Etsy announced today that it is deepening its commitment to a sustainable future with a goal to reach Net Zero emissions by 2030 building on its 2019 effort when it became one of the first major online shopping platforms to offset carbon emissions from shipping.
The company said it was expanding on emissions reductions in its value chain and defining ambitious long-term goals while continuing to run a carbon neutral company. Etsy will follow the protocols from the Science Based Targets Initiative to reach its new goal of Net Zero carbon emissions by 2030, which will include:
- 50% absolute reduction in Scope 1+2 greenhouse gas emissions by 2030 (incl. office operations; purchased energy)
- 13.5% absolute reduction in Scope 3 greenhouse gas emissions by 2030 (incl. seller shipping, fulfillment)
“Efforts to reach this ambitious goal will touch every corner of the Etsy business and require buy-in from our teams and partners around the globe. Alongside the many actions we’re already taking to lessen our carbon footprint, we will be increasing our focus on working with sustainable vendors and suppliers, furthering our advocacy for the decarbonization of the logistics and transportation sector, and addressing opportunities for cleaner fulfillment.”Josh Silverman, Etsy Chief Executive Officer
To track Etsy’s progress to Net Zero, the company maintains an Ecological Impact page which offers updates and additional information about its green initiatives.
Subscribe to Our Newsletter Today
Stay in touch with the latest business insights for your online business
We do not share your information and you can unsubscribe anytime
Connect With Us And Other Small Business Owners
Please head over to our Facebook Group for Small Business Sellers and interact with other small business owners.