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Snap Inc., commonly referred to as Snap, is a prominent player in the computer and related services industry, with its headquarters based in the United States. Since its founding in 2011, the company has established a significant presence in North America and beyond, specialising in multimedia messaging and social media platforms.
The company's flagship products, including Snapchat, are renowned for their innovative approach to ephemeral content and augmented reality features, setting them apart in a competitive digital landscape. Snap's focus on user engagement and creative tools has helped it secure a leading position within the social media sector. With a history marked by rapid growth and technological innovation, Snap continues to influence how millions communicate and share content globally.
+26 vs industry average
Snap’s score of 64 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Computer Services has below-average carbon intensity
The Computer Services industry has reduced its overall emissions by 11% since 2018
Scope 3 accounts for ••• of total emissions.
Snap Inc., a US-based computer and related services company, reported total carbon emissions of approximately 291,070 tonnes CO2e in 2024. This includes Scope 1 emissions of 4,509 tonnes CO2e, Scope 2 market-based emissions of 8,948 tonnes CO2e, and Scope 3 emissions of 277,613 tonnes CO2e. Key contributors to Scope 3 emissions in 2024 were purchased goods and services (136,236 tonnes CO2e), use of sold products (69,475 tonnes CO2e), and capital goods (40,606 tonnes CO2e).
In 2023, Snap Inc.'s total emissions were about 249,792 tonnes CO2e, comprising 9,822 tonnes CO2e from Scope 1, 961 tonnes CO2e from Scope 2 (market-based), and 239,009 tonnes CO2e from Scope 3. The total emissions in 2022 were approximately 274,217 tonnes CO2e, with Scope 1 at 5,960 tonnes CO2e, Scope 2 (market-based) at 259 tonnes CO2e, and Scope 3 at 267,998 tonnes CO2e. In 2021, total emissions stood at around 185,190 tonnes CO2e, with 4,106 tonnes CO2e from Scope 1, 160 tonnes CO2e from Scope 2 (market-based), and 180,924 tonnes CO2e from Scope 3. For 2020, total emissions were approximately 151,320 tonnes CO2e, including 2,952 tonnes CO2e from Scope 1, 902 tonnes CO2e from Scope 2 (market-based), and 147,466 tonnes CO2e from Scope 3. In 2019, the total emissions were about 133,667 tonnes CO2e, with 4,656 tonnes CO2e from Scope 1, 4,284 tonnes CO2e from Scope 2 (market-based), and 124,727 tonnes CO2e from Scope 3.
Snap Inc. has set ambitious climate commitments, including a target to become Net Negative by 2030, aiming to remove more carbon from the environment than it emits annually. The company has a Science Based Target initiative (SBTi) commitment to reduce absolute Scope 1 and 2 GHG emissions by 25% by 2025, using a 2019 base year. Additionally, Snap Inc. aims to reduce Scope 3 GHG emissions from purchased goods and services, business travel, and use of sold products by 35% per unit of value added by 2025, also from a 2019 base year. These targets are classified as consistent with reductions required to keep warming to 1.5°C. Snap Inc. also signed The Climate Pledge in October 2021.
2025
25% reduction in Scope 1
Snap Inc. commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year. Snap Inc. also commits to reduce scope 3…
2025
25% reduction in Scope 2
Snap Inc. commits to reduce absolute scope 1 and 2 GHG emissions 25% by 2025 from a 2019 base year. Snap Inc. also commits to reduce scope 3…
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Common questions about Snap’s sustainability data and climate commitments
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