Paramount Pictures Corporation Sustainability Profile
Paramount Pictures Corporation, often referred to simply as Paramount, is a leading American film and television production company headquartered in the United States. Established in 1912, Paramount has a rich history marked by iconic films and significant contributions to the entertainment industry. The company operates primarily in Hollywood, California, and has a global presence, with major operational regions across North America and international markets. As a key player in the film industry, Paramount is renowned for its diverse portfolio of films, television shows, and streaming content. Its unique offerings include blockbuster franchises and critically acclaimed productions that resonate with audiences worldwide. Paramount's commitment to storytelling and innovation has solidified its position as a market leader, with notable achievements including numerous Academy Awards and a legacy of beloved cinematic classics.
DitchCarbon Score
How does Paramount Pictures Corporation'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 Recreation and Sports Services 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 Pictures Corporation'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.
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As of the latest available data, Paramount Pictures Corporation does not report specific carbon emissions figures. The company is a current subsidiary of Paramount Global, which may influence its climate commitments and emissions data. Paramount Pictures has not outlined specific reduction targets or initiatives in its own reporting. However, it is important to note that any climate commitments or emissions data may be cascaded from its parent company, Paramount Global. This includes potential targets set under the Science Based Targets initiative (SBTi) and disclosures made to the Carbon Disclosure Project (CDP), both of which are sourced from Paramount Global at a cascade level of 1. In the context of the film and entertainment industry, Paramount Pictures is expected to align with broader corporate sustainability trends, focusing on reducing carbon footprints and enhancing environmental stewardship. However, without specific emissions data or reduction targets, the company's current climate impact remains unclear.
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| 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 | 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 |
How Carbon Intensive is Paramount Pictures Corporation's Industry?
How Carbon Intensive is Paramount Pictures Corporation's Location?
Paramount Pictures Corporation's Scope 3 Categories Breakdown
Paramount Pictures Corporation's Scope 3 emissions, which decreased by 15% last year and increased significantly since 2014, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 75% of Scope 3 emissions.
Top Scope 3 Categories
Paramount Pictures Corporation's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Paramount Pictures Corporation has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
