📣 Introducing Tracenable Pro: Unlock Unlimited Data Exports & Disclosures Access.

Believe SA

Common Name
Believe
Country
France
Sector
Communication Services
Industry
Entertainment
Employees
1,951
Ticker
8T6
Exchange
BOERSE BERLIN
Description
Believe S.A. is a global digital music company that specializes in music distribution and artist services. As a key player in the digital music industry, Believe provides platforms and tools for artis...
GHG Emissions Climate Targets EU Taxonomy Energy Waste Management

Believe's GHG Emissions Data Preview

In 2024, Believe completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).

Believe has also provided a category-level breakdown for 4 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 2
Market-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Unspecified Calculation Method
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 3
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
Copy restricted. Please purchase to unlock this data.
a
Copy restricted. Please purchase to unlock this data.
b
Copy restricted. Please purchase to unlock this data.
0000000
Download Data
Access this data via API
$curl "https://tracenable.com/api/v1/ghg-emissions/absolute?ticker=8T6&reporting_period=2024"

Verified Sources Behind Believe’s Greenhouse Gas (GHG) Emissions Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Believe’s data sources below and access millions more through our Disclosure Search.

a. Believe's Universal Registration Document (URD) 2024
a. Believe's Universal Registration Document (URD) 2024
b. Believe's Universal Registration Document (URD) 2023
b. Believe's Universal Registration Document (URD) 2023

Insights into Believe's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofBelieve amounted to1,257.6metric tons of CO2 equivalent.This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Believedecreased by 17.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab

Believe's Scope 1 Emissions Over Time

202220232024080160240320tCO2e-58%+48%
  • Total Scope 1
  • Year-over-Year Change

What are Believe's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Believe were 188.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Believe reduced its Scope 1 emissions over time?

Since 2022, Believe's Scope 1 emissions have decreased by 38.41%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

Compared to the previous year(2023), Believe's Scope 1 emissions increased by 47.81%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab

What are Believe's Scope 2 emissions?

In 2024, Believe reported Scope 2 greenhouse gas (GHG) emissions of 690.4 tCOâ‚‚e using the market-based method and 1,069 tCOâ‚‚e using the location-based method.a

What methodology does Believe use for Scope 2 reporting?

In 2024, Believe reported its Scope 2 emissions using the market-based method and using the location-based method.a

Believe's Scope 2 Emissions Over Time

20222023202403507001.05 k1.4 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Believe's Value Chain Emissions

In 2024, Believe reported 23,027 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a

The 2024 disclosure of Believe includes a breakdown across 4of the 15 Scope 3 categories defined by the GHG Protocol,matching the level of disclosure in 2023, demonstrating consistent Scope 3 emissions reporting coverage year over year.a

Believe's Scope 3 Emissions Over Time

202220232024020 k40 k60 k80 ktCO2e+26483%-63%
  • Total Scope 3
  • Year-over-Year Change

What are Believe's Scope 3 emissions?

In 2024, Believe reported total Scope 3 emissions of 23,027 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Approximately 100%of these emissions originated from upstream activities such as purchased goods and capital goods, while 0%came from downstream activities like product use, distribution, and end-of-life treatment.a

Has Believe reduced its Scope 3 emissions over time?

Since 2022, Believe's Scope 3 emissionshave increased by 9,677.92%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

Compared to the previous year (2023), Believe's Scope 3 emissions decreased by 63.22%, highlighting the company's efforts to lower indirect emissions from its value chain.ab

What categories of Scope 3 emissions does Believe disclose?

In 2024, Believe reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol.a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Believe's Scope 3 emissions?

In 2024, the largest contributors to Believe's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 16,095 tCOâ‚‚e(69.9%)
  • Upstream Transportation and Distribution (Cat. 4): 4,152 tCOâ‚‚e(18.03%)
  • Employee Commuting (Cat. 7): 1,863 tCOâ‚‚e(8.09%)

Believe's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(69.9%)UpstreamTransportation andDistribution(Cat. 4)(18.0%)Employee Commuting(Cat. 7)(8.1%)

Insights into Believe’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Believe reported Scope 1 greenhouse gas (GHG) emissions of 188.6 tCOâ‚‚e and total revenues of USD 1,029 millions. This translates into an emissions intensity of 0.18 tCOâ‚‚e per millions USD.a

Believe's Scope 1 Emissions Intensity Compared to Peers

2202005,00050,000Scope 1 Emissions (tCO2e)502001,0005,00050,000Revenues (Millions of USD)CDCCECJ ENMYear: 2024Scope 1: 867 tCO2eRevenue: $M 3,565Scope 1 Intensity: 0.24 tCO2e/$MCCCompagnie De l'odetYear: 2024Scope 1: 15,571 tCO2eRevenue: $M 3,256Scope 1 Intensity: 4.78 tCO2e/$MAtresmediaYear: 2024Scope 1: 1,697 tCO2eRevenue: $M 956Scope 1 Intensity: 1.77 tCO2e/$MBorussia Dortmund GmbH & CoYear: 2025Scope 1: 1,022 tCO2eRevenue: $M 617Scope 1 Intensity: 1.66 tCO2e/$MDDDamai Entertainment HoldingsYear: 2024Scope 1: 464 tCO2eRevenue: $M 762Scope 1 Intensity: 0.61 tCO2e/$MCCCanal+Year: 2024Scope 1: 7,900 tCO2eRevenue: $M 5,911Scope 1 Intensity: 1.34 tCO2e/$MNRJ GroupYear: 2024Scope 1: 1,565 tCO2eRevenue: $M 431Scope 1 Intensity: 3.63 tCO2e/$MVantivaYear: 2024Scope 1: 6,858 tCO2eRevenue: $M 1,941Scope 1 Intensity: 3.53 tCO2e/$MWarehouses de PauwYear: 2024Scope 1: 310 tCO2eRevenue: $M 456Scope 1 Intensity: 0.68 tCO2e/$MCTS Eventim AG & CoYear: 2024Scope 1: 2,127 tCO2eRevenue: $M 2,923Scope 1 Intensity: 0.73 tCO2e/$MAstro Malaysia HoldingsYear: 2024Scope 1: 673 tCO2eRevenue: $M 690Scope 1 Intensity: 0.98 tCO2e/$MCCChina Ruyi HoldingsYear: 2024Scope 1: 73 tCO2eRevenue: $M 548Scope 1 Intensity: 0.13 tCO2e/$MDeezerYear: 2024Scope 1: 2 tCO2eRevenue: $M 571Scope 1 Intensity: 0.00 tCO2e/$MMultiChoice GroupYear: 2025Scope 1: 19,483 tCO2eRevenue: $M 2,770Scope 1 Intensity: 7.03 tCO2e/$MFoxYear: 2024Scope 1: 14,820 tCO2eRevenue: $M 13,980Scope 1 Intensity: 1.06 tCO2e/$MEEEveryman Media GroupYear: 2024Scope 1: 1,031 tCO2eRevenue: $M 134Scope 1 Intensity: 7.67 tCO2e/$MBanijay GroupYear: 2024Scope 1: 17,567 tCO2eRevenue: $M 4,998Scope 1 Intensity: 3.51 tCO2e/$MUniversal Music GroupYear: 2024Scope 1: 1,797 tCO2eRevenue: $M 12,317Scope 1 Intensity: 0.15 tCO2e/$MBolloreYear: 2024Scope 1: 15,571 tCO2eRevenue: $M 3,257Scope 1 Intensity: 4.78 tCO2e/$MKinepolis GroupYear: 2024Scope 1: 9,197 tCO2eRevenue: $M 602Scope 1 Intensity: 15.29 tCO2e/$MPVR INOXYear: 2023Scope 1: 9,668 tCO2eRevenue: $M 455Scope 1 Intensity: 21.24 tCO2e/$MVivendiYear: 2024Scope 1: 151 tCO2eRevenue: $M 309Scope 1 Intensity: 0.49 tCO2e/$MToho Co Ltd (Tokyo)Year: 2024Scope 1: 5,484 tCO2eRevenue: $M 1,881Scope 1 Intensity: 2.92 tCO2e/$MHybeYear: 2024Scope 1: 2,333 tCO2eRevenue: $M 1,537Scope 1 Intensity: 1.52 tCO2e/$MBelieveYear: 2024Scope 1: 189 tCO2eRevenue: $M 1,029Scope 1 Intensity: 0.18 tCO2e/$M

How does Believe's GHG emissions intensity compare to its peers?

In 2024, Believe reported a Scope 1 emissions intensity of 0.18 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.59, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Believe rank on GHG emissions intensity within its industry?

In 2024, Believe ranked 4 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a

This places Believe among the top performers, with one of the lowest emissions intensities relative to peers.a

Insights into Believe's Total Carbon Footprint

In 2024, Believe reported a total carbon footprint of 24,284.6 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 62.13% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab

The largest contributor to Believe's total carbon footprint was Scope 3 emissions, accounting for 94.82% of the company's total carbon footprint, followed by Scope 2 emissions at 4.4%.a

Want Full Access to Believe's GHG Emissions Dataset?
Sign Up

Explore Peer Companies

Vivendi SE

Communication Services
Entertainment
France

Bollore SE

Communication Services
Entertainment
France

Banijay Group NV

Communication Services
Entertainment
France

Deezer SA

Communication Services
Entertainment
France

Vantiva SA

Communication Services
Entertainment
France

Canal+ SA

Communication Services
Entertainment
France