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.
+7 vs industry average
Shopify’s score of 42 is higher than 59% 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 increased its overall emissions by 11% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Shopify's reported carbon emissions
Shopify, headquartered in CA and operating within financial intermediation services, has reported its carbon emissions across scopes 1, 2, and 3. In 2024, the company's total emissions were approximately 24,301,000 kg CO2e. This figure comprised about 360,000 kg CO2e from scope 1 (stationary combustion) and roughly 319,000 kg CO2e from scope 2 (purchased electricity), with employee commutes contributing approximately 1,663,000 kg CO2e to scope 3. The previous year, 2023, saw total emissions of approximately 24,739,000 kg CO2e, with scope 1 stationary combustion at about 681,000 kg CO2e, scope 2 purchased electricity at around 1,698,000 kg CO2e, and employee commute emissions within scope 3 totalling approximately 1,990,000 kg CO2e. In 2022, Shopify's total emissions were approximately 30,322,000 kg CO2e. This included about 2,841,000 kg CO2e for scope 1 stationary combustion, approximately 2,236,000 kg CO2e for scope 2 purchased electricity, and around 2,931,000 kg CO2e from employee commutes in scope 3. Looking further back, in 2021, total emissions were approximately 7,345,000 kg CO2e, with scope 1 at about 701,000 kg CO2e and scope 2 at around 356,000 kg CO2e. Scope 3 emissions for business travel were reported at approximately 4,183,000 kg CO2e. For 2020, total emissions were approximately 4,957,000 kg CO2e, with scope 1 at about 1,447,000 kg CO2e and scope 2 at around 493,000 kg CO2e. Business travel within scope 3 was approximately 1,715,000 kg CO2e. Shopify has indicated that data for scope 3/purchased goods and services is missing from its reporting. The company has not published specific reduction targets or commitments in the provided information.
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 organisationsUsage 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