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Magazine Luiza SA

Common Name
Magazine Luiza
Country
Brazil
Sector
Consumer Cyclical
Industry
Specialty Retail
Employees
N/A
Ticker
MGLU3
Exchange
B3 S.A.
Description
Magazine Luiza S.A. is a renowned Brazilian retail company offering a broad range of goods including electronics, furniture, and home appliances. Originating as a physical retail chain, this company h...

Magazine Luiza's GHG Emissions Data Preview

In 2024, Magazine Luiza 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).

Magazine Luiza 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)202420232022
2021 - 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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Total Scope 1 Revenue Intensity (tCO2e/$M)
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Limited Data Preview
You are viewing a limited preview of Magazine Luiza’s GHG emissions dataset. The full dataset, available for download, includes Scope 1, 2, and 3 emissions with detailed category-level breakdowns, historical coverage back to 2019, and revenue-based intensity metrics for each scope.
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Verified Sources Behind Magazine Luiza’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Magazine Luiza’s data sources below and access millions more through our Disclosure Search.

a. Magazine Luiza's Sustainability Report 2024
b. Magazine Luiza's Sustainability Report 2023

Insights into Magazine Luiza's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Magazine Luiza amounted to 22,548 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).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Magazine Luiza increased by 22.86%, suggesting that the company faced challenges in reducing its emissions from its core operations.ab

Magazine Luiza's Scope 1 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e+83%+3%-1%+35%+17%
  • Total Scope 1
  • Year-over-Year Change

What are Magazine Luiza's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Magazine Luiza were 15,331 metric tons of CO₂ equivalent (tCO₂e).a

Has Magazine Luiza reduced its Scope 1 emissions over time?

Since 2019, Magazine Luiza's Scope 1 emissions have increased by 193.05%, reflecting a rising long-term trend in Scope 1 emissions over time.ab

Compared to the previous year (2023), Magazine Luiza's Scope 1 emissions increased by 16.73%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Magazine Luiza's Scope 2 emissions?

In 2024, Magazine Luiza reported Scope 2 greenhouse gas (GHG) emissions of 0 tCO₂e using the market-based method and 7,217 tCO₂e using the location-based method.a

Has Magazine Luiza reduced its Scope 2 emissions over time?

Since 2019, Magazine Luiza's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Magazine Luiza's emissions have plateaued with no significant change in its energy consumption footprint.ab

Compared to the previous year (2023), Magazine Luiza's Scope 2 emissions (Location-Based) rose by 38.27% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energyab

What methodology does Magazine Luiza use for Scope 2 reporting?

In 2024, Magazine Luiza reported its Scope 2 emissions using the market-based method and using the location-based method.a

Magazine Luiza's Scope 2 Emissions Over Time

20192020202120222023202404 k8 k12 k16 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Magazine Luiza's Value Chain Emissions

In 2024, Magazine Luiza reported 263,432 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Magazine Luiza 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.a

Magazine Luiza's Scope 3 Emissions Over Time

201920202021202220232024070 k140 k210 k280 ktCO2e+106%+239%-26%-11%+57%
  • Total Scope 3
  • Year-over-Year Change

What are Magazine Luiza's Scope 3 emissions?

In 2024, Magazine Luiza reported total Scope 3 emissions of 263,432 metric tons of CO₂ equivalent (tCO₂e).a

Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Magazine Luiza reduced its Scope 3 emissions over time?

Since 2019, Magazine Luiza's Scope 3 emissions have increased by 626.62%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Magazine Luiza's Scope 3 emissions increased by 56.75%, suggesting that the company faced challenges in reducing emissions across its value chain.ab

What categories of Scope 3 emissions does Magazine Luiza disclose?

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

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

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

In 2024, the largest contributors to Magazine Luiza's Scope 3 emissions were:a

  • Upstream Transportation and Distribution (Cat. 4): 229,802 tCO₂e (87.23%)
  • Employee Commuting (Cat. 7): 14,458 tCO₂e (5.49%)
  • Waste Generated in Operations (Cat. 5): 7,081 tCO₂e (2.69%)

Magazine Luiza's Scope 3 Emissions by Categories

UpstreamTransportation andDistribution(Cat. 4)(87.2%)Waste Generated inOperations (Cat. 5)(2.7%)Employee Commuting(Cat. 7)(5.5%)

Insights into Magazine Luiza’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Magazine Luiza reported Scope 1 greenhouse gas (GHG) emissions of 15,331 tCO₂e and total revenues of USD 6,157 millions. This translates into an emissions intensity of 2.49 tCO₂e per millions USD.a

Magazine Luiza's Scope 1 Emissions Intensity Compared to Peers

205005,000100,0001,000,000Scope 1 Emissions (tCO2e)502002,00010,000100,000Revenues (Millions of USD)KGJHGAKKK'S HoldingsYear: 2024Scope 1: 18,975 tCO2eRevenue: $M 4,744Scope 1 Intensity: 4.00 tCO2e/$MFnac DartyYear: 2024Scope 1: 15,251 tCO2eRevenue: $M 8,588Scope 1 Intensity: 1.78 tCO2e/$MDFS FurnitureYear: 2024Scope 1: 14,441 tCO2eRevenue: $M 1,248Scope 1 Intensity: 11.57 tCO2e/$MGGGrupo Casas BahiaYear: 2024Scope 1: 5,414 tCO2eRevenue: $M 4,404Scope 1 Intensity: 1.23 tCO2e/$MClas OhlsonYear: 2024Scope 1: 85 tCO2eRevenue: $M 928Scope 1 Intensity: 0.09 tCO2e/$MSuper Retail GroupYear: 2025Scope 1: 1,341 tCO2eRevenue: $M 2,679Scope 1 Intensity: 0.50 tCO2e/$MJB Hi-FiYear: 2024Scope 1: 290 tCO2eRevenue: $M 6,402Scope 1 Intensity: 0.05 tCO2e/$MAcademy Sports and OutdoorsYear: 2024Scope 1: 11,972 tCO2eRevenue: $M 5,933Scope 1 Intensity: 2.02 tCO2e/$MLojas Quero-QueroYear: 2023Scope 1: 11,459 tCO2eRevenue: $M 494Scope 1 Intensity: 23.18 tCO2e/$MPetco Health and WellnessYear: 2024Scope 1: 22,604 tCO2eRevenue: $M 6,116Scope 1 Intensity: 3.70 tCO2e/$MCanadian TireYear: 2024Scope 1: 67,988 tCO2eRevenue: $M 11,372Scope 1 Intensity: 5.98 tCO2e/$MMINISO Group HoldingYear: 2024Scope 1: 211 tCO2eRevenue: $M 2,542Scope 1 Intensity: 0.08 tCO2e/$MIVS GroupYear: 2024Scope 1: 19,948 tCO2eRevenue: $M 763Scope 1 Intensity: 26.16 tCO2e/$MCurrysYear: 2025Scope 1: 15,238 tCO2eRevenue: $M 11,604Scope 1 Intensity: 1.31 tCO2e/$MODPYear: 2024Scope 1: 38,694 tCO2eRevenue: $M 6,990Scope 1 Intensity: 5.54 tCO2e/$MC&A ModasYear: 2024Scope 1: 6,354 tCO2eRevenue: $M 1,236Scope 1 Intensity: 5.14 tCO2e/$MPetzYear: 2023Scope 1: 1,415 tCO2eRevenue: $M 654Scope 1 Intensity: 2.16 tCO2e/$MVibra EnergiaYear: 2024Scope 1: 40,181 tCO2eRevenue: $M 27,886Scope 1 Intensity: 1.44 tCO2e/$MAldrees Petroleum and Transport ServicesYear: 2024Scope 1: 314,420 tCO2eRevenue: $M 5,136Scope 1 Intensity: 61.22 tCO2e/$MJJJoshin DenkiYear: 2024Scope 1: 2,962 tCO2eRevenue: $M 2,666Scope 1 Intensity: 1.11 tCO2e/$MHalfords GroupYear: 2025Scope 1: 24,185 tCO2eRevenue: $M 2,219Scope 1 Intensity: 10.90 tCO2e/$MGrupo SBFYear: 2023Scope 1: 3,621 tCO2eRevenue: $M 1,441Scope 1 Intensity: 2.51 tCO2e/$MHHHotel ShillaYear: 2024Scope 1: 6,542 tCO2eRevenue: $M 2,690Scope 1 Intensity: 2.43 tCO2e/$MGGGOME Retail HoldingsYear: 2023Scope 1: 400 tCO2eRevenue: $M 99Scope 1 Intensity: 4.03 tCO2e/$MAAAvoltaYear: 2024Scope 1: 84,421 tCO2eRevenue: $M 15,157Scope 1 Intensity: 5.57 tCO2e/$MMagazine LuizaYear: 2024Scope 1: 15,331 tCO2eRevenue: $M 6,157Scope 1 Intensity: 2.49 tCO2e/$M

How does Magazine Luiza's GHG emissions intensity compare to its peers?

In 2024, Magazine Luiza reported a Scope 1 emissions intensity of 2.49 tCO₂e per millions USD. Compared to the peer group median of 2.51, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Magazine Luiza rank on GHG emissions intensity within its industry?

In 2024, Magazine Luiza ranked 13 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a

Magazine Luiza is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a

Insights into Magazine Luiza's Total Carbon Footprint

In 2024, Magazine Luiza reported a total carbon footprint of 285,980 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 53.41% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.ab

The largest contributor to Magazine Luiza's total carbon footprint was Scope 3 emissions, accounting for 92.12% of the company's total carbon footprint, followed by Scope 1 emissions at 5.36%.a

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