Etsy
Carbon footprint
Primary Climate Goal
Etsy aims to reduce Scope 1 + 2 by 50% by 2030 from a base year 2019
This target is most likely outdated and the company appears to have already achieved it
Secondary Climate Goal
Etsy aims to achieve net zero for all Scopes by 2030
GHG emissions and Carbon intensity
Etsy reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 0.35 Kt (+0.05/+17% y-o-y). Carbon intensity also remained unchnaged at 0.2 t.
Etsy's Scope 3 emissions increased to 549 Kt (
The company is committed to reducing Scope 1 + 2 by 50% by 2030 from a base year 2019, which it appears to have already achieved as of 2021. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.
Also, the company commits to achieving net zero for all Scopes by 2030, which translates into the estimated reduction of -61 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.
Also, the company commits to reducing Scope 3 by 13.5% by 2030 from a base year 2019, which translates into the estimated reduction of -46 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.