Spin Master
Spin Master Ltd., headquartered in Canada, is a leading global toy and entertainment company renowned for its innovative products and engaging experiences. Founded in 1994, Spin Master has achieved significant milestones, including the launch of iconic brands such as PAW Patrol, Hatchimals, and Air Hogs, which have captivated children and families worldwide. Operating in the toy industry, Spin Master excels in various business areas, including plush toys, games, and interactive entertainment. Their commitment to creativity and quality sets them apart, making their offerings unique in a competitive market. With a strong presence in North America, Europe, and Asia, Spin Master has solidified its position as a top player in the industry, consistently delivering award-winning products that inspire imaginative play.
DitchCarbon Score
How does Spin Master'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 Business 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
Spin Master's score of 59 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spin Master's reported carbon emissions
In 2024, Spin Master reported total carbon emissions of approximately 97,714,000 kg CO2e, comprising 18,000 kg CO2e from Scope 1, 3,566,000 kg CO2e from Scope 2, and a significant 97,714,000 kg CO2e from Scope 3 emissions. This marks a notable increase in Scope 3 emissions from 70,759,000 kg CO2e in 2023, where Scope 1 and 2 emissions were 210,000 kg CO2e and 1,542,000 kg CO2e, respectively. Spin Master has set ambitious climate commitments, aiming for a 70% reduction in Scope 1 and 2 emissions by 2030, with a long-term goal of achieving net zero for these scopes by 2050. Additionally, the company targets an 85% reduction in waste in owned and leased facilities by 2025, progressing towards zero waste by 2035. These targets are based on a 2019 baseline. The company is also a signatory of the Climate Pledge, committing to proactive climate action. Spin Master's emissions data is independently reported and does not cascade from any parent organisation.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,566,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 2,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 169,386,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Spin Master is participating in some 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.
