Spotify
Spotify Technology S.A., commonly known as Spotify, is a leading audio streaming platform headquartered in Stockholm, Sweden. Founded in 2006, Spotify has revolutionised the music industry by offering a vast library of over 70 million tracks, podcasts, and personalised playlists, catering to millions of users across Europe, North America, and beyond. As a pioneer in the music streaming industry, Spotify's unique algorithms provide tailored listening experiences, setting it apart from competitors. The platform has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. With its innovative approach to music discovery and user engagement, Spotify continues to solidify its position as a market leader in digital audio entertainment.
DitchCarbon Score
How does Spotify'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 Media Production 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's score of 57 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Spotify's reported carbon emissions
As of 2023, Spotify's total carbon emissions amounted to approximately 280,355,000 kg CO2e. This figure includes emissions from all three scopes: Scope 1 emissions were about 1,053,000 kg CO2e, Scope 2 emissions totalled around 3,767,000 kg CO2e, and Scope 3 emissions were approximately 275,535,000 kg CO2e. In recent years, Spotify has demonstrated a commitment to reducing its carbon footprint. The company has set an ambitious target to achieve net-zero greenhouse gas (GHG) emissions by 2030. This commitment encompasses all scopes of emissions, including those from its operations (Scope 1 and 2) and its entire value chain (Scope 3). In 2022, Spotify reported total emissions of about 331,598,000 kg CO2e, indicating a reduction in emissions from 2021, which were approximately 353,054,000 kg CO2e. This trend reflects Spotify's ongoing efforts to mitigate its environmental impact while continuing to grow its business. Spotify's climate initiatives align with industry standards and highlight the company's dedication to sustainability and responsible environmental stewardship.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 701,000 | 000,000 | 000,000 | 000,000 | 0,000,000 |
| Scope 2 | 2,803,000 | 0,000,000 | - | 0,000,000 | 0,000,000 |
| Scope 3 | 328,847,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Spotify is not committed to any reduction initiatives 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.
