In 2023, 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 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
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.
In 2023, the total operational greenhouse gas (GHG) emissions of Magazine Luiza amounted to 18,352.59 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 2022, the total operational greenhouse gas (GHG) emissions of Magazine Luiza increased by 19.17%, suggesting that the company faced challenges in reducing its emissions from its core operations.
In 2023, the total Scope 1 emissions of Magazine Luiza were 13,133.22 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Since 2019, Magazine Luiza's Scope 1 emissions have increased by 151.04%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Magazine Luiza's Scope 1 emissions increased by 34.69%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.
In 2023, Magazine Luiza reported Scope 2 greenhouse gas (GHG) emissions of 5,219.37 tCOâ‚‚e using the location-based method.
Since 2019, Magazine Luiza's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 27.93%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Magazine Luiza's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Magazine Luiza 's emissions have plateaued with no significant change in its energy consumption footprint.
In 2023, Magazine Luiza reported its Scope 2 emissions using the location-based method.
In 2023, Magazine Luiza reported 168,057.2 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 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
In 2023, Magazine Luiza reported total Scope 3 emissions of 168,057.2 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Since 2019, Magazine Luiza's Scope 3 emissions have increased by 363.55%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Magazine Luiza's Scope 3 emissions decreased by 10.62%, highlighting the company's efforts to lower indirect emissions from its value chain.
In 2023, Magazine Luiza 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.
In 2023, the largest contributors to Magazine Luiza's Scope 3 emissions were:
In 2023, Magazine Luiza reported a total carbon footprint of 186,409.79 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.36% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Magazine Luiza's total carbon footprint was Scope 3 emissions, accounting for 90.15% of the company's total carbon footprint, followed by Scope 1 emissions at 7.05%.