Modern Times

Modern Times's reported carbon emissions

Modern Times, headquartered in SE and operating in the 'Other business services (74)' industry, has reported significant carbon emissions across its operations. For the year 2024, the company's total calculated emissions were approximately 4.6 million kg CO2e. This figure includes Scope 1 emissions of about 33,600 kg CO2e, Scope 2 emissions (market-based) of approximately 308,400 kg CO2e, and Scope 3 emissions totalling around 4.3 million kg CO2e. Scope 3 emissions were particularly driven by the use of sold products (approximately 2.8 million kg CO2e) and business travel (around 465,700 kg CO2e). In 2023, Modern Times reported total emissions of approximately 2.0 million kg CO2e, with Scope 1 emissions at 0 kg CO2e, Scope 2 emissions (market-based) at about 231,700 kg CO2e, and Scope 3 emissions at approximately 2.0 million kg CO2e. Business travel was a significant contributor to Scope 3 in this year, accounting for around 752,900 kg CO2e. Looking further back, in 2022, total emissions were around 2.2 million kg CO2e, comprising Scope 1 emissions of about 1,300 kg CO2e, Scope 2 (market-based) of 312,200 kg CO2e, and Scope 3 of roughly 1.9 million kg CO2e. Modern Times has established several climate commitments. The company aims to reduce its Scope 1 and Scope 2 emissions to near zero by the middle of this decade, with targets set for the period between 2023 and 2025. Additionally, a long-term 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. There is also a commitment to reduce Scope 1 and Scope 2 emissions by 30% by 2025, from a 2020 baseline. The emissions data is not cascaded from a parent organisation.