ETSY Inc

Common Name
ETSY
Country
United States
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
2,400
Ticker
ETSY
Exchange
NASDAQ/NGS
Description
Etsy Inc. operates as an American e-commerce company dedicated to bringing handmade, vintage, and unique factory-manufactured items to a global marketplace. Its platform facilitates a connection betwe...

ETSY's GHG Emissions Data Preview

In 2024, ETSY completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

ETSY has also provided a category-level breakdown for 7 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into ETSY's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of ETSY amounted to 1,210 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of ETSY increased by 5.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.

ETSY's Scope 1 Emissions Over Time

2018201920202021202220232024095190285380tCO2e0%-21%+19%+6%-11%-14%
  • Total Scope 1
  • Year-over-Year Change

What are ETSY's Scope 1 emissions?

In 2024, the total Scope 1 emissions of ETSY were 284 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has ETSY reduced its Scope 1 emissions over time?

Since 2018, ETSY's Scope 1 emissions have decreased by 23.63%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), ETSY's Scope 1 emissions decreased by 13.94%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.

What are ETSY's Scope 2 emissions?

In 2024, ETSY reported Scope 2 greenhouse gas (GHG) emissions of 926 tCOâ‚‚e using the location-based method.

Has ETSY reduced its Scope 2 emissions over time?

Since 2018, ETSY's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 68.32%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), ETSY's Scope 2 emissions (Location-Based) rose by 13.9% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does ETSY use for Scope 2 reporting?

In 2024, ETSY reported its Scope 2 emissions using the location-based method.

ETSY's Scope 2 Emissions Over Time

201820192020202120222023202407501.5 k2.25 k3 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into ETSY's Value Chain Emissions

In 2024, ETSY reported 478,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of ETSY includes a breakdown across 7 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.

ETSY's Scope 3 Emissions Over Time

20182019202020212022202320240150 k300 k450 k600 ktCO2e+14%+181%+25%-3%-12%+2%
  • Total Scope 3
  • Year-over-Year Change

What are ETSY's Scope 3 emissions?

In 2024, ETSY reported total Scope 3 emissions of 478,282 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 98.43% of these emissions originated from upstream activities such as purchased goods and capital goods, while 1.57% came from downstream activities like product use, distribution, and end-of-life treatment.

Has ETSY reduced its Scope 3 emissions over time?

Since 2018, ETSY's Scope 3 emissions have increased by 248.95%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), ETSY's Scope 3 emissions remained relatively stable, indicating that ETSY 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does ETSY disclose?

In 2024, ETSY reported emissions for 7 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of ETSY's Scope 3 emissions?

In 2024, the largest contributors to ETSY's Scope 3 emissions were:

  • Downstream Transportation and Distribution (Cat. 9): 338,387 tCOâ‚‚e (70.75%)
  • Purchased Goods and Services (Cat. 1): 125,972 tCOâ‚‚e (26.34%)
  • Use of Sold Products (Cat. 11): 7,488 tCOâ‚‚e (1.57%)

ETSY's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(1.6%)DownstreamTransportation andDistribution(Cat. 9)(70.8%)Purchased Goods andServices (Cat. 1)(26.3%)

Insights into ETSY's Total Carbon Footprint

In 2024, ETSY reported a total carbon footprint of 479,492 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.08% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to ETSY's total carbon footprint was Scope 3 emissions, accounting for 99.75% of the company's total carbon footprint, followed by Scope 2 emissions at 0.19%.