Spotify AB
Spotify AB, commonly known as Spotify, is a leading music streaming service headquartered in Stockholm, Sweden (SE). Founded in 2006, the company has revolutionised the way people access and enjoy music, boasting a vast library of over 70 million tracks. With a strong presence in Europe, North America, and parts of Asia, Spotify operates in the digital media industry, primarily focusing on music streaming, podcasting, and audio content. The platform's unique algorithms and personalised playlists, such as Discover Weekly, set it apart from competitors, enhancing user engagement and satisfaction. Spotify has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. As a pioneer in the streaming landscape, Spotify continues to shape the future of audio entertainment, solidifying its position as a market leader.
DitchCarbon Score
How does Spotify AB's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
Spotify AB's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spotify AB's reported carbon emissions
In 2020, Spotify AB reported total carbon emissions of approximately 169,000,000 kg CO2e. This figure includes Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of about 2,600,000 kg CO2e (market-based), and significant Scope 3 emissions of approximately 166,300,000 kg CO2e. The total emissions from Scope 1 and 2 combined were around 2,600,000 kg CO2e. As of 2023, Spotify has not disclosed any new emissions data, and there are no specific reduction targets or climate pledges outlined in their current initiatives. The company operates as a current subsidiary of Spotify Technology S.A., which may influence its climate strategies and reporting. Spotify's commitment to sustainability is evident through its participation in various initiatives, although specific targets from the Science Based Targets initiative (SBTi) or other reduction initiatives have not been detailed. The absence of recent emissions data suggests a need for further transparency in their climate commitments.
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| 2020 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,600,000 |
| Scope 3 | 166,300,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Spotify AB is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
