The Economist
The Economist Group, renowned for its flagship publication The Economist, is a leading source of analysis and commentary on global affairs, politics, and economics. Headquartered in the United States, the company operates extensively across Europe, Asia, and the Americas, providing insights that resonate with a diverse international audience. Founded in 1843, The Economist has established itself as a trusted voice in the industry, known for its rigorous journalism and in-depth reporting. The core offerings of The Economist include its weekly magazine, digital subscriptions, and various data-driven services, all distinguished by their commitment to high-quality, independent analysis. With a strong market position, The Economist Group has garnered a loyal readership and numerous accolades, solidifying its reputation as a premier publication in the realm of economic and political discourse.
DitchCarbon Score
How does The Economist'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
The Economist's score of 33 is higher than 88% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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The Economist's reported carbon emissions
In 2023, The Economist reported total carbon emissions of approximately 42,240,000 kg CO2e globally. This figure includes 380,000 kg CO2e from Scope 1 emissions and 640,000 kg CO2e from Scope 2 emissions. Notably, the majority of their emissions, about 41,220,000 kg CO2e, fall under Scope 3, which encompasses indirect emissions from their value chain. In the UK, The Economist's emissions for 2023 were approximately 390,000 kg CO2e, with 290,000 kg CO2e from Scope 1 and 100,000 kg CO2e from Scope 2. The company has demonstrated a commitment to reducing its carbon footprint, as evidenced by its reported GHG intensity of 0.133 tonnes CO2e per £m turnover for Scope 1 and 2 emissions. Despite these figures, The Economist has not disclosed specific reduction targets or initiatives, such as those aligned with the Science Based Targets initiative (SBTi). The absence of documented reduction targets suggests a need for further commitment to climate action. Overall, The Economist's emissions data highlights the significant impact of Scope 3 emissions, indicating potential areas for improvement in their sustainability strategy.
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| 2020 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 |
| Scope 2 | 1,800,000 | 000,000 | 000,000 |
| Scope 3 | 50,170,000 | 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.
The Economist 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.
