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 53 is higher than 98% 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 2023, Spin Master reported total carbon emissions of approximately 78,109,000 kg CO2e, with emissions distributed across Scope 1, Scope 2, and Scope 3. Specifically, Scope 1 emissions were about 246,000 kg CO2e, Scope 2 emissions totalled approximately 1,339,000 kg CO2e, and Scope 3 emissions accounted for around 78,109,000 kg CO2e. Over recent years, Spin Master has made significant strides in reducing its carbon footprint. From 2018 to 2023, the company achieved a reduction in total emissions from about 158,972,000 kg CO2e to approximately 78,109,000 kg CO2e, reflecting a commitment to sustainability. Spin Master has set ambitious targets to further reduce its emissions. The company aims 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, Spin Master is targeting an 85% reduction in waste in owned and leased facilities by 2025, with a vision of zero waste by 2035. These targets are based on a 2019 baseline, demonstrating a clear commitment to environmental responsibility. As part of its climate strategy, Spin Master is a signatory of the Climate Pledge, reinforcing its dedication to addressing climate change and promoting sustainable practices within the toy industry.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|
| Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
| Scope 2 | 4,996,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 153,976,000 | 000,000,000 | 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.
