momo.com Inc.
Momo.com Inc., commonly referred to as Momo, is a leading e-commerce platform headquartered in Taiwan (TW). Founded in 2004, the company has rapidly established itself as a key player in the online retail industry, primarily serving the Taiwanese market while also expanding its reach across Asia. Momo offers a diverse range of products and services, including electronics, fashion, and home goods, distinguished by its commitment to customer satisfaction and innovative shopping experiences. The platform's unique features, such as live streaming sales and personalised recommendations, set it apart from competitors. With a strong market position, Momo has achieved significant milestones, including being listed on the Taiwan Stock Exchange, reflecting its robust growth and influence in the e-commerce sector.
DitchCarbon Score
How does momo.com Inc.'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
momo.com Inc.'s score of 40 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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momo.com Inc.'s reported carbon emissions
In 2023, momo.com Inc. reported total carbon emissions of approximately 1,432,127,540 kg CO2e. This figure includes Scope 1 emissions of about 1,815,700 kg CO2e, Scope 2 emissions of approximately 13,534,710 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 1,416,777,130 kg CO2e. The Scope 3 emissions breakdown reveals major sources, including purchased goods and services (about 1,329,323,670 kg CO2e) and upstream transportation and distribution (approximately 42,632,770 kg CO2e). Comparatively, in 2022, the company’s total emissions were about 1,539,044,620 kg CO2e, with Scope 1 at approximately 1,595,480 kg CO2e, Scope 2 at around 13,240,450 kg CO2e, and Scope 3 emissions reaching about 1,524,208,690 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Momo.com Inc. has set ambitious reduction targets, aiming to decrease its carbon emissions by 30% by 2030 compared to 2021 levels. This target applies to both Scope 1 and Scope 2 emissions, with a commitment to gradually reduce its carbon footprint each year. The company has not committed to net-zero emissions nor established long-term targets through the Science Based Targets initiative (SBTi). However, it remains focused on its near-term reduction goals, reflecting a proactive approach to climate commitments within the retail sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 357,310 | 000,000 | 000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 5,939,590 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | 0,000,000 | 0,000,000 | 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.
momo.com Inc. 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.
