Snap Inc., commonly known as Snapchat, is a leading multimedia messaging app headquartered in Switzerland (CH). Founded in 2011, the company has revolutionised the way users communicate through ephemeral content, primarily targeting younger demographics. With a strong presence in North America and Europe, Snap Inc. has established itself in the social media industry, focusing on augmented reality (AR) and innovative advertising solutions. The core product, Snapchat, offers unique features such as Stories, Discover, and AR filters, setting it apart from competitors. Notable achievements include its initial public offering in 2017 and the introduction of Snap Map, enhancing user engagement. As a pioneer in ephemeral messaging, Snap Inc. continues to maintain a significant market position, driving trends in digital communication and advertising.
How does SNAPCHAT'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 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.
SNAPCHAT's score of 6 is lower than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
As of the latest available data, SNAPCHAT has not disclosed specific carbon emissions figures, including Scope 1, 2, or 3 emissions, nor have they set formal reduction targets or commitments. This lack of detailed emissions data suggests that the company may still be in the early stages of developing a comprehensive climate strategy. In the context of the industry, many tech companies are increasingly prioritising sustainability and transparency regarding their carbon footprints. While SNAPCHAT has not yet made significant public commitments or outlined specific initiatives to reduce emissions, it is essential for them to align with industry standards and expectations to enhance their environmental responsibility. Overall, without concrete emissions data or reduction targets, it remains unclear how SNAPCHAT plans to address its climate impact moving forward.
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.
SNAPCHAT is not participating in any 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.