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 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Modern Times reported total carbon emissions of approximately 2,197,800 kg CO2e. This figure includes 231,700 kg CO2e from Scope 2 emissions, while Scope 1 emissions were negligible at 0 kg CO2e. The majority of their emissions, about 1,966,100 kg CO2e, stemmed from Scope 3, which encompasses various categories such as business travel (752,900 kg CO2e) and purchased goods and services (492,200 kg CO2e). Comparatively, in 2022, the company emitted around 2,207,100 kg CO2e, indicating a slight reduction in emissions year-on-year. However, there are no specific reduction targets or initiatives disclosed by Modern Times, nor do they appear to have committed to any science-based targets (SBTi) for emissions reduction. Overall, while Modern Times has made some progress in reducing their carbon footprint, the absence of formal reduction commitments suggests a need for more robust climate action strategies moving forward.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,015,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 0,000 | 0,000 | - |
Scope 2 | 1,279,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 000,000 |
Scope 3 | 16,844,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 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 committed to any 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.