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.
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.
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.
Spin Master's score of 47 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Spin Master reported total carbon emissions of approximately 78,109,000 kg CO2e, with Scope 1 emissions at about 246,000 kg CO2e, Scope 2 emissions at approximately 1,339,000 kg CO2e, and Scope 3 emissions reaching around 78,109,000 kg CO2e. This reflects a significant reduction from previous years, particularly from 2019, when total emissions were about 173,952,000 kg CO2e. 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. Additionally, the company is focused on reducing Scope 3 emissions, specifically targeting an 85% reduction in waste generated in owned and leased facilities by 2025, and achieving zero waste in these facilities by 2035. These targets are based on a 2019 baseline and are classified as absolute reductions. Overall, Spin Master is actively working towards enhancing its sustainability practices and reducing its carbon footprint, aligning with industry standards for climate action.
Access structured emissions data, company-specific emission factors, and source documents
2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|
Scope 1 | - | 0,000,000 | 0,000,000 | 0,000,000 | 000,000 | 000,000 |
Scope 2 | 4,996,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
Scope 3 | 153,976,000 | 000,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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 not committed to any reduction initiatives 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.