Reselling Promotes Sustainability: Here's How Much Water And Energy eBay Saved In 2020

Auction and resale marketplace company eBay Inc EBAY has a commitment to reduce its greenhouse gas emissions by 50% by the year 2025. The company made progress in 2020 in a shared report called “our environmental footprint.”

The Highlights: eBay reduced its greenhouse gas emissions by 44% in 2020 thanks to the increased usage of renewable energy and less people working in physical offices.

Renewable energy represented 74% of the energy used by eBay in 2020 compared to 66% in 2019.

The company decreased water usage by 29% in 2020, which was the equivalent of 104 Olympic-sized pools.

Sales of pre-owned electronics and apparel on eBay in 2020 helped conserve 720,000 metric tons of carbon emissions.

Related link: If You Invested $1,000 In Ebay When It Acquired Paypal, Here’s How Much You’d Have Now

ebay-sustainability.jpeg

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Newsauction stockscarbon emissionsgreenhouse gasreselling
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!