Netflix

Netflix's reported carbon emissions

Netflix, headquartered in the US and operating within the printed matter and recorded media industry (22), has reported significant carbon emissions and established ambitious climate commitments. In 2024, Netflix's total reported emissions were approximately 1.037 billion kg CO2e. This figure is comprised of Scope 1 emissions totalling about 50.49 million kg CO2e, Scope 2 emissions (location-based) at approximately 40.68 million kg CO2e, and substantial Scope 3 emissions reaching about 2.024 billion kg CO2e. The largest contributors to its Scope 3 emissions in 2024 included purchased goods and services, accounting for roughly 689.04 million kg CO2e, and business travel at approximately 136.26 million kg CO2e. For 2023, Netflix reported total emissions of approximately 843.11 million kg CO2e. Scope 1 emissions were about 25.79 million kg CO2e, Scope 2 (location-based) approximately 30.30 million kg CO2e, and Scope 3 emissions were around 1.658 billion kg CO2e, with purchased goods and services making up about 618.54 million kg CO2e. Netflix is committed to substantial emissions reductions. The company has set a target to reduce absolute emissions by 46% by 2030, using a 2019 baseline. This target applies to Scope 1 and Scope 2 emissions. Furthermore, Netflix aims for a 55% intensity reduction in Scope 3 emissions, measured per million USD of value added, also against a 2019 baseline by 2030. In alignment with global net-zero goals, Netflix is also committed to matching its remaining emissions from 2022 onwards through investments in verified natural climate solutions and super pollutant destruction, with a long-term goal of achieving net-zero by 2050. The company's Scope 1 and 2 targets are recognised as being consistent with the reductions required to keep warming to 1.5°C.