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 72 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Economist's reported carbon emissions
In 2023, The Economist Group reported no specific emissions data for the year, but their commitments to reducing carbon emissions are significant. The organisation has set ambitious targets to reduce absolute Scope 1 and 2 emissions by 68% by FY2030, using FY2020 as the base year. Additionally, they aim to increase their annual sourcing of renewable electricity from 0% in FY2020 to 100% by FY2030. For Scope 3 emissions, The Economist Group has committed to a 42% reduction by FY2030 from the same base year. They also have a near-term target to reduce total Scope 1, 2, and 3 emissions by 25% by FY2025, with specific reductions of 68% for Scope 1 and 2 emissions and 23% for Scope 3 emissions within that timeframe. In previous years, their emissions data included: - In 2021, Scope 1 emissions were approximately 91,920 kg CO2e and Scope 2 emissions were about 104,600 kg CO2e. - In 2022, Scope 1 emissions increased to about 260,770 kg CO2e, while Scope 2 emissions decreased to approximately 72,410 kg CO2e. These commitments align with industry standards for climate action, reflecting The Economist Group's dedication to sustainability and reducing their carbon footprint.
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| 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,710,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 49,840,000 | 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.
Economist 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.
