Spotify AB Sustainability Profile
Spotify AB, commonly known as Spotify, is a leading music streaming service headquartered in Stockholm, Sweden (SE). Founded in 2006, the company has revolutionised the way people access and enjoy music, boasting a vast library of over 70 million tracks. With a strong presence in Europe, North America, and parts of Asia, Spotify operates in the digital media industry, primarily focusing on music streaming, podcasting, and audio content. The platform's unique algorithms and personalised playlists, such as Discover Weekly, set it apart from competitors, enhancing user engagement and satisfaction. Spotify has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. As a pioneer in the streaming landscape, Spotify continues to shape the future of audio entertainment, solidifying its position as a market leader.
DitchCarbon Score
How does Spotify AB'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 Computer 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
Spotify AB's score of 27 is lower than 51% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Spotify AB's reported carbon emissions
In 2020, Spotify AB reported total carbon emissions of approximately 169,000,000 kg CO2e. This figure includes 2,600,000 kg CO2e from Scope 2 emissions, which are associated with purchased electricity, and a significant 166,300,000 kg CO2e from Scope 3 emissions, which encompass the majority of the company's carbon footprint. Notably, there were no reported Scope 1 emissions. As of 2023 and 2024, Spotify has not disclosed specific emissions data, indicating a lack of transparency in their current carbon footprint reporting. The absence of emissions data for these years suggests that Spotify may be in the process of refining its reporting practices or developing new strategies for emissions reduction. Spotify AB has not set specific reduction targets or initiatives, as indicated by the lack of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). However, the company is part of a corporate family relationship with Spotify Technology S.A., which may influence its sustainability strategies and reporting practices. Overall, while Spotify AB has made strides in reporting its emissions for 2020, the lack of recent data and defined reduction targets raises questions about its ongoing climate commitments and future sustainability efforts.
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| 2020 | |
|---|---|
| Scope 1 | - |
| Scope 2 | 2,600,000 |
| Scope 3 | 166,300,000 |
How Carbon Intensive is Spotify AB's Industry?
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Spotify AB's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
Spotify AB has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
