Storytel
Storytel AB, commonly known as Storytel, is a leading audiobook and e-book streaming service headquartered in Sweden (SE). Founded in 2005, the company has rapidly expanded its operations across several key markets, including the Nordic countries, the Netherlands, and Spain. Specialising in digital storytelling, Storytel offers a vast library of audiobooks and e-books, featuring both local and international titles. Its unique subscription model allows users unlimited access to a diverse range of content, setting it apart in the competitive digital publishing industry. With a strong market position, Storytel has achieved significant milestones, including partnerships with major publishers and a growing user base, making it a prominent player in the global audiobook landscape.
DitchCarbon Score
How does Storytel'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 Other 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
Storytel's score of 39 is higher than 89% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Storytel's reported carbon emissions
In 2022, Storytel reported total carbon emissions of approximately 10,064,000 kg CO2e, with emissions distributed across Scope 1 (78,000 kg CO2e), Scope 2 (148,000 kg CO2e), and a significant portion from Scope 3 (about 9,838,000 kg CO2e). This marked a reduction from 2021, when total emissions were around 17,172,000 kg CO2e. As part of its climate commitments, Storytel has pledged to achieve net-zero emissions by 2050, encompassing all scopes of emissions. The company is actively working towards this long-term target, having initiated its commitment in 2023. Storytel is also a member of the Science Based Targets initiative (SBTi), which underscores its dedication to aligning its emissions reduction strategies with climate science. For 2023, specific emissions data has not been disclosed, but the company continues to focus on reducing its carbon footprint through various initiatives. Notably, the emissions associated with one hour of listening to an audiobook on Storytel is approximately 0.0023 kg CO2e, while a printed book emits about 0.344 kg CO2e on average. Overall, Storytel's commitment to sustainability and its proactive approach to reducing carbon emissions reflect its responsibility towards combating climate change.
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| 2021 | 2022 | |
|---|---|---|
| Scope 1 | 71,000 | 00,000 |
| Scope 2 | 192,000 | 000,000 |
| Scope 3 | 16,909,000 | 0,000,000 |
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.
Storytel is participating in some 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.
