SALIENT SPOTLIGHT: Etsy’s Carbon Neutral Movement
This week, SalientMG would like to spotlight Etsy for their recent Carbon Neutral announcement.
Etsy recently announced their new efforts to offset carbon emissions. They will become the first global eCommerce company to be carbon neutral.
Global marketplace, Etsy, has recently announced they are becoming the first global eCommerce company to completely offset carbon emissions generated by shipping.
Josh Silverman, Etsy’s CEO said, “as a global marketplace, Etsy has always been conscious of our ecological impact. In 2016, we committed to powering our operations with 100% renewable electricity by 2020. Our trail-blazing Power Purchase Agreement to enable the development of a new solar farm, migration to the Google Cloud Platform, and installation of solar panels at our offices place us firmly on track to meet that goal. We also achieved our goal of running zero waste operations globally in 2018. Two years ahead of schedule.” Silverman continues, “While we’re pleased with the progress within our operations, I believe we must hold ourselves to an even higher standard.”
98% of Etsy’s total emissions stem from items shipped from sellers to buyers on the site. This is something Etsy does not actively manage. The company still wants to take action around it in order to make an environmental impact, though.
When asked how Etsy will offset carbon emissions, Silverman explained, “each time someone buys an item on Etsy, we will automatically purchase verified emissions reductions, more commonly known as “offsets” through our partner 3Degrees. These purchases support environmental projects, including protecting forests that improve air quality and absorb carbon. Sponsoring wind and solar farms that generate clean energy and replace fossil fuels. And developing greener methods for producing auto parts.”
Etsy’s new initiative comes at no additional cost to buyers or sellers.
In addition to this announcement, Etsy also offset shipping emissions for the entire US commerce sector. This will take place for one day on February 28,2019 to jumpstart their new initiative. The US alone is believed to emit approximately 55,000 metric tons of CO2e into the atmosphere a day. This is from simply delivering packages and online orders. Which means Etsy’s effort to offset the entire commerce sector’s emissions for one day on February 28th is equivalent to protecting 100 square miles of US forests for an entire year.
The full press release is available here.
The full Etsy article is available here.