Shopify Inc., a leading name in financial intermediation services, is headquartered in Canada and operates extensively across North America and Europe. Founded in 2006, Shopify has revolutionised the e-commerce landscape by providing a robust platform that empowers businesses to create and manage their online stores seamlessly.
Specialising in payment processing, merchant services, and e-commerce solutions, Shopify stands out for its user-friendly interface and extensive app ecosystem, catering to businesses of all sizes. The company has achieved significant milestones, including its IPO in 2015 and consistent recognition as a top player in the e-commerce sector. With a strong market position, Shopify continues to innovate, making it a preferred choice for entrepreneurs and established brands alike.
+10 vs industry average
Shopify’s score of 47 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Part of the Sustainability team at Shopify?
- Control how your company's emission story is told
- Respond to customers efficiently
- See who's viewing your profile
Industry Intensity
Financial Intermediation is among the least carbon-intensive industries
Industry performance
The Financial Intermediation industry has reduced its overall emissions by 33% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Shopify's reported carbon emissions
Shopify, headquartered in CA and operating in financial intermediation services (excluding insurance and pension funding), has reported the following carbon emissions:
For the reporting year 2024, Shopify's total reported emissions were approximately 24,301,000 kg CO2e. This included Scope 1 emissions of about 360,000 kg CO2e (from stationary combustion), Scope 2 emissions of approximately 319,000 kg CO2e (from purchased electricity), and Scope 3 emissions of about 16,630,000 kg CO2e (primarily from employee commute).
In 2023, total emissions were approximately 24,739,000 kg CO2e, with Scope 1 at around 681,000 kg CO2e, Scope 2 at approximately 1,698,000 kg CO2e, and Scope 3 at about 1,990,000 kg CO2e (employee commute).
The year 2022 saw total emissions of about 30,322,000 kg CO2e, comprising Scope 1 at roughly 2,841,000 kg CO2e, Scope 2 at approximately 2,236,000 kg CO2e, and Scope 3 at about 2,931,000 kg CO2e (employee commute).
For 2021, total emissions were approximately 7,345,000 kg CO2e, with Scope 1 at about 701,000 kg CO2e, Scope 2 at around 356,000 kg CO2e, and Scope 3 at approximately 4,183,000 kg CO2e (from business travel).
In 2020, Shopify reported total emissions of about 4,957,000 kg CO2e, consisting of Scope 1 at approximately 1,447,000 kg CO2e, Scope 2 at around 493,000 kg CO2e, and Scope 3 at about 1,715,000 kg CO2e (business travel).
Shopify's climate commitments and reduction targets are not detailed in the provided information. However, for the reporting years mentioned, data for Scope 3 category "purchased goods and services" was noted as missing.
Unlock detailed emission data
Access structured emission data, company specific factors and auditable source documents
Shopify’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Shopify yet.
Scope 3 top emissions categories
1 of 15 categories disclosedSee all scope 3 categories
Already have an account? Sign in now
Emissions comparison with industry peers
View similar organisations
Shopify
Usage policy
You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.
See our License Agreement for more details.
Where does DitchCarbondata come from?
Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers
Learn moreCurious to see your top suppliers emissions?
Book a demo for a pilot project