Public Profile

Spotify

Spotify Technology S.A., commonly known as Spotify, is a leading audio streaming platform headquartered in Stockholm, Sweden. Founded in 2006, Spotify has revolutionised the music industry by offering a vast library of over 70 million tracks, podcasts, and personalised playlists, catering to millions of users across Europe, North America, and beyond. As a pioneer in the music streaming industry, Spotify's unique algorithms provide tailored listening experiences, setting it apart from competitors. The platform has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. With its innovative approach to music discovery and user engagement, Spotify continues to solidify its position as a market leader in digital audio entertainment.

DitchCarbon Score

How does Spotify'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.

25

Industry Average

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.

0

Industry Benchmark

Spotify's score of 25 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.

90%

Spotify's reported carbon emissions

In 2023, Spotify reported total carbon emissions of approximately 280,355,000 kg CO2e. This figure includes 1,053,000 kg CO2e from Scope 1 emissions, 3,767,000 kg CO2e from Scope 2 emissions, and a significant 275,535,000 kg CO2e from Scope 3 emissions, which encompasses areas such as purchased goods and services, business travel, and employee commuting. Comparatively, in 2022, Spotify's total emissions were about 331,598,000 kg CO2e, indicating a reduction of approximately 51,243,000 kg CO2e year-on-year. The company has shown a consistent effort to lower its carbon footprint, with total emissions decreasing from 353,054,000 kg CO2e in 2021 and 309,406,000 kg CO2e in 2020. Despite these reductions, Spotify has not publicly disclosed specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges. The absence of formal commitments suggests that while the company is making progress in reducing emissions, it may not yet have established formalised targets for future reductions. Overall, Spotify's emissions data reflects a positive trend towards sustainability, with a notable decrease in total emissions over the past few years, particularly in Scope 3 categories, which are often the most challenging for companies to manage.

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Add to project
20192020202120222023
Scope 1
701,000
000,000
000,000
000,000
0,000,000
Scope 2
2,803,000
0,000,000
-
0,000,000
0,000,000
Scope 3
328,847,000
000,000,000
000,000,000
000,000,000
000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Spotify's primary industry is , which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. Spotify is headquartered in SE, which has a rank of very low, indicating very low grid carbon 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.

Spotify is committed to some 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.

SBTi
CDP
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers