Modern Times Group MTG AB, commonly referred to as MTG, is a leading entertainment company headquartered in Stockholm, Sweden (SE). Founded in 1987, MTG has established itself as a prominent player in the media and gaming industries, with significant operations across Europe and the United States. The company focuses on digital entertainment, including online gaming and esports, and is renowned for its innovative approach to content creation and distribution. MTG's core offerings include a diverse portfolio of gaming titles and esports events, setting it apart through high-quality production and engaging user experiences. With a strong market position, MTG has achieved notable milestones, including strategic acquisitions and partnerships that enhance its competitive edge. As a pioneer in the digital entertainment landscape, Modern Times continues to shape the future of gaming and media.
How does Modern Times'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.
Mean score of companies in the Business Services 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.
Modern Times's score of 70 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2024, Modern Times reported total carbon emissions of approximately 4,592,300 kg CO2e. This includes Scope 1 emissions of about 33,600 kg CO2e, Scope 2 emissions of approximately 308,400 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 4,250,300 kg CO2e. Notably, the largest components of Scope 3 emissions were from the use of sold products (approximately 2,818,300 kg CO2e) and business travel (about 465,700 kg CO2e). In 2023, the company reported total emissions of about 2,044,800 kg CO2e, with Scope 1 emissions at zero, Scope 2 emissions of approximately 231,700 kg CO2e (market-based), and Scope 3 emissions reaching around 1,966,000 kg CO2e. The trend indicates a substantial increase in emissions from 2023 to 2024. Modern Times has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, the company has pledged to cut emissions across its entire value chain (Scope 1, 2, and 3) by 50% by 2032, using 2022 as the baseline year. This commitment reflects a long-term strategy to address climate change and aligns with industry standards for sustainability. The data presented is sourced directly from Modern Times Group MTG AB, with no cascaded emissions data from parent or related organizations.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 1,644,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 0,000 | 0,000 | - | 00,000 |
Scope 2 | 5,817,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 9,282,000 | 0,000,000 | 0,000,000 | 00,000,000 | 0,000,000 | 000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
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.
Modern Times is not participating in any 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.