Companies with The Climate Label provide products and services that are better for the climate, because they account for the greenhouse gas emissions from operating their business.
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01
Thrive Market measured its GHG emissions in order to understand its impact on the climate and inform its plans to reduce GHGs over time.
Total 2023 GHG Emissions
49,299
tCO2e(market-based)
Roughly equal to driving 10,994 gas-powered cars for one year
0.09
kgCO2eper dollar of revenue
Emissions intensity
Thrive Market's emissions inventory uses a mix of spending and activity-based data. An independent third party verification ensures accuracy and completeness of the inventory. The Change Climate team reviews the submission for compliance with the Standard.
02
Thrive Market is funding a portfolio of projects to support the climate transition. This portfolio includes specific actions within their operations, as well as projects elsewhere around the world.
Total climate funding
$336,597
03
As part of its climate transition planning, Thrive Market has established near-term actions to reduce GHG emissions within the next 12-24 months.
Active
Source of emissions
Upstream shipping
Action
Thrive Market will be implementing a Transportation Management System (TMS) and other software tools to help us consolidate inbound freight ...read more
Status
In progress
Complete By
Q2 2024
Scope
Scope 3
Source of emissions
Raw materials
Action
Thrive Market will increase its percentage of total investment in regenerative agriculture and organic sourcing from 76% to 84% across our o ...read more
Status
In progress
Complete By
Q4 2024
Scope
Scope 3
Source of emissions
Supply chain energy use
Action
Thrive Market will work with at least 20 of our owned brand suppliers to acquire primary data on their carbon footprints and set their scien ...read more
Status
Newly set
Complete By
Q2 2025
Scope
Scope 3
Source of emissions
Electricity
Action
Thrive Market will work to install onsite solar panels to power 100% of the energy use in our Hanover, PA fulfillment center.
Status
Newly set
Complete By
Q1 2026
Scope
Scope 2
Thrive Market has set a long-term target to reduce GHG emissions.
Active
Target
We commit to reducing 2022 Scope 1 & 2 emissions by 42% by 2030.
Target
Thrive Market will work with owned brand suppliers so that >67% have set science-aligned emissions targets by 2027.
Sustainability has been ingrained in our mission since inception, yet we recognize that our journey is just beginning. We have pinpointed three pivotal areas for our focus. We've set ambitious goals and devised a five-year roadmap toward achieving climate positivity. Meeting this milestone demands surpassing all previous efforts and fostering a heightened awareness across our sourcing, energy use, production, and shipping processes. Given the magnitude of the challenges—climate change and the depletion of our planet's finite resources—and the stakes involved, our journey starts here: addressing carbon emissions, waste management and plastic use.
Reach out to learn more about certification, and join our community of companies that chooses to lead on climate action.
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