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.
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.
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.
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.
As of 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 indirect emissions from the value chain. Notably, there were no reported Scope 1 emissions. Currently, there is no available emissions data for the years 2023 and 2024, indicating that Spotify has not disclosed specific emissions figures for these years. Furthermore, there are no documented reduction targets or climate pledges from the company, suggesting a lack of formal commitments to reduce emissions at this time. Spotify AB operates as a current subsidiary of Spotify Technology S.A., which may influence its sustainability initiatives and reporting practices. However, specific data cascaded from the parent company regarding emissions or climate commitments has not been provided. In summary, while Spotify AB has reported substantial emissions in 2020, the absence of recent data and reduction targets highlights a potential area for improvement in their climate strategy.
Access structured emissions data, company-specific emission factors, and source documents
2020 | |
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Scope 1 | - |
Scope 2 | 2,600,000 |
Scope 3 | 166,300,000 |
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.
Spotify AB is not participating in any 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.