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Public Profile
Media Production
US
updated 4 days ago

Paramount Global

Company website

Paramount Global, formerly known as ViacomCBS, is a leading media and entertainment conglomerate headquartered in the United States. Founded in 1912, the company has evolved significantly, marking key milestones such as the merger of CBS Corporation and Viacom in 2019. Paramount Global operates across various regions, with a strong presence in North America, Europe, and Asia. The company excels in film and television production, streaming services, and content distribution, with notable brands including Paramount Pictures, CBS, and Nickelodeon. Its unique offerings, such as the Paramount+ streaming platform, cater to diverse audiences, providing a rich library of original content and beloved classics. With a robust market position, Paramount Global continues to achieve significant milestones, solidifying its status as a powerhouse in the global entertainment industry.

DitchCarbon Score

How does Paramount Global'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.

62

Industry Average

Mean score of companies in the Media Production 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.

25

Industry Benchmark

Paramount Global's score of 62 is higher than 80% of the industry. This can give you a sense of how well the company is doing compared to its peers.

80%

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Paramount Global's reported carbon emissions

In 2023, Paramount Global reported total carbon emissions of approximately 2,138,200,000 kg CO2e. This figure includes Scope 1 emissions of about 45,969,000 kg CO2e, Scope 2 emissions of approximately 95,636,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,996,595,000 kg CO2e. The Scope 3 emissions breakdown reveals major sources such as purchased goods and services (approximately 1,491,640,000 kg CO2e) and business travel (about 134,091,000 kg CO2e). Paramount Global has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 greenhouse gas emissions by 50% by 2028. This target is part of the Department of Energy's Better Climate Challenge and reflects the company's ongoing efforts to enhance its environmental performance. The company has already achieved significant reductions over the past 15 years. Additionally, Paramount Global is committed to reaching net-zero emissions across all scopes by 2050, as indicated by its Science Based Targets initiative (SBTi) commitments. This long-term goal underscores the company's dedication to addressing climate change and reducing its overall carbon footprint. Overall, Paramount Global's emissions data and climate commitments illustrate a proactive approach to sustainability within the media sector, with a clear focus on reducing greenhouse gas emissions and contributing to global climate goals.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

2014201520162017201820192020202120222023
Scope 1
8,297,000
0,000,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
000,000,000
00,000,000
Scope 2
37,114,000
00,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
00,000,000
Scope 3
28,499,000
00,000,000
00,000,000
00,000,000
00,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Paramount Global's primary industry is Printed matter and recorded media (22), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Paramount Global is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

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.

Paramount Global is participating in some 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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