Magazine Luiza
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 18 is lower than 84% 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 2021, Magazine Luiza, headquartered in Brazil, reported a GHG emissions intensity of approximately 7.0 kg CO2e per unit of revenue, although specific total emissions figures for Scope 1, 2, and 3 were not disclosed. The company has not set any formal reduction targets or climate pledges, indicating a lack of publicly available commitments towards emissions reduction. As a current subsidiary of Magazine Luiza S.A., any emissions data or climate initiatives would be cascaded from the parent company. However, no specific initiatives or targets have been identified in the available data. This absence of detailed emissions reporting and reduction commitments highlights a potential area for improvement in the company's climate strategy. Overall, while Magazine Luiza has established a baseline for emissions intensity, further transparency and commitment to reduction targets would enhance its climate accountability and performance.
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.
Magazine Luiza 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.
