, Magazine Luiza continues to set benchmarks in customer service and digital transformation, solidifying its position as a key player in the Brazilian retail landscape.
DitchCarbon Score
How does Magazine Luiza'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
Magazine Luiza's score of 10 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magazine Luiza's reported carbon emissions
In 2021, Magazine Luiza reported total carbon emissions of approximately 263,490,260 kg CO2e, comprising 9,843,400 kg CO2e from Scope 1 and 253,545,860 kg CO2e from Scope 3 emissions. The Scope 3 emissions were significantly driven by upstream transportation and distribution, which accounted for about 203,051,220 kg CO2e. In 2020, the company’s emissions were approximately 85,000,000 kg CO2e, with Scope 1 emissions at 9,584,830 kg CO2e and Scope 3 emissions reaching about 74,815,180 kg CO2e. This indicates a notable increase in emissions from 2020 to 2021. For 2019, Magazine Luiza's emissions totalled around 41,000,000 kg CO2e, with Scope 1 emissions at 5,231,460 kg CO2e and Scope 3 emissions at approximately 36,254,520 kg CO2e. Despite these figures, there are currently no publicly disclosed reduction targets or climate pledges from Magazine Luiza. The company operates in a challenging industry context, where retail emissions are often substantial due to logistics and supply chain activities. As such, further commitments to reduce emissions would be beneficial for aligning with global climate goals.
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Add to project| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Scope 1 | 5,231,460 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - |
| Scope 3 | 36,254,520 | 00,000,000 | 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.
Magazine Luiza is not committed to any 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.
