Tidal Music AS Sustainability Profile
Tidal Music AS, commonly known as Tidal, is a prominent music streaming service headquartered in Norway. Founded in 2014, Tidal has rapidly established itself as a key player in the digital music industry, particularly in Europe and North America. The platform is renowned for its high-fidelity audio quality and exclusive content, catering to audiophiles and music enthusiasts alike. Tidal offers a diverse range of services, including music streaming, curated playlists, and artist exclusives, setting it apart from competitors. With a strong focus on artist compensation, Tidal has garnered a loyal user base and notable partnerships with various artists. Its commitment to delivering superior sound quality and unique content has solidified its position in the competitive landscape of music streaming services.
DitchCarbon Score
How does Tidal Music AS'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
Tidal Music AS's score of 69 is higher than 82% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Tidal Music AS, headquartered in Norway, currently does not report specific carbon emissions data for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Block, Inc., which may influence its climate commitments and reporting practices. While Tidal Music AS has not established its own reduction targets or climate pledges, it is important to note that it inherits sustainability initiatives from its parent company, Block, Inc. This includes commitments to the Science Based Targets initiative (SBTi) and other climate-related frameworks. However, specific details regarding these targets or the extent of emissions reductions are not available. As a part of the music streaming industry, Tidal Music AS is positioned within a sector increasingly focused on sustainability and carbon neutrality. The lack of direct emissions data highlights the need for enhanced transparency and commitment to climate action within the organisation.
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| 2019 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 842,000 | 0,000,000 | 000,000 |
| Scope 2 | 4,583,000 | 00,000 | 0,000,000 |
| Scope 3 | 189,243,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Tidal Music AS's Industry?
How Carbon Intensive is Tidal Music AS's Location?
Tidal Music AS's Scope 3 Categories Breakdown
Tidal Music AS's Scope 3 emissions, which decreased by 25% last year and increased by approximately 49% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 76% of Scope 3 emissions.
Top Scope 3 Categories
Tidal Music AS'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.
Tidal Music AS 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.
