Sphere Entertainment Co.
Sphere Entertainment Co., headquartered in the United States, is a leading player in the entertainment and media industry, specialising in live events, immersive experiences, and cutting-edge technology. Founded in 2020, the company has quickly established itself as a pioneer in creating unique entertainment solutions that captivate audiences worldwide. With a focus on innovative venues and state-of-the-art production capabilities, Sphere Entertainment Co. offers a diverse range of services, including concert promotions, theatrical productions, and corporate events. The company is renowned for its commitment to delivering unforgettable experiences, leveraging advanced technology to enhance audience engagement. Notable achievements include the successful launch of its flagship venue, which has set new standards in the industry. Sphere Entertainment Co. continues to solidify its market position as a forward-thinking leader, dedicated to redefining the future of entertainment.
DitchCarbon Score
How does Sphere Entertainment Co.'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 Communication Equipment Manufacturing 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
Sphere Entertainment Co.'s score of 41 is higher than 62% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Sphere Entertainment Co.'s reported carbon emissions
In 2023, Sphere Entertainment Co. reported total carbon emissions of approximately 906,000,000 kg CO2e. This figure includes 514,000,000 kg CO2e from Scope 1 emissions, 272,000,000 kg CO2e from Scope 2 emissions (purchased electricity), and 120,000,000 kg CO2e from Scope 3 emissions. The total emissions for 2022 were about 972,000,000 kg CO2e, indicating a reduction of approximately 66,000,000 kg CO2e year-on-year. Sphere Entertainment Co. has set ambitious climate commitments, aiming for carbon neutrality by 2027 for Scope 1 and Scope 2 emissions, with partial coverage of Scope 3 emissions. Additionally, the company targets a 50% reduction in both direct (Scope 1) and indirect (Scope 2) emissions by 2025, using 2018 as the baseline year. The emissions data is not cascaded from any parent organization, indicating that Sphere Entertainment Co. independently reports its emissions and climate initiatives. The company is actively working towards its reduction targets, reflecting a commitment to sustainability within the entertainment industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Scope 1 | 557,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 702,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | 143,000,000 | 00,000,000 | 00,000,000 | 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.
Sphere Entertainment Co. 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.
