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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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2024, the total operational greenhouse gas (GHG) emissions ofMercadoLibre amounted to35,977.7metric 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 MercadoLibreincreased by 38.18%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of MercadoLibre were 7,112 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Since 2019, MercadoLibre's Scope 1 emissions have increased by 139.7%, reflecting a rising long-term trend in Scope 1 emissions over time.ac
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
In 2024, MercadoLibre reported Scope 2 greenhouse gas (GHG) emissions of 28,865.7 tCOâ‚‚e using the location-based method.a
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 energya
In 2024, MercadoLibre reported its Scope 2 emissions using the location-based method.a
In 2024, MercadoLibre reported 2,315,795 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 MercadoLibre includes a breakdown across 6of 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
In 2024, MercadoLibre reported total Scope 3 emissions of 2,315,795 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
Since 2019, MercadoLibre's Scope 3 emissionshave increased by 1,347.37%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
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
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.
In 2024, the largest contributors to MercadoLibre's Scope 3 emissions were:a
In 2024, MercadoLibre reported Scope 1 greenhouse gas (GHG) emissions of 7,112 tCOâ‚‚e and total revenues of USD 20,777 millions. This translates into an emissions intensity of 0.34 tCOâ‚‚e per millions USD.a
In 2024, MercadoLibre reported a Scope 1 emissions intensity of 0.34 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.99, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, MercadoLibre ranked 8 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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
In 2024, MercadoLibre reported a total carbon footprint of 2,351,772.7 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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