Etsy introduces a new initiative to fight climate change

E-commerce website Etsy has partnered with environmental advocacy group 3Degrees to support a portfolio of carbon-reduction and mitigation projects and become the first major online shopping destination to offset 100 percent of shipping emissions.

Etsy (NASDAQ:ETSY) previously committed to powering its offices and computing infrastructure with 100 percent renewable energy and running zero-waste operations by 2020. But the e-commerce site found that in 2018, 98 percent of its carbon impact came from Etsy sellers shipping items to their buyers.

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