Paramount Global
Paramount Global, formerly known as ViacomCBS, is a leading media and entertainment conglomerate headquartered in California. Founded in 2021, the company has rapidly established itself as a key player in the global entertainment industry, with significant operations across North America, Europe, and Asia. Specialising in film, television, and streaming services, Paramount Global offers a diverse portfolio that includes Paramount Pictures, CBS, and the popular streaming platform Paramount+. The company is renowned for its rich library of content, innovative storytelling, and commitment to quality, setting it apart in a competitive market. With a strong market position, Paramount Global has achieved notable milestones, including successful franchise expansions and award-winning productions, solidifying its reputation as a powerhouse in the entertainment landscape.
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.
Industry Average
Mean score of companies in the 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
Paramount Global's score of 23 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Paramount Global's reported carbon emissions
In 2023, Paramount Global reported total carbon emissions of approximately 61,371,000 kg CO2e, comprising about 4,358,000 kg CO2e from Scope 1 and about 57,381,000 kg CO2e from Scope 2 emissions. This represents a slight decrease in Scope 1 emissions compared to 2022, where they were approximately 4,831,000 kg CO2e, while Scope 2 emissions remained relatively stable, increasing from about 57,292,000 kg CO2e in 2022. Over the past few years, Paramount Global has shown fluctuations in its emissions. In 2022, the company emitted about 61,123,000 kg CO2e, with Scope 1 emissions at approximately 4,831,000 kg CO2e and Scope 2 emissions at about 57,292,000 kg CO2e. In 2021, emissions were approximately 47,773,000 kg CO2e, with Scope 1 at about 3,344,000 kg CO2e and Scope 2 at around 44,233,000 kg CO2e. The 2020 figures were higher, with total emissions of about 50,256,000 kg CO2e, including approximately 5,116,000 kg CO2e from Scope 1 and about 45,310,000 kg CO2e from Scope 2. Despite these emissions figures, there are currently no specified reduction targets or climate pledges from Paramount Global. The company has not outlined any specific initiatives aimed at reducing its carbon footprint, which places it in a challenging position within the industry as many organisations are increasingly committing to ambitious climate goals.
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Add to project| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 5,116,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 45,310,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 3 | - | - | - | - |
Industry emissions intensity
Location emissions intensity
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 not committed to any 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.
