Mercado Libre
Mercado Libre, often referred to as the "eBay of Latin America," is a leading e-commerce platform headquartered in Uruguay (UY). Founded in 1999, it has grown to dominate the online marketplace across major regions, including Argentina, Brazil, and Mexico. The company operates primarily in the e-commerce and fintech sectors, offering a diverse range of products and services, from consumer goods to digital payments through its Mercado Pago platform. With a commitment to innovation, Mercado Libre has achieved significant milestones, including becoming the first Latin American company to be listed on the NASDAQ. Its unique selling proposition lies in its robust logistics network and user-friendly interface, which enhance the shopping experience. As a market leader, Mercado Libre continues to set benchmarks in the industry, making it a pivotal player in the Latin American digital economy.
DitchCarbon Score
How does Mercado Libre'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 Computer 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
Mercado Libre's score of 38 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mercado Libre's reported carbon emissions
In 2023, Mercado Libre reported total carbon emissions of approximately 1,959,475,000 kg CO2e. This figure includes 567,156,000 kg CO2e from Scope 1 emissions, 16,864,000 kg CO2e from Scope 2, and a significant 1,375,455,000 kg CO2e from Scope 3 emissions. The company's emissions have shown a notable increase over the years, with total emissions rising from about 173,000,000 kg CO2e in 2019 to the current figure. In 2022, emissions were approximately 1,694,430,000 kg CO2e, indicating a trend of increasing carbon output alongside revenue growth, which reached about 15,107,000,000 USD in 2023. Mercado Libre has made commitments towards climate action, although some of their near-term targets have been removed or expired. As of July 2022, they were committed to certain near-term targets, but there is no current net-zero commitment or long-term target status reported. The company operates within the software and services sector and is headquartered in Uruguay (UY), focusing on sustainability initiatives to address their carbon footprint. Overall, while Mercado Libre has made strides in reporting emissions, the lack of robust reduction targets and the increase in emissions highlight the need for enhanced climate strategies moving forward.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 4,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 160,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Mercado Libre is committed to some 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.
