WATCHA, Inc.
WATCHA, Inc., a prominent player in the South Korean entertainment industry, is headquartered in Seoul, South Korea. Founded in 2018, the company has rapidly established itself as a leading provider of streaming services, focusing on film and television content. WATCHA is renowned for its unique recommendation algorithms, which enhance user experience by personalising content suggestions based on viewing habits. With a strong presence in the South Korean market and expanding operations in other regions, WATCHA has achieved significant milestones, including partnerships with major content creators and distributors. The company's core offerings include its subscription-based streaming platform, which features a diverse library of films and series, setting it apart from competitors. WATCHA's commitment to quality content and user-centric technology has solidified its position as a key player in the global streaming landscape.
DitchCarbon Score
How does WATCHA, Inc.'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
WATCHA, Inc.'s score of 38 is higher than 63% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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WATCHA, Inc.'s reported carbon emissions
In 2023, WATCHA, Inc. reported total carbon emissions of approximately 60,238,000 kg CO2e across all scopes. This includes 358,000 kg CO2e from Scope 1, 53,426,000 kg CO2e from Scope 2, and 60,238,000 kg CO2e from Scope 3 emissions. Notably, the Scope 3 emissions breakdown reveals significant contributions from investments (38,656,000 kg CO2e), capital goods (14,766,000 kg CO2e), and fuel and energy-related activities (4,237,000 kg CO2e). Comparatively, in 2022, the company emitted about 70,517,000 kg CO2e in total, with Scope 1 emissions at 248,000 kg CO2e, Scope 2 at 67,143,000 kg CO2e, and Scope 3 at 70,517,000 kg CO2e. This indicates a reduction in total emissions from 2022 to 2023. Despite these figures, WATCHA, Inc. has not set specific reduction targets or initiatives, as indicated by the absence of documented reduction targets or commitments to frameworks such as the Science Based Targets initiative (SBTi). The company’s emissions data is not cascaded from any parent organisation, ensuring that the reported figures are solely reflective of WATCHA, Inc.'s operations. Overall, while WATCHA, Inc. has made strides in reducing its emissions, the lack of formal climate commitments or reduction targets suggests an area for potential improvement in their sustainability strategy.
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| 2021 | 2022 | 2023 | |
|---|---|---|---|
| Scope 1 | 233,000 | 000,000 | 000,000 |
| Scope 2 | 85,087,000 | 00,000,000 | 00,000,000 |
| Scope 3 | 69,393,000 | 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.
WATCHA, Inc. 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.
