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MercadoLibre Inc

Common Name
MercadoLibre
Country
Uruguay
Sector
Consumer Cyclical
Industry
Internet Retail
Employees
84,207
Ticker
MELI
Exchange
NASDAQ/NGS
Description
MercadoLibre Inc. is a prominent e-commerce company operating across Latin America, serving as a pivotal platform for online buying and selling. Founded in 1999 and headquartered in Buenos Aires, Arge...

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)2024202320222021 - 2017
Total Scope 1
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0000000
Total Scope 2
Unspecified Calculation Method
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind MercadoLibre’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 MercadoLibre’s data sources below and access millions more through our Disclosure Search.

a. MercadoLibre's Impact Report 2024
a. MercadoLibre's Impact Report 2024
b. MercadoLibre's ESG Report 2022
b. MercadoLibre's ESG Report 2022
c. MercadoLibre's Impact Report 2021
c. MercadoLibre's Impact Report 2021

Insights into MercadoLibre's Operational Emissions

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

MercadoLibre's Scope 1 Emissions Over Time

201920202021202220232024090 k180 k270 k360 ktCO2e+3460%+225%-99%+173%-9%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).a

Has MercadoLibre reduced its Scope 1 emissions over time?

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

What are MercadoLibre's Scope 2 emissions?

In 2024, MercadoLibre reported Scope 2 greenhouse gas (GHG) emissions of 28,865.7 tCOâ‚‚e 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 energya

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

20192020202120222023202407.5 k15 k22.5 k30 ktCO2e
  • 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 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

MercadoLibre's Scope 3 Emissions Over Time

2019202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e+160%+126%+50%+48%+11%
  • 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 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 MercadoLibre reduced its Scope 3 emissions over time?

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

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 tCOâ‚‚e(40.24%)
  • Downstream Transportation and Distribution (Cat. 9): 669,770 tCOâ‚‚e(28.92%)
  • Upstream Transportation and Distribution (Cat. 4): 583,844 tCOâ‚‚e(25.21%)

MercadoLibre's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(28.9%)Purchased Goods andServices (Cat. 1)(40.2%)UpstreamTransportation andDistribution(Cat. 4)(25.2%)

Insights into MercadoLibre’s GHG Emissions Intensity Compared to Industry Peers

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

MercadoLibre's Scope 1 Emissions Intensity Compared to Peers

220010,0001,000,000100,000,000Scope 1 Emissions (tCO2e)501,00010,000200,0002,000,000Revenues (Millions of USD)GAMeituanYear: 2024Scope 1: 78 tCO2eRevenue: $M 48,931Scope 1 Intensity: 0.00 tCO2e/$MeBayYear: 2024Scope 1: 5,098 tCO2eRevenue: $M 10,282Scope 1 Intensity: 0.50 tCO2e/$MSwiggyYear: 2025Scope 1: 107 tCO2eRevenue: $M 1,762Scope 1 Intensity: 0.06 tCO2e/$MGGGear4music (Holdings)Year: 2025Scope 1: 312 tCO2eRevenue: $M 190Scope 1 Intensity: 1.64 tCO2e/$MAAAmericanasYear: 2021Scope 1: 2,527 tCO2eRevenue: $M 4,043Scope 1 Intensity: 0.63 tCO2e/$MDoorDashYear: 2022Scope 1: 3,565 tCO2eRevenue: $M 6,584Scope 1 Intensity: 0.54 tCO2e/$MZalandoYear: 2024Scope 1: 10,928 tCO2eRevenue: $M 11,002Scope 1 Intensity: 0.99 tCO2e/$MAmazon.comYear: 2024Scope 1: 15,130,000 tCO2eRevenue: $M 637,958Scope 1 Intensity: 23.72 tCO2e/$MMonotaROYear: 2024Scope 1: 3 tCO2eRevenue: $M 1,875Scope 1 Intensity: 0.00 tCO2e/$MQVC GroupYear: 2024Scope 1: 12,277 tCO2eRevenue: $M 10,037Scope 1 Intensity: 1.22 tCO2e/$MDeliverooYear: 2024Scope 1: 4,231 tCO2eRevenue: $M 2,600Scope 1 Intensity: 1.63 tCO2e/$MDelivery HeroYear: 2024Scope 1: 46,880 tCO2eRevenue: $M 12,794Scope 1 Intensity: 3.66 tCO2e/$MVipshop HoldingsYear: 2024Scope 1: 9,870 tCO2eRevenue: $M 2,069Scope 1 Intensity: 4.77 tCO2e/$MBaozunYear: 2023Scope 1: 316 tCO2eRevenue: $M 1,240Scope 1 Intensity: 0.25 tCO2e/$MProsusYear: 2023Scope 1: 16 tCO2eRevenue: $M 4,211Scope 1 Intensity: 0.00 tCO2e/$MJust Eat Takeaway.comYear: 2024Scope 1: 10,322 tCO2eRevenue: $M 3,709Scope 1 Intensity: 2.78 tCO2e/$MTHGYear: 2024Scope 1: 5,332 tCO2eRevenue: $M 2,198Scope 1 Intensity: 2.43 tCO2e/$MJD.comYear: 2024Scope 1: 2,266,323 tCO2eRevenue: $M 172,948Scope 1 Intensity: 13.10 tCO2e/$MMango Excellent MediaYear: 2024Scope 1: 574 tCO2eRevenue: $M 1,929Scope 1 Intensity: 0.30 tCO2e/$MNaspersYear: 2025Scope 1: 36,912 tCO2eRevenue: $M 7,181Scope 1 Intensity: 5.14 tCO2e/$MLYYear: 2024Scope 1: 3,395 tCO2eRevenue: $M 11,984Scope 1 Intensity: 0.28 tCO2e/$MN Brown GroupYear: 2024Scope 1: 1,663 tCO2eRevenue: $M 759Scope 1 Intensity: 2.19 tCO2e/$MMomo ComYear: 2024Scope 1: 2,001 tCO2eRevenue: $M 3,436Scope 1 Intensity: 0.58 tCO2e/$MMercadoLibreYear: 2024Scope 1: 7,112 tCO2eRevenue: $M 20,777Scope 1 Intensity: 0.34 tCO2e/$M

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

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

Where does MercadoLibre rank on GHG emissions intensity within its industry?

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

Insights into MercadoLibre's Total Carbon Footprint

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

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