Snap Inc

Common Name
Snap
Country
United States
Sector
Communication Services
Industry
Internet Content & Information
Employees
5,206
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 2023, 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)2023202220212020 - 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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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Snap’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 Snap’s data sources below and access millions more through our Disclosure Search.

a. Snap's Corporate Citizenship Report 2024
a. Snap's Corporate Citizenship Report 2024
b. Snap's Corporate Citizenship Report 2022
b. Snap's Corporate Citizenship Report 2022

Insights into Snap's Operational Emissions

In 2023, the total operational greenhouse gas (GHG) emissions of Snap amounted to 10,783 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). a

Compared to 2022, the total operational greenhouse gas (GHG) emissions of Snap increased by 73.39%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Snap's Scope 1 Emissions Over Time

2019202020212022202302.5 k5 k7.5 k10 ktCO2e-37%+39%+45%+65%
  • Total Scope 1
  • Year-over-Year Change

What are Snap's Scope 1 emissions?

In 2023, the total Scope 1 emissions of Snap were 9,822 metric tons of CO₂ equivalent (tCO₂e). a

Has Snap reduced its Scope 1 emissions over time?

Since 2019, Snap's Scope 1 emissions have increased by 110.95%, reflecting a rising long-term trend in Scope 1 emissions over time. a

Compared to the previous year (2022), Snap's Scope 1 emissions increased by 64.8%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a

What are Snap's Scope 2 emissions?

In 2023, Snap reported Scope 2 greenhouse gas (GHG) emissions of 961 tCO₂e using the market-based method. a

Has Snap reduced its Scope 2 emissions over time?

Since 2019, Snap's Scope 2 greenhouse gas (GHG) emissions ( Market-Based) have decreased by 77.57%, reflecting a declining long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2022), Snap's Scope 2 emissions (Market-Based) rose by 271.04% in 2023, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Snap use for Scope 2 reporting?

In 2023, Snap reported its Scope 2 emissions using the market-based method. a

Snap's Scope 2 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 Market-Based

Insights into Snap's Value Chain Emissions

In 2023, Snap reported 239,009 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

The 2023 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 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year. a

Snap's Scope 3 Emissions Over Time

20192020202120222023070 k140 k210 k280 ktCO2e+18%+23%+48%-11%
  • Total Scope 3
  • Year-over-Year Change

What are Snap's Scope 3 emissions?

In 2023, Snap reported total Scope 3 emissions of 239,009 metric tons of CO₂ equivalent (tCO₂e). a

Approximately 77.53% of these emissions originated from upstream activities such as purchased goods and capital goods, while 22.47% came from downstream activities like product use, distribution, and end-of-life treatment. a

Has Snap reduced its Scope 3 emissions over time?

Since 2019, Snap's Scope 3 emissions have increased by 91.63%, reflecting a rising long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2022), Snap's Scope 3 emissions decreased by 10.82%, highlighting the company's efforts to lower indirect emissions from its value chain. a

What categories of Scope 3 emissions does Snap disclose?

In 2023, Snap reported emissions for 11 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 Snap's Scope 3 emissions?

In 2023, the largest contributors to Snap's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 101,339 tCO₂e (42.4%)
  • Use of Sold Products (Cat. 11): 52,712 tCO₂e (22.05%)
  • Capital Goods (Cat. 2): 51,186 tCO₂e (21.42%)

Snap's Scope 3 Emissions by Categories

Use of Sold Products(Cat. 11)(22.1%)Purchased Goods andServices (Cat. 1)(42.4%)Capital Goods(Cat. 2)(21.4%)

Insights into Snap’s GHG Emissions Intensity Compared to Industry Peers

In 2023, Snap reported Scope 1 greenhouse gas (GHG) emissions of 9,822 tCO₂e and total revenues of USD 4,606 millions. This translates into an emissions intensity of 2.13 tCO₂e per millions USD. a

Snap's Scope 1 Emissions Intensity Compared to Peers

2050010,000200,0005,000,000Scope 1 Emissions (tCO2e)1001,00010,000100,0001,000,000Revenues (Millions of USD)CPCCCencoraYear: 2024Scope 1: 135,087 tCO2eRevenue: $M 293,987Scope 1 Intensity: 0.46 tCO2e/$MCinemark HoldingsYear: 2024Scope 1: 13,592 tCO2eRevenue: $M 3,050Scope 1 Intensity: 4.46 tCO2e/$MTelephone and Data SystemsYear: 2023Scope 1: 29,175 tCO2eRevenue: $M 5,160Scope 1 Intensity: 5.65 tCO2e/$MMatch GroupYear: 2024Scope 1: 564 tCO2eRevenue: $M 3,479Scope 1 Intensity: 0.16 tCO2e/$MMeta PlatformsYear: 2024Scope 1: 47,468 tCO2eRevenue: $M 164,477Scope 1 Intensity: 0.29 tCO2e/$MOmnicom GroupYear: 2024Scope 1: 32,733 tCO2eRevenue: $M 15,689Scope 1 Intensity: 2.09 tCO2e/$MFrontier Communications ParentYear: 2023Scope 1: 117,263 tCO2eRevenue: $M 5,676Scope 1 Intensity: 20.66 tCO2e/$MIPGYear: 2024Scope 1: 10,183 tCO2eRevenue: $M 10,692Scope 1 Intensity: 0.95 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$MFoxYear: 2024Scope 1: 14,820 tCO2eRevenue: $M 13,980Scope 1 Intensity: 1.06 tCO2e/$MNew York TimesYear: 2024Scope 1: 3,598 tCO2eRevenue: $M 2,586Scope 1 Intensity: 1.39 tCO2e/$MIACYear: 2023Scope 1: 5,536 tCO2eRevenue: $M 4,365Scope 1 Intensity: 1.27 tCO2e/$MAT&TYear: 2024Scope 1: 545,052 tCO2eRevenue: $M 122,335Scope 1 Intensity: 4.46 tCO2e/$MNewsYear: 2023Scope 1: 12,702 tCO2eRevenue: $M 9,879Scope 1 Intensity: 1.29 tCO2e/$MLumen TechnologiesYear: 2023Scope 1: 166,652 tCO2eRevenue: $M 14,557Scope 1 Intensity: 11.45 tCO2e/$MNetflixYear: 2024Scope 1: 50,488 tCO2eRevenue: $M 39,002Scope 1 Intensity: 1.29 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MWalt DisneyYear: 2024Scope 1: 921,163 tCO2eRevenue: $M 91,361Scope 1 Intensity: 10.08 tCO2e/$MPPPinterestYear: 2023Scope 1: 602 tCO2eRevenue: $M 3,056Scope 1 Intensity: 0.20 tCO2e/$MZiff DavisYear: 2023Scope 1: 305 tCO2eRevenue: $M 1,364Scope 1 Intensity: 0.22 tCO2e/$MElectronic ArtsYear: 2025Scope 1: 2,977 tCO2eRevenue: $M 7,463Scope 1 Intensity: 0.40 tCO2e/$MWarner Music GroupYear: 2023Scope 1: 1,583 tCO2eRevenue: $M 6,037Scope 1 Intensity: 0.26 tCO2e/$MUpworkYear: 2019Scope 1: 33 tCO2eRevenue: $M 301Scope 1 Intensity: 0.11 tCO2e/$MSnapYear: 2023Scope 1: 9,822 tCO2eRevenue: $M 4,606Scope 1 Intensity: 2.13 tCO2e/$M

How does Snap's GHG emissions intensity compare to its peers?

In 2023, Snap reported a Scope 1 emissions intensity of 2.13 tCO₂e per millions USD. Compared to the peer group median of 1.06 , this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors. a

Where does Snap rank on GHG emissions intensity within its industry?

In 2023, Snap ranked 18 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Snap is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Snap's Total Carbon Footprint

In 2023, Snap reported a total carbon footprint of 249,792 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 8.91% decrease compared to 2022, indicating progress in reducing its overall greenhouse gas output. a

The largest contributor to Snap's total carbon footprint was Scope 3 emissions, accounting for 95.68% of the company's total carbon footprint, followed by Scope 1 emissions at 3.93%. a

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