Etsy commits to reaching net zero emissions by 2030

Etsy Net Zero emissions Josh Silverman
Etsy will be increasing its focus on a sustainable supply chain
// Etsy commits to reaching Net Zero emissions by 2030
// The marketplace will be addressing Scope 1, 2, and 3 emissions

Etsy has pledged to reaching Net Zero emissions within the next decade as it seeks to reduce both direct and indirect carbon impacts.

The marketplace, which sells handmade or vintage items and craft supplies, will be addressing not only Scope 1 and 2 emissions, including office operations and purchased energy, but also Scope 3 emissions, which can include seller activities like shipping and packaging.

Etsy will be increasing its focus on a sustainable supply chain, furthering its advocacy for the decarbonisation of the logistics and transportation sector, and examining opportunities for cleaner fulfilment.

“Climate change remains an ever-present threat to our environment and humanity, and we are bound and determined to do everything within our power to not only offset, but to reduce our overall carbon footprint,” Etsy chief executive Josh Silverman said.

“Etsy’s trailblazing integrated reporting model enables us to share impact updates alongside our financial results, reflecting our strong belief that our performance and impact are inextricably linked.

“As always, we’re committed to holding ourselves accountable and maintaining transparency as we push toward a net zero 2030.”

The announcement follows a long run of goals from the business to manage its ecological footprint.

In recent years, these include powering the marketplace with 100 per cent renewable electricity and running zero waste operations globally.

The marketplace became the first ecommerce company to offset carbon emissions from shipping in early 2019.

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