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Netflix Inc
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) | 2024 | 2023 | 2022 | 2021 - 2017 |
|---|---|---|---|---|
Total Scope 1 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 2 | ||||
Market-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data. a | Copy restricted. Please purchase to unlock this data. a | 0000000 |
Location-Based | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
Total Scope 3 | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | Copy restricted. Please purchase to unlock this data.  a | 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.  a | Copy restricted. Please purchase to unlock this data.  a | 0000000 |
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aVerified Sources Behind Netflix’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 Netflix’s data sources below and access millions more through our Disclosure Search.
Insights into Netflix's Operational Emissions
In 2024, the total operational greenhouse gas (GHG) emissions ofNetflix amounted to91,172metric 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 Netflixincreased by 62.54%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
Netflix's Scope 1 Emissions Over Time
- 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).a
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.a
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.a
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.a
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.a
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 energya
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.a
Netflix's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Netflix's Value Chain Emissions
In 2024, Netflix reported 986,738 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 Netflix includes a breakdown across 10of 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 chaina
Netflix's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Netflix's Scope 3 emissions?
In 2024, Netflix reported total Scope 3 emissions of 986,738 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a
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.a
Has Netflix reduced its Scope 3 emissions over time?
Since 2019, Netflix's Scope 3 emissionshave decreased by 20.1%, reflecting a declining long-term trend in Scope 3 emissions over time.a
Compared to the previous year (2023), Netflix's Scope 3 emissions increased by 17.36%, suggesting that the company faced challenges in reducing emissions across its value chain.a
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.a
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:a
- 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
Insights into Netflix’s GHG Emissions Intensity Compared to Industry Peers
In 2024, Netflix reported Scope 1 greenhouse gas (GHG) emissions of 50,488 tCOâ‚‚e and total revenues of USD 39,002 millions. This translates into an emissions intensity of 1.29 tCOâ‚‚e per millions USD.a
Netflix's Scope 1 Emissions Intensity Compared to Peers
How does Netflix's GHG emissions intensity compare to its peers?
In 2024, Netflix reported a Scope 1 emissions intensity of 1.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.02, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
Where does Netflix rank on GHG emissions intensity within its industry?
In 2024, Netflix ranked 14 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e per millions USD).a
Netflix is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
Insights into Netflix's Total Carbon Footprint
In 2024, Netflix reported a total carbon footprint of 1,077,910 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.19% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Netflix's total carbon footprint was Scope 3 emissions, accounting for 91.54% of the company's total carbon footprint, followed by Scope 1 emissions at 4.68%.a