Public Profile

Readly

Readly AB, commonly known as Readly, is a leading digital magazine subscription service headquartered in Sweden (SE). Founded in 2013, the company has rapidly established itself in the digital publishing industry, offering users access to thousands of magazines and newspapers across various genres. With a strong presence in Europe and expanding operations in other regions, Readly caters to a diverse audience seeking convenient and affordable reading options. The platform's unique selling point lies in its all-you-can-read model, allowing subscribers unlimited access to a vast library of content for a single monthly fee. This innovative approach has positioned Readly as a frontrunner in the digital subscription market, earning accolades for its user-friendly interface and extensive catalogue. As the demand for digital media continues to grow, Readly remains committed to enhancing its offerings and maintaining its competitive edge in the evolving landscape of digital publishing.

DitchCarbon Score

How does Readly'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.

33

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

Readly's score of 33 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Readly's reported carbon emissions

In 2023, Readly reported total carbon emissions of approximately 42,000 kg CO2e. This figure includes about 9,400 kg CO2e from Scope 2 emissions and approximately 32,600 kg CO2e from Scope 3 emissions, primarily attributed to business travel. Comparatively, in 2022, Readly's emissions were about 32,400 kg CO2e from Scope 3 and 19,900 kg CO2e from Scope 2, indicating a significant increase in total emissions year-on-year. The company has not disclosed any Scope 1 emissions data. Despite the increase in emissions, Readly has not set specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction strategies suggests a need for further development in their sustainability efforts. Overall, Readly's emissions profile highlights the importance of addressing Scope 3 emissions, particularly from business travel, as part of their climate strategy moving forward.

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202120222023
Scope 1
-
-
-
Scope 2
-
00,000
0,000
Scope 3
6,400
00,000
00,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Readly'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 Readly is in SE, which has a very 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.

Readly is not participating in any 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