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Spotify Technology S.A., commonly known as Spotify, is a leading audio streaming platform headquartered in Stockholm, Sweden. Founded in 2006, Spotify has revolutionised the music industry by offering a vast library of over 70 million tracks, podcasts, and personalised playlists, catering to millions of users across Europe, North America, and beyond.
As a pioneer in the music streaming industry, Spotify's unique algorithms provide tailored listening experiences, setting it apart from competitors. The platform has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. With its innovative approach to music discovery and user engagement, Spotify continues to solidify its position as a market leader in digital audio entertainment.
+44 vs industry average
Spotify’s score of 66 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Media Production is among the most carbon-intensive industries
The Media Production industry has reduced its overall emissions by 17% since 2018
Scope 3 accounts for ••• of total emissions.
As of 2025, Spotify's total carbon emissions amount to approximately 202.7 million kg CO2e. This figure includes Scope 1 emissions of about 1.04 million kg CO2e, Scope 2 emissions of approximately 3.2 million kg CO2e, and a significant contribution from Scope 3 emissions, which total around 198.4 million kg CO2e. The latter includes emissions from purchased goods and services, business travel, and employee commuting, among other categories.
Spotify has set ambitious climate commitments, aiming for carbon neutrality in both Scope 1 and Scope 2 emissions by 2025. Furthermore, the company is committed to achieving net-zero greenhouse gas emissions across all scopes by 2030. This commitment encompasses not only its direct operations but also its entire value chain, reflecting a comprehensive approach to reducing its environmental footprint.
The emissions data is sourced directly from Spotify Technology S.A. and is not cascaded from any parent organization. As Spotify continues to grow, it remains focused on balancing business expansion with its environmental responsibilities.
2025
Near-zero scope 1 & 2
Target to achieve near-zero emissions for direct operations and purchased energy
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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