MercadoLibre Inc
MercadoLibre's GHG Emissions Data Preview
In 2024, MercadoLibre 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).
MercadoLibre has also provided a category-level breakdown for 6 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Unspecified Calculation Method | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 3 | 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 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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Verified Sources Behind MercadoLibre’s Greenhouse Gas (GHG) Emissions Data
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Insights into MercadoLibre's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions of MercadoLibre amounted to 35,977.7 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 MercadoLibre increased by 38.18%, suggesting that the company faced challenges in reducing its emissions from its core operations. a
MercadoLibre's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are MercadoLibre's Scope 1 emissions?
In 2024, the total Scope 1 emissions of MercadoLibre were 7,112 metric tons of CO₂ equivalent (tCO₂e). a
Has MercadoLibre reduced its Scope 1 emissions over time?
Since 2018, MercadoLibre's Scope 1 emissions have increased by 8,468.67%, reflecting a rising long-term trend in Scope 1 emissions over time. a b
Compared to the previous year (2023), MercadoLibre's Scope 1 emissions decreased by 9.48%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are MercadoLibre's Scope 2 emissions?
In 2024, MercadoLibre reported Scope 2 greenhouse gas (GHG) emissions of 28,865.7 tCO₂e using the location-based method. a
Has MercadoLibre reduced its Scope 2 emissions over time?
Compared to the previous year (2023), MercadoLibre's Scope 2 emissions (Location-Based) rose by 58.79% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a
What methodology does MercadoLibre use for Scope 2 reporting?
In 2024, MercadoLibre reported its Scope 2 emissions using the location-based method. a
MercadoLibre's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 (Unspecified Calculation Method)
Insights into MercadoLibre's Value Chain Emissions
In 2024, MercadoLibre reported 2,315,795 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 MercadoLibre includes a breakdown across 6 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
MercadoLibre's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are MercadoLibre's Scope 3 emissions?
In 2024, MercadoLibre reported total Scope 3 emissions of 2,315,795 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 MercadoLibre reduced its Scope 3 emissions over time?
Since 2018, MercadoLibre's Scope 3 emissions have increased by 801.51%, reflecting a rising long-term trend in Scope 3 emissions over time. a b
Compared to the previous year (2023), MercadoLibre's Scope 3 emissions increased by 11.23%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does MercadoLibre disclose?
In 2024, MercadoLibre reported emissions for 6 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 MercadoLibre's Scope 3 emissions?
In 2024, the largest contributors to MercadoLibre's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 931,932 tCO₂e (40.24%)
- Downstream Transportation and Distribution (Cat. 9): 669,770 tCO₂e (28.92%)
- Upstream Transportation and Distribution (Cat. 4): 583,844 tCO₂e (25.21%)
MercadoLibre's Scope 3 Emissions by Categories
Insights into MercadoLibre’s GHG Emissions Intensity Compared to Industry Peers
In 2024, MercadoLibre reported Scope 1 greenhouse gas (GHG) emissions of 7,112 tCO₂e and total revenues of USD 20,777 millions. This translates into an emissions intensity of 0.34 tCO₂e per millions USD. a
MercadoLibre's Scope 1 Emissions Intensity Compared to Peers
How does MercadoLibre's GHG emissions intensity compare to its peers?
In 2024, MercadoLibre reported a Scope 1 emissions intensity of 0.34 tCO₂e per millions USD. Compared to the peer group median of 0.52, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does MercadoLibre rank on GHG emissions intensity within its industry?
In 2024, MercadoLibre ranked 10 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
MercadoLibre is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a
Insights into MercadoLibre's Total Carbon Footprint
In 2024, MercadoLibre reported a total carbon footprint of 2,351,772.7 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 11.57% increase compared to 2023, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to MercadoLibre's total carbon footprint was Scope 3 emissions, accounting for 98.47% of the company's total carbon footprint, followed by Scope 2 emissions at 1.23%. a