Modern Times Sustainability Profile
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.
DitchCarbon Score
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.
Industry Average
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.
Industry Benchmark
Modern Times's score of 70 is higher than 83% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Modern Times's reported carbon emissions
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. 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. These targets reflect a strong commitment to sustainability and align with industry standards for climate action. The emissions data is sourced from Modern Times Group MTG AB, with no cascaded data from parent organizations.
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| 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 |
How Carbon Intensive is Modern Times's Industry?
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Modern Times's Scope 3 Categories Breakdown
Modern Times's Scope 3 emissions, which increased by 116% last year and decreased by approximately 54% since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 66% of Scope 3 emissions.
Top Scope 3 Categories
Modern Times's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Modern Times has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
