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 38 is higher than 93% 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 2023, Magazine Luiza reported total carbon emissions of approximately 168,057,200 kg CO2e. This figure includes 13,133,220 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources. Scope 2 emissions, primarily from purchased electricity, accounted for about 5,219,370 kg CO2e. The majority of their emissions, approximately 168,057,200 kg CO2e, stemmed from Scope 3, which includes indirect emissions from the value chain. Over the years, Magazine Luiza has shown fluctuations in its emissions. In 2022, the company emitted about 188,022,680 kg CO2e, with Scope 1 emissions at 9,750,590 kg CO2e and Scope 2 emissions at 5,650,120 kg CO2e. The Scope 3 emissions for that year were significant, reflecting the company's extensive supply chain activities. Despite these emissions, there are currently no publicly disclosed reduction targets or climate pledges from Magazine Luiza. The company has not set specific science-based targets for emissions reduction, indicating a potential area for future commitment. As the retail industry increasingly focuses on sustainability, Magazine Luiza's climate commitments will be crucial for aligning with global climate goals.
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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 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.
