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 55 is higher than 97% 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, with Scope 1 emissions at about 9,822,000 kg CO2e, Scope 2 emissions at approximately 10,526,460 kg CO2e (location-based), and Scope 3 emissions reaching about 239,009,000 kg CO2e. Over the years, Snap has demonstrated a commitment to reducing its carbon footprint, with significant targets set for 2025. The company aims to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 25% from a 2019 baseline. Additionally, Snap is targeting a 35% reduction in Scope 3 emissions per unit of value added, focusing on purchased goods and services, business travel, and the use of sold products. From 2019 to 2022, Snap achieved a 29% reduction in Scope 3 emissions from its 2019 base year. The company is actively participating in the Science Based Targets initiative (SBTi), aligning its goals with the necessary reductions to limit global warming to 1.5°C. Snap has also signed the Amazon Climate Pledge, further solidifying its commitment to sustainability and climate action.
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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.
