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Magazine Luiza SA
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  b | Copy restricted. Please purchase to unlock this data.  b | 0000000 |
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bVerified 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.
Insights into Magazine Luiza's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofMagazine Luiza amounted to22,548metric 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 Luizaincreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e using the market-based method and 7,217 tCOâ‚‚e 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e) 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 7of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(87.23%)
- Employee Commuting (Cat. 7): 14,458 tCOâ‚‚e(5.49%)
- Waste Generated in Operations (Cat. 5): 7,081 tCOâ‚‚e(2.69%)
Magazine Luiza's Scope 3 Emissions by Categories
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 tCOâ‚‚e and total revenues of USD 6,157 millions. This translates into an emissions intensity of 2.49 tCOâ‚‚e per millions USD.a
Magazine Luiza's Scope 1 Emissions Intensity Compared to Peers
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 tCOâ‚‚e per millions USD. Compared to the peer group median of 3.7, 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 11 out of 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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