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 43 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magazine Luiza's reported carbon emissions
In 2023, Magazine Luiza reported total carbon emissions of approximately 184,000,000 kg CO2e, comprising 13,133,220 kg CO2e from Scope 1, 5,219,370 kg CO2e from Scope 2, and 168,057,200 kg CO2e from Scope 3 emissions. The Scope 3 emissions included significant contributions from purchased goods and services (5,162,390 kg CO2e), waste generated in operations (7,802,250 kg CO2e), and business travel (941,160 kg CO2e). Comparatively, in 2022, the company emitted about 188,000,000 kg CO2e, with Scope 1 emissions at 9,750,590 kg CO2e, Scope 2 at 5,650,120 kg CO2e, and Scope 3 at 188,022,680 kg CO2e. This indicates a slight reduction in total emissions year-on-year. Magazine Luiza has not publicly committed to specific reduction targets through the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from its parent company, Magazine Luiza S.A., reflecting the company's current subsidiary status. The company continues to monitor and report its emissions, aligning with industry standards for transparency and accountability in climate action.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 5,231,460 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000,000 |
| Scope 2 | 7,241,720 | 0,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 36,254,520 | 00,000,000 | 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.
Magazine Luiza is not participating in any 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.
