Magazine Luiza Sustainability Profile
Magazine Luiza, officially known as Magazine Luiza S.A., is a prominent Brazilian retail company headquartered in Franca, São Paulo. Founded in 1957, it has evolved into one of the largest retail chains in Brazil, with a strong presence in both physical and online markets. The company operates primarily in the retail industry, focusing on electronics, furniture, and household appliances, while also offering a diverse range of products through its e-commerce platform. With a commitment to innovation, Magazine Luiza has achieved significant milestones, including the successful integration of technology in its operations, which enhances customer experience. The company is recognised for its unique omnichannel approach, allowing seamless shopping across various platforms. As a market leader, Magazine Luiza continues to set benchmarks in customer service and digital transformation, solidifying its position as a key player in the Brazilian retail landscape.
DitchCarbon Score
How does Magazine Luiza'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
Magazine Luiza's score of 46 is higher than 66% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Magazine Luiza's reported carbon emissions
In 2023, Magazine Luiza reported total carbon emissions of approximately 184,000,000 kg CO2e, with emissions distributed across various scopes: 13,133,220 kg CO2e from Scope 1, 5,219,370 kg CO2e from Scope 2, and a significant 168,057,200 kg CO2e from Scope 3. The Scope 3 emissions were primarily driven by upstream transportation and distribution, which accounted for about 131,517,790 kg CO2e, alongside contributions from purchased goods and services (5,162,390 kg CO2e) and waste generated in operations (7,802,250 kg CO2e). Comparatively, in 2022, the company reported total emissions of approximately 188,000,000 kg CO2e, with Scope 1 emissions at 9,750,590 kg CO2e, Scope 2 at 5,650,120 kg CO2e, and Scope 3 at 188,022,680 kg CO2e. This indicates a slight reduction in total emissions from 2022 to 2023. Despite these figures, Magazine Luiza has not publicly committed to specific reduction targets through the Science Based Targets initiative (SBTi) or other climate pledges. The emissions data is cascaded from the parent company, Magazine Luiza S.A., indicating a corporate family relationship that influences their reporting and climate strategy. Overall, Magazine Luiza's emissions profile highlights the significant impact of Scope 3 emissions, particularly from upstream activities, while the absence of formal reduction targets suggests an area for potential improvement in their climate commitments.
How Carbon Intensive is Magazine Luiza's Industry?
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Magazine Luiza's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Magazine Luiza has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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