# Thrive Market

**Certification:** The Climate Label Certified — Completed (expired), 2024
**Certified since:** 2023 (most recent: 2024)
**Industry:** Food + Beverage
**Website:** https://thrivemarket.com/
**Sustainability page:** https://thrivemarket.com/sustainability

## Sustainability story

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.

## Emissions (2024)

**Methodology:** 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.

- Scope 1: 980 tCO2e
- Scope 2 (location-based): 0 tCO2e
- Scope 2 (market-based): 0 tCO2e
- Scope 3 (location-based): 0 tCO2e
- Scope 3 (market-based): 48,319 tCO2e
- **Total (location-based): 0 tCO2e**
- **Total (market-based): 49,299 tCO2e**

**Emissions intensity:** Per dollar of revenue — dollar of revenue

### Emissions history (tCO2e, intensity as disclosed)
| Year | Scope 1 | Scope 2 | Scope 3 (loc) | Scope 3 (mkt) | Intensity |
|-|-|-|-|-|-|
| 2022 | n/a | n/a | n/a | n/a | n/a |
| 2023 | 980 | 0 | 0 | 48,319 | 0.09 |

## Reduction plans

### Science-aligned targets
- We commit to reducing 2022 Scope 1 & 2 emissions by 42% by 2030. (completion: 0%)
- Thrive Market will work with owned brand suppliers so that >67% have set science-aligned emissions targets by 2027. (completion: 0%)

### Reduction action plans
- **Scope 3** — Thrive Market will be implementing a Transportation Management System (TMS) and other software tools to help us consolidate inbound freight into fewer truckloads. We expect a 20% reduction in LTL shipments. (source: Upstream shipping, target: Q2 2024, completion: 25%)
- **Scope 3** — Thrive Market will increase its percentage of total investment in regenerative agriculture and organic sourcing from 76% to 84% across our owned brand food products. (source: Raw materials, target: Q4 2024, completion: 38%)
- **Scope 3** — Thrive Market will work with at least 20 of our owned brand suppliers to acquire primary data on their carbon footprints and set their science aligned reduction targets to reduce our emissions from fuel and electricity usage at these facilities. (source: Supply chain energy use, target: Q2 2025, completion: 0%)
- **Scope 2** — Thrive Market will work to install onsite solar panels to power 100% of the energy use in our Hanover, PA fulfillment center. (source: Electricity, target: Q1 2026, completion: 0%)

## Climate funding (2024)

**Total funding:** $336,597.2

**Spend by category:**
- VCA (Voluntary Carbon / Reductions): $0
- OC (Organizational Commitments): $0
- BVC (Beyond Value Chain): n/a

### Projects
- [BVC] Sichuan Furong Coal Mine Methane Utilization Project (Carbon credit, Voluntary Carbon Market): $28,494 — type: Industrial, registry: Verified Carbon Standard, vintage: 2020, location: China, provider: ClimeCo
- [BVC] Cordillera Azul National Park REDD+ (Carbon credit, Voluntary Carbon Market): $18,980 — type: Forestry, registry: Verified Carbon Standard, vintage: 2017, location: Peru, provider: ClimeCo
- [BVC] Phlogiston Phase I (Carbon credit, Voluntary Carbon Market): $23,473.2 — type: Industrial, registry: Climate Action Reserve, vintage: 2022, location: USA, provider: ClimeCo
- [BVC] Xinyang MSW Landfill LFG Recovery to Power Project (Carbon credit, Voluntary Carbon Market): $207,669.99 — type: Landfill Gas, registry: Gold Standard, vintage: 2020, location: China, provider: Bonneville Environmental Foundation (BEF)
- [BVC] Manantiales Behr Wind Farm (Carbon credit, Voluntary Carbon Market): $57,980.01 — type: Renewable Energy, registry: Verified Carbon Standard, vintage: 2020, location: Argentina, provider: Bonneville Environmental Foundation (BEF)

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Source: https://explore.changeclimate.org/brand/thrive-market
API documentation: https://api-docs.changeclimate.org/certified-brands.html