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 48 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Snap's reported carbon emissions
In 2023, Snap Inc. reported total greenhouse gas emissions of approximately 239,009,000 kg CO2e, with emissions distributed across various scopes: 9,822,000 kg CO2e from Scope 1, 961,000 kg CO2e from Scope 2, and 239,009,000 kg CO2e from Scope 3. The company has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 25% by 2025, using 2019 as the base year. Additionally, Snap Inc. targets a 35% reduction in Scope 3 emissions related to purchased goods and services, business travel, and the use of sold products per unit of value added by 2025. In previous years, Snap's emissions were as follows: in 2022, total emissions were about 274,217,000 kg CO2e; in 2021, they reached approximately 185,190,000 kg CO2e; and in 2020, emissions were around 151,320,000 kg CO2e. The company has consistently reported emissions across all three scopes, demonstrating transparency in its environmental impact. Snap Inc. is a signatory of the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action. The company's targets align with the Science Based Targets initiative (SBTi), which supports efforts to limit global warming to 1.5°C.
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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 committed to some 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.
