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Etsy

Sector
Etsy operates in the e-commerce sector, providing an online marketplace for buying and selling handmade and vintage products.
Location
Etsy is headquartered in Brooklyn, New York, United States. However, it has a global presence and serves customers and sellers from around the world.
Format
Physical
Years of implementation
Etsy was founded in 2005, so it has been implementing its approach and practices for over a decade and a half.
Website
https://www.etsy.com/
Abstract

Etsy is an online marketplace that connects independent sellers and buyers of handmade, vintage, and unique products. The company's goal is to support small businesses, artisans, and creative entrepreneurs while promoting sustainability, community, and ethical consumption. Etsy has fostered a community-driven platform that values craftsmanship, individuality, and environmentally-conscious practices.

Relevance

Supporting small businesses: Etsy provides a platform for independent artisans and small businesses to sell their products, supporting local economies and sustainable entrepreneurship.

Handmade and vintage products: Etsy promotes the purchase of handmade and vintage items, which often have a lower environmental impact compared to mass-produced goods.

Environmental initiatives: Etsy is committed to reducing its own environmental footprint by implementing sustainable packaging options and encouraging sellers to adopt eco-friendly practices.

These sustainable aspects make Etsy relevant to the ESG-UP project, as the company embodies principles of sustainability, social responsibility, and ethical commerce.

Concepts addressed within ESG

Etsy addresses ESG-related concepts by focusing on environmental sustainability (reducing waste, promoting eco-friendly practices), social responsibility (supporting small businesses, fostering inclusive communities), and corporate governance (transparency, ethical business practices).

Impact & Achieved Results

Etsy has had a significant impact by empowering artisans and small businesses, promoting sustainable consumption, and fostering a global community of creative entrepreneurs. The company has facilitated economic opportunities and supported the shift towards more ethical and sustainable purchasing habits.

Indicators of performance and success

Etsy measures success through indicators such as the growth of its seller community, the number of unique and handmade products available, customer satisfaction, and the positive social and environmental impact of its initiatives.

Certifications

Etsy does not have specific certifications as a company.

Bibliography

Etsy. (2023). About Etsy. Retrieved from https://www.etsy.com/about

Etsy. (2023). Our Impact. Retrieved from https://www.etsy.com/seller.