Spin Master
Spin Master Ltd., headquartered in Canada, is a leading global toy and entertainment company renowned for its innovative products and engaging experiences. Founded in 1994, Spin Master has achieved significant milestones, including the launch of iconic brands such as PAW Patrol, Hatchimals, and Air Hogs, which have captivated children and families worldwide. Operating in the toy industry, Spin Master excels in various business areas, including plush toys, games, and interactive entertainment. Their commitment to creativity and quality sets them apart, making their offerings unique in a competitive market. With a strong presence in North America, Europe, and Asia, Spin Master has solidified its position as a top player in the industry, consistently delivering award-winning products that inspire imaginative play.
DitchCarbon Score
How does Spin Master'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 Business 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.
Industry Benchmark
Spin Master's score of 59 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spin Master's reported carbon emissions
In 2024, Spin Master, headquartered in Canada, reported total carbon emissions of approximately 99,000,000 kg CO2e. This includes 18,000 kg CO2e from Scope 1 emissions, 3,566,000 kg CO2e from Scope 2 emissions, and a significant 97,714,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals that business travel accounted for about 1,981,000 kg CO2e, while purchased goods and services contributed approximately 74,724,000 kg CO2e. Comparatively, in 2023, Spin Master’s emissions were approximately 70,759,000 kg CO2e, with Scope 1 emissions at 210,000 kg CO2e, and Scope 2 emissions at 1,542,000 kg CO2e. The Scope 3 emissions for that year were about 70,759,000 kg CO2e, indicating a notable increase in emissions over the year. Spin Master has set ambitious climate commitments, aiming for a 70% reduction in Scope 1 and 2 emissions by 2030, with a target of achieving net zero for these scopes by 2050. For Scope 3 emissions, the company aims for an 85% reduction in waste in owned and leased facilities by 2025, with a goal of achieving zero waste in these facilities by 2035. These targets are absolute, using 2019 as the baseline year. The company is also a signatory of the Amazon Climate Pledge, reinforcing its commitment to sustainability and climate action. Spin Master’s initiatives reflect a proactive approach to reducing its carbon footprint and addressing climate change within the toy industry.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 2,566,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 | 00,000 |
| Scope 2 | 2,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 169,386,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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.
Spin Master is participating in some 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.
