Paramount Global

Paramount Global, headquartered in the US and operating within the printed matter and recorded media industry, reported a total of approximately 2.14 billion kg CO2e in emissions for 2023. This figure encompasses Scope 1, 2, and 3 emissions.

In 2023, Scope 1 emissions were approximately 45.97 million kg CO2e, while Scope 2 emissions (market-based) totalled around 95.64 million kg CO2e. The majority of Paramount Global's emissions in 2023 stemmed from Scope 3, amounting to approximately 2.00 billion kg CO2e. Key contributors to Scope 3 emissions included purchased goods and services (about 1.49 billion kg CO2e), capital goods (approximately 224.18 million kg CO2e), and business travel (about 134.09 million kg CO2e).

Looking at previous years, Paramount Global reported approximately 2.70 billion kg CO2e in 2022 and 2.04 billion kg CO2e in 2021.

Paramount Global has set ambitious climate targets. The company has pledged to reduce its Scope 1 and 2 GHG emissions by an additional 50% by 2028, compared to a 2019 baseline year, as part of the Department of Energy's Better Climate Challenge. More recently, in March 2026, Paramount Global committed to reduce absolute Scope 1 and 2 GHG emissions by 50.1% by 2030 from a 2019 base year. They also committed that 67% of their suppliers by emissions, covering purchased goods and services, capital goods, and business travel, will have science-based targets by 2028. Paramount Global is also listed as a participant in the Science Based Targets initiative (SBTi) with a commitment to near-term reductions aligned with a 1.5°C trajectory.