Shopify
Shopify Inc., a leading e-commerce platform headquartered in Canada, empowers businesses of all sizes to create and manage their online stores. Founded in 2006, Shopify has rapidly evolved, becoming a key player in the global e-commerce industry, with significant operations across North America, Europe, and Asia. The platform offers a comprehensive suite of services, including website design, payment processing, and inventory management, distinguished by its user-friendly interface and extensive app ecosystem. Shopify's commitment to innovation has led to notable achievements, such as its successful IPO in 2015 and consistent recognition as a top choice for entrepreneurs. With millions of merchants relying on its robust solutions, Shopify continues to shape the future of online retail.
DitchCarbon Score
How does Shopify'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 Financial Intermediation 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
Shopify's score of 44 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Shopify's reported carbon emissions
In 2024, Shopify reported total carbon emissions of approximately 24,301,000 kg CO2e, with significant contributions from Scope 2 emissions (purchased electricity) at about 319,000 kg CO2e and Scope 3 emissions (employee commute) at around 1,663,000 kg CO2e. In 2023, the company's total emissions were about 24,739,000 kg CO2e, with Scope 2 emissions reaching approximately 1,698,000 kg CO2e and Scope 3 emissions from employee commuting at about 1,990,000 kg CO2e. The emissions data for 2022 indicated a total of approximately 30,322,000 kg CO2e, with Scope 2 emissions at about 2,236,000 kg CO2e and Scope 3 emissions from employee commuting at around 2,931,000 kg CO2e. In contrast, 2021 saw total emissions of about 7,345,000 kg CO2e, with Scope 1 emissions at approximately 701,000 kg CO2e, Scope 2 emissions at about 356,000 kg CO2e, and Scope 3 emissions from business travel at around 4,183,000 kg CO2e. Shopify's emissions have shown fluctuations over the years, with a notable decrease from 2022 to 2023. However, there are currently no specific reduction targets or initiatives disclosed, such as those from the Science Based Targets initiative (SBTi). The company is committed to sustainability but has not outlined specific pledges or targets in its recent reports. All emissions data is sourced directly from Shopify Inc., with no cascaded data from parent or related organisations.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 1,447,000 | 000,000 | - | - | - |
| Scope 2 | 493,000 | 000,000 | 0,000,000 | 0,000,000 | 000,000 |
| Scope 3 | 1,715,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Shopify 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.
