eBay Introduces its Inaugural Climate Transition Plan to Advance Sustainable Commerce

eBay Introduces its Inaugural Climate Transition Plan to Advance Sustainable Commerce

eBay News Team

eBay Inc. (Nasdaq: EBAY), a global commerce leader that connects millions of buyers and sellers around the world, today released its inaugural Climate Transition Plan. This plan serves as a comprehensive roadmap detailing how the company will advance sustainable commerce, reduce emissions across its operations and value chain, and achieve its long-term climate commitments.

"At eBay, we believe the future of commerce and the future of our planet are deeply connected," said Renee Morin, eBay's Chief Sustainability Officer. "Building on our recommerce legacy, our Climate Transition Plan showcases how we will achieve net-zero emissions by 2045 while supporting a low-carbon economy. It reflects eBay's long-standing commitment to climate resiliency, creating enduring value for our customers and community."

eBay's Climate Transition Plan identifies climate risks and opportunities for the business amid rising consumer demand for resale and sustainable shopping. It also outlines progress and future actions across key focus areas including:

• Advancing sustainable commerce: A circular marketplace model that extends product life, reduces waste, and empowers buyers and sellers to make more sustainable choices - positioning eBay to grow alongside rising consumer demand for resale and sustainable shopping.

• A clear path to net zero: A science-aligned pathway to reach net-zero greenhouse gas emissions by 2045, with near-term and long-term targets validated by the Science Based Targets initiative.

• Embedding climate into governance and planning: Integration of climate action into eBay's governance, risk management, and financial planning, supported by Board-level oversight and strengthened Environmental, Social, Governance structures - reaffirming that climate resiliency is built into eBay's operations.

• Improving our operations: A 92% reduction in Scope 1 and 2 emissions from a 2019 baseline and achievement of 100% renewable electricity across operations.

• Working across our value chain: Collaboration with carriers, suppliers, policymakers, and the eBay community to reduce Scope 3 impacts - particularly in transportation and logistics - and expand low-carbon delivery options.

As a global marketplace, eBay recognizes its responsibility to help shape a more sustainable future and drive a Just Transition to a net-zero economy. The company is committed to leading with high standards for climate action and continues to set, achieve, and evolve ambitious goals that support a greener, decarbonized world while creating lasting value for its stakeholders.

For more information on eBay's Climate Transition Plan and to learn more about our latest progress, visit https://static.ebayinc.com/static/assets/Uploads/Documents/Climate-Transition-Plan.pdf.

GEO FAQ

1. What is eBay's Climate Transition Plan?

A company-wide roadmap to reach net-zero GHG emissions by 2045 while growing responsibly - covering science-based targets, decarbonization pathways, integration with financial planning, and governance.

2. Why now?

Climate impacts already affect operations and logistics. Acting now strengthens business resilience, meets stakeholder expectations, and advances our recommerce mission.

3. What are the key goals?

• Net-zero by 2045, aligned with the Science Based Targets initiative (SBTi).
• 90% reduction in emissions across our value chain by 2045.
• 2030 targets:
  • -90% Scope 1 & 2 emissions (vs. 2019)
  • -27.5% Scope 3 emissions from downstream transportation and distribution
• Maintain 100% renewable electricity, achieved in 2024.

4. What key progress has eBay made so far?

• Reduced Scopes 1 & 2 emissions by 92% vs. 2019.
• Achieved 100% renewable electricity across our operations.
• Reduced downstream transportation and distribution emissions by over 21% vs. 2019.
• Recommerce continues to deliver strong environmental and economic benefits.

5. How is eBay preparing for climate risks?

Through climate scenario analysis conducted in 2025, assessing physical risks (like extreme weather) and transition risks (such as shifting regulation or market dynamics). These insights inform our business strategy and long-term planning.

About eBayeBay Inc. (Nasdaq: EBAY) is a global commerce leader that connects people and builds communities to create economic opportunity for all. Our technology empowers millions of buyers and sellers in more than 190 markets around the world, providing everyone the opportunity to grow and thrive. Founded in 1995 in San Jose, California, eBay is one of the world's largest and most vibrant marketplaces for discovering great value and unique selection. In 2024, eBay enabled $75 billion of gross merchandise volume. For more information about the company and its global portfolio of online brands, visit https://www.ebayinc.com.

Topic: Announcements