Netflix
Netflix, Inc., commonly known as Netflix, is a leading streaming service headquartered in the United States. Founded in 1997, the company has revolutionised the entertainment industry by offering a vast library of films, television series, and original content across major operational regions, including North America, Europe, and Asia. With its pioneering subscription-based model, Netflix has set itself apart through exclusive original programming, such as award-winning series and films that cater to diverse audiences. The platform's commitment to innovation and user experience has solidified its position as a market leader, boasting over 230 million subscribers worldwide. Notable milestones include the launch of Netflix Originals in 2013, which has since transformed the landscape of content consumption.
DitchCarbon Score
How does Netflix'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
Netflix's score of 54 is higher than 76% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Netflix's reported carbon emissions
In 2023, Netflix reported total carbon emissions of approximately 843,107,000 kg CO2e. This figure includes 25,790,000 kg CO2e from Scope 1 emissions, 30,303,000 kg CO2e from Scope 2 emissions (location-based), and a significant 1,658,095,000 kg CO2e from Scope 3 emissions. Comparatively, in 2022, Netflix's total emissions were about 1,146,221,000 kg CO2e, with Scope 1 at 59,388,000 kg CO2e, Scope 2 at 41,411,000 kg CO2e, and Scope 3 at 2,197,822,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Netflix has set ambitious climate commitments, aiming for a 46% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. Additionally, they plan to reduce Scope 3 emissions by 55% per million USD of value added within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support global net zero goals. Furthermore, Netflix has committed to matching their remaining emissions from 2022 onwards through investments in verified natural climate solutions and super pollutant destruction, with a long-term goal set for 2050. Overall, Netflix's climate strategy reflects a proactive approach to reducing their carbon footprint while contributing to broader environmental sustainability efforts.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 51,487,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 565,000 | 000,000 | - | - | - |
| Scope 3 | 2,427,595,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
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.
Netflix 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.
