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 41 is higher than 81% 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 0 kg CO2e from Scope 1 emissions, 231,700 kg CO2e from Scope 2 emissions, and about 1,966,100 kg CO2e from Scope 3 emissions. The Scope 3 emissions primarily stem from business travel, employee commuting, and upstream leased assets. Over the years, Modern Times has demonstrated a significant reduction in emissions. For instance, total emissions decreased from approximately 23,500,000 kg CO2e in 2017 to about 2,197,800 kg CO2e in 2023. This represents a substantial reduction, showcasing the company's commitment to lowering its carbon footprint. Despite these achievements, there are currently no specific reduction targets or climate pledges documented for Modern Times. The absence of formal commitments may indicate a need for further strategic planning in their climate initiatives. Overall, Modern Times is making progress in reducing its emissions, particularly in Scope 3, but further commitments could enhance its sustainability efforts.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2015 | 2016 | 2017 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|
Scope 1 | 6,015,000 | 0,000,000 | 0,000,000 | 00,000 | 00,000 | 0,000 | 0,000 | - |
Scope 2 | 1,279,000 | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 00,000 | 000,000 | 000,000 |
Scope 3 | 16,844,000 | 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.