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Paramount+

Company website

Paramount Global, commonly known as Paramount+, is a leading streaming service headquartered in the United States. Founded in 2021, it has quickly established itself as a significant player in the entertainment industry, offering a diverse range of content across various genres. Paramount+ provides subscribers with access to a vast library of films, television shows, and live sports, setting itself apart with exclusive programming from renowned franchises like Star Trek and the NFL. With a strong operational presence in North America and expanding internationally, Paramount+ has achieved notable milestones, including rapid subscriber growth and strategic partnerships. Its unique blend of original content, classic films, and live events positions it as a competitive force in the streaming landscape, appealing to a broad audience seeking quality entertainment.

DitchCarbon Score

How does Paramount+'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.

28

Industry Average

Mean score of companies in the 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.

0

Industry Benchmark

Paramount+'s score of 28 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.

0%

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Paramount+'s reported carbon emissions

In 2023, Paramount+ reported total carbon emissions of approximately 2,138,200,000 kg CO2e. This figure includes Scope 1 emissions of about 45,969,000 kg CO2e, Scope 2 emissions of approximately 95,636,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,996,595,000 kg CO2e. Notably, the largest components of Scope 3 emissions were from purchased goods and services, accounting for about 1,491,640,000 kg CO2e. Comparatively, in 2022, the total emissions were approximately 2,702,091,000 kg CO2e, with Scope 1 emissions at about 181,218,000 kg CO2e, Scope 2 emissions at approximately 159,078,000 kg CO2e (market-based), and Scope 3 emissions reaching around 2,361,795,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Paramount+ has committed to further reducing its Scope 1 and 2 greenhouse gas emissions by an additional 50% by 2028, as part of the Department of Energy's Better Climate Challenge. This commitment builds on significant reductions achieved over the past 15 years, demonstrating the organisation's proactive approach to climate action. The emissions data reported is not cascaded from any parent organisation, indicating that Paramount+ is independently managing its emissions reporting and climate commitments.

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202120222023
Scope 1
173,281,000
000,000,000
00,000,000
Scope 2
127,690,000
000,000,000
00,000,000
Scope 3
1,739,593,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paramount+'s primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Paramount+ is in US, which has a low grid carbon intensity relative to other regions.

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.

Paramount+ 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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