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Snap Inc
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) | 2023 | 2022 | 2021 | 2020 - 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.  | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 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 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.
Insights into Snap's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions ofSnap amounted to10,783metric 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 Snapincreased 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 tCOâ‚‚e 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 energya
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
- Total Scope 2 Market-Based
Insights into Snap's Value Chain Emissions
In 2023, Snap reported 239,009 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2023 disclosure of Snap includes a breakdown across 11of 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
- 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 COâ‚‚ equivalent (tCOâ‚‚e).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 emissionshave 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 tCOâ‚‚e(42.4%)
- Use of Sold Products (Cat. 11): 52,712 tCOâ‚‚e(22.05%)
- Capital Goods (Cat. 2): 51,186 tCOâ‚‚e(21.42%)
Snap's Scope 3 Emissions by Categories
Insights into Snap’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Snap reported Scope 1 greenhouse gas (GHG) emissions of 9,822 tCOâ‚‚e and total revenues of USD 4,606 millions. This translates into an emissions intensity of 2.13 tCOâ‚‚e per millions USD.a
Snap's Scope 1 Emissions Intensity Compared to Peers
How does Snap's GHG emissions intensity compare to its peers?
In 2023, Snap reported a Scope 1 emissions intensity of 2.13 tCOâ‚‚e per millions USD. Compared to the peer group median of 0.99, 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 25 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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 COâ‚‚ equivalent (tCOâ‚‚e) 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