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Shopify Inc
Shopify's GHG Emissions Data Preview
In 2024, Shopify 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).
Shopify has also provided a category-level breakdown for 2 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.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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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aVerified Sources Behind Shopify’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 Shopify’s data sources below and access millions more through our Disclosure Search.
Insights into Shopify's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofShopify amounted to679metric 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 Shopifydecreased by 71.46%, showing that the company has made progress in taking action to reduce the climate impact of its operations.a
Shopify's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Shopify's Scope 1 emissions?
In 2024, the total Scope 1 emissions of Shopify were 360 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
Has Shopify reduced its Scope 1 emissions over time?
Since 2019, Shopify's Scope 1 emissions have decreased by 78.9%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year(2023), Shopify's Scope 1 emissions decreased by 47.14%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
What are Shopify's Scope 2 emissions?
In 2024, Shopify reported Scope 2 greenhouse gas (GHG) emissions of 319 tCOâ‚‚e without specifying the calculation method.a
Has Shopify reduced its Scope 2 emissions over time?
Since 2019, Shopify's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method)have decreased by 13.55%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year(2023), Shopify's Scope 2 emissions(Unspecified Calculation Method) fell by 81.21% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.a
What methodology does Shopify use for Scope 2 reporting?
In 2024, Shopify reported its Scope 2 emissions using an unspecified methodology.a
Shopify's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Shopify's Value Chain Emissions
In 2024, Shopify reported 23,622 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 Shopify includes a breakdown across 2of 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
Shopify's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Shopify's Scope 3 emissions?
In 2024, Shopify reported total Scope 3 emissions of 23,622 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 Shopify reduced its Scope 3 emissions over time?
Since 2019, Shopify's Scope 3 emissionshave increased by 383.07%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
Compared to the previous year (2023), Shopify's Scope 3 emissions remained relatively stable, indicating that Shopify's emissions have plateaued with no significant change in its value chain footprint.a
What categories of Scope 3 emissions does Shopify disclose?
In 2024, Shopify reported emissions for 2 out of the 15 Scope 3 categories defined by the GHG Protocol.a
The limited disclosure restricts visibility into specific emission sources across the company's value chain.
What are the main sources of Shopify's Scope 3 emissions?
In 2024, the largest contributors to Shopify's Scope 3 emissions were:a
- Business Travel (Cat. 6): 21,959 tCOâ‚‚e(92.96%)
- Employee Commuting (Cat. 7): 1,663 tCOâ‚‚e(7.04%)
Shopify's Scope 3 Emissions by Categories
Insights into Shopify’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Shopify reported Scope 1 greenhouse gas (GHG) emissions of 360 tCOâ‚‚e and total revenues of USD 8,889 millions. This translates into an emissions intensity of 0.04 tCOâ‚‚e per millions USD.a
Shopify's Scope 1 Emissions Intensity Compared to Peers
How does Shopify's GHG emissions intensity compare to its peers?
In 2024, Shopify reported a Scope 1 emissions intensity of 0.04 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.38, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
Where does Shopify rank on GHG emissions intensity within its industry?
In 2024, Shopify ranked 4 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
This places Shopify among the top performers, with one of the lowest emissions intensities relative to peers.a
Insights into Shopify's Total Carbon Footprint
In 2024, Shopify reported a total carbon footprint of 24,301 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 1.77% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.a
The largest contributor to Shopify's total carbon footprint was Scope 3 emissions, accounting for 97.21% of the company's total carbon footprint, followed by Scope 1 emissions at 1.48%.a