Mercado Libre Sustainability Profile
Mercado Libre, often referred to as the "eBay of Latin America," is a leading e-commerce platform headquartered in Uruguay (UY). Founded in 1999, it has grown to dominate the online marketplace across major regions, including Argentina, Brazil, and Mexico. The company operates primarily in the e-commerce and fintech sectors, offering a diverse range of products and services, from consumer goods to digital payments through its Mercado Pago platform. With a commitment to innovation, Mercado Libre has achieved significant milestones, including becoming the first Latin American company to be listed on the NASDAQ. Its unique selling proposition lies in its robust logistics network and user-friendly interface, which enhance the shopping experience. As a market leader, Mercado Libre continues to set benchmarks in the industry, making it a pivotal player in the Latin American digital economy.
DitchCarbon Score
How does Mercado Libre'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 Computer 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
Mercado Libre's score of 54 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mercado Libre's reported carbon emissions
In 2024, Mercado Libre reported total carbon emissions of approximately 2,351,772,700 kg CO2e. This figure includes Scope 1 emissions of about 7,112,000 kg CO2e, Scope 2 emissions of approximately 28,865,700 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled around 2,315,795,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services (approximately 931,932,000 kg CO2e) and downstream transportation and distribution (about 669,770,000 kg CO2e). In comparison, the previous year, 2023, saw total emissions of about 2,107,984,000 kg CO2e, with Scope 1 at approximately 7,857,000 kg CO2e, Scope 2 at around 18,179,000 kg CO2e, and Scope 3 emissions reaching about 2,081,948,000 kg CO2e. This indicates an increase in total emissions year-on-year. Mercado Libre has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 levels as a baseline. These targets reflect a proactive approach to addressing climate change and align with industry standards for sustainability. The emissions data and commitments are sourced from Mercado Libre, Inc., with no cascaded data from a parent or related organization. The company is actively working towards its climate goals, demonstrating a commitment to reducing its carbon footprint in the e-commerce sector.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 83,000 | 0,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,600,000 | 0,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 256,879,000 | 000,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
How Carbon Intensive is Mercado Libre's Industry?
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Mercado Libre's Scope 3 Categories Breakdown
Mercado Libre's Scope 3 emissions, which increased by 11% last year and increased by approximately 802% since 2018, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 40% of Scope 3 emissions.
Top Scope 3 Categories
Mercado Libre'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.
Mercado Libre 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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Frequently Asked Questions
Common questions about Mercado Libre's sustainability data and climate commitments