Mercado Libre
Mercado Libre, often referred to as the "eBay of Latin America," is a leading e-commerce platform headquartered in Uruguay (UY). Founded in 1999, it has grown to dominate the online marketplace across major regions, including Argentina, Brazil, and Mexico. The company operates primarily in the e-commerce and fintech sectors, offering a diverse range of products and services, from consumer goods to digital payments through its Mercado Pago platform. With a commitment to innovation, Mercado Libre has achieved significant milestones, including becoming the first Latin American company to be listed on the NASDAQ. Its unique selling proposition lies in its robust logistics network and user-friendly interface, which enhance the shopping experience. As a market leader, Mercado Libre continues to set benchmarks in the industry, making it a pivotal player in the Latin American digital economy.
DitchCarbon Score
How does Mercado Libre's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Mercado Libre's score of 54 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Mercado Libre's reported carbon emissions
In 2024, Mercado Libre reported total carbon emissions of approximately 2,351,772,700 kg CO2e. This figure includes Scope 1 emissions of about 7,112,000 kg CO2e, Scope 2 emissions of around 28,865,700 kg CO2e, and a significant contribution from Scope 3 emissions, which totalled approximately 2,315,795,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services (about 931,932,000 kg CO2e) and downstream transportation and distribution (approximately 669,770,000 kg CO2e). Mercado Libre has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company is committed to a 30% reduction in Scope 1 and Scope 2 emissions from 2020 levels by 2030. Specifically, they aim for a 50% reduction in both Scope 1 and Scope 2 emissions by 2030, using 2020 as the baseline year. These initiatives reflect Mercado Libre's dedication to addressing its carbon footprint and contributing to global climate goals, aligning with industry standards for sustainability and emissions reduction.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,000,000 | 000,000,000 | 000,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,000,000 | 0,000,000 | 000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 160,000,000 | 000,000,000 | 000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Mercado Libre is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
