Spin Master

Spin Master, headquartered in Canada within the other business services industry, reported total carbon emissions of approximately 101.3 million kg CO2e in 2024. This included about 18,000 kg CO2e from Scope 1 emissions, 3.57 million kg CO2e from Scope 2 emissions (location-based), and 97.71 million kg CO2e from Scope 3 emissions. Key contributors to Scope 3 were purchased goods and services (approximately 74.72 million kg CO2e) and upstream transportation and distribution (around 19.72 million kg CO2e).

Looking back, Spin Master's total emissions in 2023 were approximately 72.5 million kg CO2e, comprising around 210,000 kg CO2e from Scope 1, 1.54 million kg CO2e from Scope 2, and 70.76 million kg CO2e from Scope 3. In 2022, the total emissions were about 62.08 million kg CO2e, with approximately 613,000 kg CO2e from Scope 1, 1.22 million kg CO2e from Scope 2, and 60.24 million kg CO2e from Scope 3.

Spin Master has committed to ambitious climate targets, using 2019 as a baseline year. The company aims for a 70% reduction in Scope 1 and Scope 2 emissions by 2030 and intends to achieve Net Zero for Scope 1 and Scope 2 emissions by 2050. For Scope 3 emissions, Spin Master is targeting an 85% reduction in waste from owned and leased facilities by 2025, with a further goal of achieving zero waste in these facilities by 2035.