WATCHA, Inc. Sustainability Profile
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 20 is lower than 76% 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 2020, WATCHA, Inc. reported total carbon emissions of approximately 77,130,000 kg CO2e, reflecting an increase from about 64,949,000 kg CO2e in 2019 and about 55,774,000 kg CO2e in 2018. The emissions data encompasses all scopes, although specific breakdowns for Scope 1, 2, and 3 emissions were not disclosed. Despite the significant emissions figures, WATCHA, Inc. has not established any formal reduction targets or initiatives, nor have they committed to the Science Based Targets initiative (SBTi). The absence of documented climate pledges indicates a potential area for improvement in their sustainability strategy. As a company headquartered in South Korea, WATCHA, Inc. operates within an industry context that increasingly prioritises climate action and transparency. The lack of cascaded emissions data from a parent organisation suggests that their reported figures are independently sourced. Overall, while WATCHA, Inc. has substantial emissions, the absence of reduction commitments highlights an opportunity for the company to enhance its climate strategy and align with global sustainability goals.
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WATCHA, Inc.'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.
WATCHA, Inc. 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.
