Modern Times

Modern Times, an "Other business services (74)" company headquartered in Sweden ("SE"), reported total carbon emissions of approximately 4.59 million kg CO2e in 2024. This includes about 33,600 kg CO2e from Scope 1, approximately 308,400 kg CO2e from Scope 2 (market-based), and roughly 4.25 million kg CO2e from Scope 3 emissions.

For comparison, in 2023, Modern Times's total emissions were approximately 2.04 million kg CO2e, comprising zero kg CO2e from Scope 1, about 231,700 kg CO2e from Scope 2 (market-based), and roughly 1.97 million kg CO2e from Scope 3. In 2022, total emissions stood at approximately 2.21 million kg CO2e, with about 1,300 kg CO2e from Scope 1, approximately 312,200 kg CO2e from Scope 2 (market-based), and roughly 1.89 million kg CO2e from Scope 3.

Modern Times has set several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade (between 2023 and 2025). Furthermore, they have a near-term absolute target to reduce Scope 1 emissions by 30% by 2025, from a 2020 baseline, and a similar target to reduce Scope 2 emissions by 30% by 2025, also from a 2020 baseline. A long-term absolute target is in place to reduce emissions across the entire value chain (Scope 1, 2, and 3) by 50% by 2032, using 2022 as the base year. All emissions data and reduction targets are directly reported by Modern Times Group MTG AB.