Paramount Global
Paramount Global's GHG Emissions Data Preview
In 2023, Paramount Global 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).
Paramount Global has also provided a category-level breakdown for 8 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 | 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 Paramount Global's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Paramount Global amounted to 161,056 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 2022, the total operational greenhouse gas (GHG) emissions of Paramount Global decreased by 54.57%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Paramount Global's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Paramount Global's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Paramount Global were 45,969 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Paramount Global reduced its Scope 1 emissions over time?
Since 2018, Paramount Global's Scope 1 emissions have increased by 44.84%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Paramount Global's Scope 1 emissions decreased by 74.63%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Paramount Global's Scope 2 emissions?
In 2023, Paramount Global reported Scope 2 greenhouse gas (GHG) emissions of 95,636 tCOâ‚‚e using the market-based method, and 115,087 tCOâ‚‚e using the location-based method.
Has Paramount Global reduced its Scope 2 emissions over time?
Since 2018, Paramount Global's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have decreased by 49.76%, reflecting a declining long-term trend in Scope 2 emissions over time.
Compared to the previous year (2022), Paramount Global's Scope 2 emissions (Location-Based) fell by 33.59% in 2023, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.
What methodology does Paramount Global use for Scope 2 reporting?
In 2023, Paramount Global reported its Scope 2 emissions using the market-based method and using the location-based method.
Paramount Global's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Paramount Global's Value Chain Emissions
In 2023, Paramount Global reported 1,996,595 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 2023 disclosure of Paramount Global includes a breakdown across 8 of the 15 Scope 3 categories defined by the GHG Protocol, up from 7 in 2022, reflecting improved emissions accounting practices and greater transparency across the company's value chain
Paramount Global's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Paramount Global's Scope 3 emissions?
In 2023, Paramount Global reported total Scope 3 emissions of 1,996,595 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
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.
Has Paramount Global reduced its Scope 3 emissions over time?
Since 2018, Paramount Global's Scope 3 emissions have increased by 5,169.31%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Paramount Global's Scope 3 emissions decreased by 15.46%, highlighting the company's efforts to lower indirect emissions from its value chain.
What categories of Scope 3 emissions does Paramount Global disclose?
In 2023, Paramount Global reported emissions for 8 out of the 15 Scope 3 categories defined by the GHG Protocol.
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Paramount Global's Scope 3 emissions?
In 2023, the largest contributors to Paramount Global's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 1,491,640 tCOâ‚‚e (74.71%)
- Capital Goods (Cat. 2): 224,176 tCOâ‚‚e (11.23%)
- Business Travel (Cat. 6): 134,091 tCOâ‚‚e (6.72%)
Paramount Global's Scope 3 Emissions by Categories
Insights into Paramount Global's Total Carbon Footprint
In 2023, Paramount Global reported a total carbon footprint of 2,157,651 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 20.57% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output.
The largest contributor to Paramount Global's total carbon footprint was Scope 3 emissions, accounting for 92.54% of the company's total carbon footprint, followed by Scope 2 emissions at 5.33%.