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 GHG Emissions Data Preview

In 2024, Netflix 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).

Netflix has also provided a category-level breakdown for 10 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 2
Market-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Location-Based
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000
Total Scope 3
0000000
Copy restricted. Please purchase to unlock this data.
Copy restricted. Please purchase to unlock this data.
0000000

This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Netflix's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Netflix amounted to 91,172 metric 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).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Netflix increased by 62.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Netflix's Scope 1 Emissions Over Time

201920202021202220232024020 k40 k60 k80 ktCO2e-40%+103%-5%-57%+96%
  • Total Scope 1
  • Year-over-Year Change

What are Netflix's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Netflix were 50,488 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Netflix reduced its Scope 1 emissions over time?

Since 2019, Netflix's Scope 1 emissions have decreased by 1.94%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Netflix's Scope 1 emissions increased by 95.77%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Netflix's Scope 2 emissions?

In 2024, Netflix reported Scope 2 greenhouse gas (GHG) emissions of 0 tCOâ‚‚e using the market-based method, and 40,684 tCOâ‚‚e using the location-based method.

Has Netflix reduced its Scope 2 emissions over time?

Since 2019, Netflix's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 52.98%, reflecting a rising long-term trend in Scope 2 emissions over time.

Compared to the previous year (2023), Netflix's Scope 2 emissions (Location-Based) rose by 34.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Netflix use for Scope 2 reporting?

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

Netflix's Scope 2 Emissions Over Time

201920202021202220232024015 k30 k45 k60 ktCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Netflix's Value Chain Emissions

In 2024, Netflix reported 1,037,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Netflix includes a breakdown across 10 of the 15 Scope 3 categories defined by the GHG Protocol, up from 3 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Netflix's Scope 3 Emissions Over Time

2019202020212022202320240400 k800 k1.2 M1.6 MtCO2e-14%+44%-24%-24%+23%
  • Total Scope 3
  • Year-over-Year Change

What are Netflix's Scope 3 emissions?

In 2024, Netflix reported total Scope 3 emissions of 1,037,952 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 99.75% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.25% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Netflix reduced its Scope 3 emissions over time?

Since 2019, Netflix's Scope 3 emissions have decreased by 12.97%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Netflix's Scope 3 emissions increased by 23.45%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Netflix disclose?

In 2024, Netflix reported emissions for 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

This reflects a high level of granularity and transparency in the company's emissions reporting.

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

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

  • Purchased Goods and Services (Cat. 1): 689,044 tCOâ‚‚e (69.83%)
  • Business Travel (Cat. 6): 136,259 tCOâ‚‚e (13.81%)
  • Capital Goods (Cat. 2): 92,339 tCOâ‚‚e (9.36%)

Netflix's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(13.8%)Capital Goods(Cat. 2)(9.4%)Purchased Goods andServices (Cat. 1)(69.8%)

Insights into Netflix's Total Carbon Footprint

In 2024, Netflix reported a total carbon footprint of 1,129,124 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 25.9% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Netflix's total carbon footprint was Scope 3 emissions, accounting for 91.93% of the company's total carbon footprint, followed by Scope 1 emissions at 4.47%.

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