Mercado Libre
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 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 26 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Mercado Libre's reported carbon emissions
As of 2023, Mercado Libre reported total carbon emissions of approximately 1,959,475,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 567,156,000 kg CO2e, Scope 2 emissions totalled approximately 16,864,000 kg CO2e, and Scope 3 emissions accounted for around 1,375,455,000 kg CO2e. In the previous year, 2022, the company emitted about 1,694,430,000 kg CO2e, indicating an increase in emissions year-on-year. The breakdown for 2022 shows Scope 1 emissions at approximately 469,550,000 kg CO2e, Scope 2 at about 17,844,000 kg CO2e, and Scope 3 at around 1,207,037,000 kg CO2e. Mercado Libre has not committed to net-zero emissions nor established specific reduction targets as of the latest data. However, they are classified as "Committed" to near-term targets, although no specific targets have been publicly defined. The company operates within the software and services sector and is headquartered in Uruguay (UY), serving as a significant player in the Latin American market. Overall, while Mercado Libre has made strides in tracking and reporting its emissions, further clarity on reduction initiatives and long-term climate commitments would enhance its sustainability profile.
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Add to project| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 2,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 4,000,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 160,000,000 | 000,000,000 | 000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Mercado Libre is committed to some reduction initiatives 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.
