Snap
Snap Inc., commonly known as Snap, is a leading technology company headquartered in the United States, with significant operations across North America and Europe. Founded in 2011, Snap has revolutionised the social media landscape with its flagship product, Snapchat, a multimedia messaging app that allows users to share ephemeral content. The company has achieved notable milestones, including the introduction of augmented reality features and innovative advertising solutions that set it apart in the competitive social media industry. Snap's unique offerings, such as Snap Map and Spectacles, enhance user engagement and provide brands with creative marketing opportunities. With a strong market position, Snap continues to attract millions of active users, making it a key player in the digital communication and advertising sectors.
DitchCarbon Score
How does Snap'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 Computer 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
Snap's score of 67 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Snap's reported carbon emissions
In 2023, Snap Inc. reported total carbon emissions of approximately 249,792,000 kg CO2e. This figure includes 9,822,000 kg CO2e from Scope 1 emissions, 961,000 kg CO2e from Scope 2 emissions, and a significant 239,009,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (101,339,000 kg CO2e), use of sold products (52,712,000 kg CO2e), and business travel (20,050,000 kg CO2e). Comparatively, in 2022, Snap's total emissions were about 274,217,000 kg CO2e, indicating a reduction in emissions year-on-year. The company has set ambitious targets to further reduce its carbon footprint, committing to a 25% reduction in absolute Scope 1 and 2 GHG emissions by 2025, using 2019 as the base year. Additionally, Snap aims to decrease Scope 3 emissions from purchased goods and services, business travel, and use of sold products by 35% per unit of value added by 2025. Snap Inc. has also pledged to achieve net negative emissions by 2030, meaning it plans to remove more carbon from the environment than it emits each year. This commitment aligns with its participation in the Science Based Targets initiative (SBTi), where it has established targets consistent with limiting global warming to 1.5°C. Overall, Snap Inc. is actively working towards significant emissions reductions while enhancing its sustainability practices, reflecting a strong commitment to addressing climate change.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 4,656,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 4,284,000 | 000,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 124,727,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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.
Snap 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.
