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Netflix, Inc., a leading name in the printed matter and recorded media industry, is headquartered in the United States. Founded in 1997, Netflix revolutionised the way audiences consume entertainment, transitioning from a DVD rental service to a global streaming powerhouse. With a presence in over 190 countries, it offers a vast library of films, television series, and original content that sets it apart from competitors.
The company's unique subscription model allows users to access a diverse range of genres and formats, catering to varied tastes and preferences. Notable achievements include multiple Emmy Awards for its original programming, solidifying its position as a frontrunner in the entertainment landscape. As a pioneer in the streaming sector, Netflix continues to shape the future of media consumption.
+10 vs industry average
Netflix’s score of 31 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Media Production is among the most carbon-intensive industries
The Media Production industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
Netflix, a US-headquartered company in the Printed Matter and Recorded Media industry, reported total carbon emissions of approximately 1.037 billion kg CO2e in 2024. This figure includes about 50.49 million kg CO2e from Scope 1, 40.68 million kg CO2e from Scope 2, and 986.74 million kg CO2e from Scope 3.
In 2023, Netflix's total emissions were approximately 843.11 million kg CO2e, comprising around 25.79 million kg CO2e (Scope 1), 30.30 million kg CO2e (Scope 2), and 817.32 million kg CO2e (Scope 3). The company's total emissions in 2022 were approximately 1.146 billion kg CO2e, with Scope 1 at about 59.39 million kg CO2e, Scope 2 at approximately 41.41 million kg CO2e, and Scope 3 at around 1.087 billion kg CO2e.
Netflix has committed to several climate targets, validated by the Science Based Targets initiative (SBTi). The company aims to reduce absolute Scope 1 and 2 GHG emissions by 46.2% by 2030, using 2019 as the baseline year. Additionally, Netflix commits to reducing Scope 3 GHG emissions by 55% per million USD of value added within the same timeframe. The company is also working towards global net-zero goals by matching remaining emissions from 2022 onwards through investments in natural climate solutions and super-pollutant destruction.
2030
46.2% reduction in Scope 1
Netflix commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year.
2030
55% reduction in scope 3 total
Netflix also commits to reduce scope 3 GHG emissions 55% per million USD of value added within the same timeframe.
2030
46.2% reduction in Scope 2
Netflix commits to reduce absolute scope 1 and 2 GHG emissions 46.2% by 2030 from a 2019 base year.
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Common questions about Netflix’s sustainability data and climate commitments
Data year: 2024
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