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.
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.
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.
Snap's score of 48 is higher than 75% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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 a significant 239,009,000 kg CO2e from Scope 3. This represents a notable increase from previous years, where total emissions were 274,217,000 kg CO2e in 2022, 185,190,000 kg CO2e in 2021, and 151,320,000 kg CO2e in 2020. Snap has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 emissions by 25% by 2025, using 2019 as the baseline year. Additionally, the company 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. These targets align with the Science Based Targets initiative (SBTi) and are designed to contribute to limiting global warming to 1.5°C. Overall, Snap's climate strategy reflects a commitment to significant emissions reductions while addressing the broader impacts of its operations on the environment.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2019 | 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 |
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.