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Public Profile
Computer Services
SE
updated 6 months ago

Spotify AB

Company website

Spotify AB, commonly known as Spotify, is a leading music streaming service headquartered in Stockholm, Sweden (SE). Founded in 2006, the company has revolutionised the way people access and enjoy music, boasting a vast library of over 70 million tracks. With a strong presence in Europe, North America, and parts of Asia, Spotify operates in the digital media industry, primarily focusing on music streaming, podcasting, and audio content. The platform's unique algorithms and personalised playlists, such as Discover Weekly, set it apart from competitors, enhancing user engagement and satisfaction. Spotify has achieved significant milestones, including going public in 2018 and reaching over 500 million active users by 2023. As a pioneer in the streaming landscape, Spotify continues to shape the future of audio entertainment, solidifying its position as a market leader.

DitchCarbon Score

How does Spotify AB'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.

30

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.

26

Industry Benchmark

Spotify AB's score of 30 is higher than 59% of the industry. This can give you a sense of how well the company is doing compared to its peers.

59%

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Spotify AB's reported carbon emissions

In 2020, Spotify AB reported total carbon emissions of approximately 169,000,000 kg CO2e. This figure includes Scope 1 emissions of 0 kg CO2e, Scope 2 emissions of about 2,600,000 kg CO2e (market-based), and significant Scope 3 emissions of approximately 166,300,000 kg CO2e. The total emissions from Scope 1 and 2 combined were around 2,600,000 kg CO2e. As of 2023, Spotify has not disclosed any new emissions data, indicating a lack of updated figures for that year. The company has not set specific reduction targets or initiatives, as evidenced by the absence of documented reduction targets or commitments to the Science Based Targets initiative (SBTi). Spotify AB is a current subsidiary of Spotify Technology S.A., which may influence its climate strategies and reporting. However, no specific cascading data from the parent company regarding emissions or climate commitments has been provided. Overall, while Spotify has made strides in emissions reporting, the lack of recent data and defined reduction targets suggests an area for potential improvement in their climate commitments.

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2020
Scope 1
-
Scope 2
2,600,000
Scope 3
166,300,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Spotify AB's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Spotify AB is in SE, which has a very low grid carbon intensity relative to other regions.

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.

Spotify AB 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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