Snap Inc

Common Name
Snap
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
5,061
Ticker
SNAP
Exchange
NEW YORK STOCK EXCHANGE, INC.
Website
snap.com
Description
Snap Inc. is a prominent social media and technology company, best known for its multimedia messaging app, Snapchat. The primary function of Snapchat is to enable users to share photos and videos that...

Snap's GHG Emissions Data Preview

In 2022, Snap 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).

Snap has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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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 Snap's Operational Emissions

In 2022, the total operational greenhouse gas (GHG) emissions of Snap amounted to 6,219 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 2021, the total operational greenhouse gas (GHG) emissions of Snap increased by 45.78%, suggesting that the company faced challenges in reducing its emissions from its core operations.

Snap's Scope 1 Emissions Over Time

201920202021202201.5 k3 k4.5 k6 ktCO2e-37%+39%+45%
  • Total Scope 1
  • Year-over-Year Change

What are Snap's Scope 1 emissions?

In 2022, the total Scope 1 emissions of Snap were 5,960 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Snap reduced its Scope 1 emissions over time?

Since 2019, Snap's Scope 1 emissions have increased by 28.01%, reflecting a rising long-term trend in Scope 1 emissions over time.

Compared to the previous year (2021), Snap's Scope 1 emissions increased by 45.15%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.

What are Snap's Scope 2 emissions?

In 2022, Snap reported Scope 2 greenhouse gas (GHG) emissions of 259 tCOâ‚‚e using the market-based method.

Has Snap reduced its Scope 2 emissions over time?

Since 2019, Snap's Scope 2 greenhouse gas (GHG) emissions (Market-Based) have decreased by 93.95%, reflecting a declining long-term trend in Scope 2 emissions over time.

Compared to the previous year (2021), Snap's Scope 2 emissions (Market-Based) rose by 61.88% in 2022, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy

What methodology does Snap use for Scope 2 reporting?

In 2022, Snap reported its Scope 2 emissions using the market-based method.

Snap's Scope 2 Emissions Over Time

201920202021202201.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Market-Based

Insights into Snap's Value Chain Emissions

In 2022, Snap reported 268,009 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 2022 disclosure of Snap includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2021, demonstrating consistent Scope 3 emissions reporting coverage year over year.

Snap's Scope 3 Emissions Over Time

2019202020212022070 k140 k210 k280 ktCO2e+18%+23%+48%
  • Total Scope 3
  • Year-over-Year Change

What are Snap's Scope 3 emissions?

In 2022, Snap reported total Scope 3 emissions of 268,009 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 78.95% of these emissions originated from upstream activities such as purchased goods and capital goods, while 21.05% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Snap reduced its Scope 3 emissions over time?

Since 2019, Snap's Scope 3 emissions have increased by 114.88%, reflecting a rising long-term trend in Scope 3 emissions over time.

Compared to the previous year (2021), Snap's Scope 3 emissions increased by 48.13%, suggesting that the company faced challenges in reducing emissions across its value chain.

What categories of Scope 3 emissions does Snap disclose?

In 2022, Snap reported emissions for 11 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 Snap's Scope 3 emissions?

In 2022, the largest contributors to Snap's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 153,180 tCOâ‚‚e (57.16%)
  • Use of Sold Products (Cat. 11): 56,333 tCOâ‚‚e (21.02%)
  • Capital Goods (Cat. 2): 32,167 tCOâ‚‚e (12%)

Snap's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(57.2%)Capital Goods(Cat. 2)(12.0%)Use of Sold Products(Cat. 11)(21.0%)

Insights into Snap's Total Carbon Footprint

In 2022, Snap reported a total carbon footprint of 274,228 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 48.08% increase compared to 2021, suggesting a rise in emissions across its operations or value chain.

The largest contributor to Snap's total carbon footprint was Scope 3 emissions, accounting for 97.73% of the company's total carbon footprint, followed by Scope 1 emissions at 2.17%.

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