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 other major regions, providing insights that shape informed decision-making. Founded in 1843, The Economist has evolved significantly, marking key milestones such as the introduction of digital subscriptions and the expansion of its multimedia offerings. Its core products include the weekly magazine, podcasts, and special reports, all distinguished by rigorous journalism and a global perspective. With a strong market position, The Economist is celebrated for its in-depth analysis and unique editorial voice, making it a trusted resource for policymakers, business leaders, and academics alike. Its commitment to quality and independence has solidified its reputation as a premier publication in the media industry.
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 44 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.
The Economist's reported carbon emissions
In 2023, The Economist reported total carbon emissions of approximately 37.3 million tonnes CO2e globally. This figure includes 360,000 tonnes from Scope 1 emissions, 570,000 tonnes from Scope 2 emissions, and a significant 36.3 million tonnes from Scope 3 emissions, which encompass a wide range of activities including purchased goods and services (about 27.9 million tonnes) and business travel (approximately 1.6 million tonnes). Comparatively, in 2022, total emissions were about 46.0 million tonnes CO2e, indicating a notable reduction of approximately 8.7 million tonnes year-on-year. The breakdown for 2022 included 330,000 tonnes from Scope 1, 480,000 tonnes from Scope 2, and 45.2 million tonnes from Scope 3. The Economist has not specified any formal reduction targets or initiatives in their climate commitments, which suggests a focus on monitoring and reporting emissions rather than setting explicit reduction goals. The organisation's emissions intensity, measured as greenhouse gas emissions per million pounds of turnover, has shown improvement, with a reported intensity of 0.133 tonnes CO2e per £m turnover in 2023, down from 0.163 in 2022. Overall, while The Economist has made strides in reducing its carbon footprint, the absence of defined reduction targets indicates potential areas for future commitment and action in addressing climate change.
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Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2020 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Scope 1 | 220,000 | 000,000 | 000,000 | 000,000 |
| Scope 2 | 1,710,000 | 000,000 | 000,000 | 000,000 |
| Scope 3 | 49,840,000 | 00,000,000 | 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 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.
