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 72 is higher than 99% 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 figure includes 33,600 kg CO2e from Scope 1 emissions, 308,400 kg CO2e from market-based Scope 2 emissions, and a significant 4,250,300 kg CO2e from Scope 3 emissions, which encompass areas such as the use of sold products (2,818,300 kg CO2e) and business travel (465,700 kg CO2e). The company has set ambitious climate commitments, aiming to reduce its Scope 1 and Scope 2 emissions to near zero by 2025. Additionally, Modern Times has pledged to cut overall emissions across all scopes by 50% by 2032, using 2022 as the baseline year. This long-term target reflects a comprehensive approach to sustainability, addressing emissions from both direct operations and the broader value chain. In 2023, total emissions were reported at approximately 2,044,800 kg CO2e, indicating a significant reduction from previous years. The company continues to focus on enhancing its sustainability practices and reducing its carbon footprint in alignment with industry standards.
Access structured emissions data, company-specific emission factors, and source documents
2015 | 2016 | 2017 | 2018 | 2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|---|---|---|---|
Scope 1 | 6,015,000 | 0,000,000 | 0,000,000 | 0,000,000 | 00,000 | 0,000 | 0,000 | - | 00,000 |
Scope 2 | 1,279,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000 | 00,000 | 000,000 | 000,000 | 000,000 |
Scope 3 | 16,844,000 | 0,000,000 | 00,000,000 | 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.