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.
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.
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.
Paramount Global's score of 47 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 2023, Paramount Global reported total carbon emissions of approximately 2,138,200,000 kg CO2e. This figure includes 45,969,000 kg CO2e from Scope 1 emissions, 95,636,000 kg CO2e from Scope 2 emissions (market-based), and a significant 1,996,595,000 kg CO2e from Scope 3 emissions. The company has committed to achieving net-zero emissions across all scopes by 2050, with interim targets set for 2023. Over the years, Paramount Global has seen fluctuations in its emissions, with a notable increase in total emissions from 73,910,000 kg CO2e in 2014 to the current figure. The company is actively working towards reducing its carbon footprint and has been recognised for its commitment to science-based targets, aligning with industry standards for climate action. Paramount Global's emissions strategy reflects a comprehensive approach to sustainability, addressing both direct and indirect emissions while aiming for significant reductions in the coming decades.
Access structured emissions data, company-specific emission factors, and source documents
2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Scope 1 | 8,297,000 | 0,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0.00 | 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 |
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 committed to some reduction initiatives 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.