Economist
The Economist Group, commonly known as The Economist, is a leading global media organisation headquartered in London, Great Britain. Founded in 1843, it has established itself as a prominent player in the publishing industry, focusing on international news, politics, and economic analysis. The Economist is renowned for its weekly publication, which offers in-depth insights and unique perspectives on global affairs, making it a trusted source for decision-makers and thought leaders. With a strong presence in major operational regions including North America, Europe, and Asia, The Economist has consistently maintained a market position as a thought leader in economic journalism. Its core products, including The Economist magazine, digital subscriptions, and specialised reports, are distinguished by their rigorous analysis and commitment to editorial independence. Over the years, The Economist has achieved notable milestones, solidifying its reputation as an essential resource for understanding complex global issues.
DitchCarbon Score
How does Economist'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
Economist's score of 46 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Economist's reported carbon emissions
In 2023, The Economist Group reported total carbon emissions of approximately 42,240,000 kg CO2e. This figure includes 380,000 kg CO2e from Scope 1 emissions, 640,000 kg CO2e from Scope 2 emissions, and a significant 41,220,000 kg CO2e from Scope 3 emissions. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 68% by FY2030 from a FY2020 baseline. Additionally, The Economist Group plans to increase its sourcing of renewable electricity from 0% in FY2020 to 100% by FY2030. For Scope 3 emissions, the target is a 42% reduction by FY2030. In the previous year, 2022, the total emissions were approximately 46,030,000 kg CO2e, with Scope 1 emissions at 330,000 kg CO2e and Scope 2 emissions at 480,000 kg CO2e. The company also reported a commitment to reduce absolute Scope 1, 2, and 3 emissions by 25% by FY2025, with specific targets of 68% for Scope 1 and 2 and 23% for Scope 3 emissions from the same FY2020 baseline. The Economist Group's climate strategy aligns with industry standards, reflecting a commitment to significant reductions in greenhouse gas emissions while transitioning to renewable energy sources.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,800,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 50,170,000 | 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.
Economist is committed to some 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.
