Netflix Inc

Common Name
Netflix
Country
United States
Sector
Communication Services
Industry
Entertainment
Employees
14,000
Ticker
NFLX
Exchange
NASDAQ/NGS
Description
Netflix Inc. is an American conglomerate in the entertainment industry focused on streaming services and production of television content and films. Its primary function is to offer a subscription-bas...

Netflix's Climate Target Data Preview

As of 2024, Netflix has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target target, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Netflix ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a, b
2030
Intensity-based Target*
Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added
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b
2030
*. This target is limited in scope and does not represent the company's full operational or organizational boundaries
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Verified Sources Behind Netflix’s Climate Targets 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 Netflix’s data sources below and access millions more through our Disclosure Search.

a. Netflix's ESG Report 2021
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b. Netflix's ESG Report 2024
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Insights into Netflix's Greenhouse Gas Emissions Pathways

As of 2024, Netflix has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint. a b

Does Netflix have a target to reduce the emissions from its operations?

As of 2024, Netflix has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a b

Netflix's most ambitious operational target is to reduce these emissions by 46.2% by 2030, compared to a baseline of 77,804 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019. a b

As of 2024, Netflix is lagging behind on its operational emissions reduction target, having achieved 7.79% of the planned reduction. a b

Netflix's Operational (Scope 1+2) Emissions Pathway

201920242030020 k40 k60 k80 kCurrent (-4%)Target 2030 (-46%)

Does Netflix have a target to reduce the emissions from its value chain?

As of 2024, Netflix has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 1 out of the 15 Scope 3 categories defined by the GHG Protocol. b

Netflix's most ambitious value chain target is to reduce these emissions by 55% by 2030, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per US Dollar (USD) of Value Added in 2019. b

Netflix has already surpassed its value chain emissions reduction target, with 2024 levels falling below the 2030 value, achieving its climate goal ahead of schedule. b

Netflix's Value Chain (Scope 3) Emissions Pathway

20192024203000000BaselineCurrent (-57%)
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