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 35 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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 Scope 1 emissions of about 567,156,000 kg CO2e, Scope 2 emissions of approximately 567,156 kg CO2e, and significant Scope 3 emissions amounting to around 1,375,455,000 kg CO2e. Comparatively, in 2022, the company's total emissions were about 1,694,430,000 kg CO2e, with Scope 1 at approximately 469,550,000 kg CO2e, Scope 2 at around 469,550 kg CO2e, and Scope 3 emissions reaching about 1,207,037,000 kg CO2e. This indicates an increase in total emissions from 2022 to 2023. Mercado Libre has not set specific reduction targets or committed to net-zero emissions as of the latest data. However, they have made various climate commitments, although some near-term targets have been removed or expired. The company is classified under the Software and Services sector and is headquartered in Uruguay (UY). Overall, while Mercado Libre's emissions have increased, their ongoing climate commitments and initiatives reflect a growing awareness of environmental impact within the e-commerce sector.
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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 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 160,000,000 | 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 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.
