Spin Master Corp
Spin Master's GHG Emissions Data Preview
In 2023, Spin Master 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).
Spin Master has also provided a category-level breakdown for 5 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 | ||||
Unspecified Calculation Method | 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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Verified Sources Behind Spin Master’s Greenhouse Gas (GHG) Emissions Data
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Insights into Spin Master's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Spin Master amounted to 1,585 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 Spin Master decreased by 13.67%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
Spin Master's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Spin Master's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Spin Master were 246 metric tons of CO₂ equivalent (tCO₂e). a
Has Spin Master reduced its Scope 1 emissions over time?
Since 2019, Spin Master's Scope 1 emissions have increased by 24,500%, reflecting a rising long-term trend in Scope 1 emissions over time. a
Compared to the previous year (2022), Spin Master's Scope 1 emissions decreased by 56.92%, highlighting the company's efforts to lower direct emissions from assets it owns or controls. a
What are Spin Master's Scope 2 emissions?
In 2023, Spin Master reported Scope 2 greenhouse gas (GHG) emissions of 1,339 tCO₂e without specifying the calculation method. a
Has Spin Master reduced its Scope 2 emissions over time?
Since 2019, Spin Master's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 70.67%, reflecting a declining long-term trend in Scope 2 emissions over time. a
Compared to the previous year (2022), Spin Master's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Spin Master 's emissions have plateaued with no significant change in its energy consumption footprint. a
What methodology does Spin Master use for Scope 2 reporting?
In 2023, Spin Master reported its Scope 2 emissions using an unspecified methodology. a
Spin Master's Scope 2 Emissions Over Time
- Total Scope 2 (Unspecified Calculation Method)
Insights into Spin Master's Value Chain Emissions
In 2023, Spin Master reported 78,109 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 Spin Master includes a breakdown across 5 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
Spin Master's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Spin Master's Scope 3 emissions?
In 2023, Spin Master reported total Scope 3 emissions of 78,109 metric tons of CO₂ equivalent (tCO₂e). a
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. a
Has Spin Master reduced its Scope 3 emissions over time?
Since 2019, Spin Master's Scope 3 emissions have decreased by 53.89%, reflecting a declining long-term trend in Scope 3 emissions over time. a
Compared to the previous year (2022), Spin Master's Scope 3 emissions increased by 29.65%, suggesting that the company faced challenges in reducing emissions across its value chain. a
What categories of Scope 3 emissions does Spin Master disclose?
In 2023, Spin Master reported emissions for 5 out of the 15 Scope 3 categories defined by the GHG Protocol. a
This partial disclosure allows for some insight into the company's indirect impacts.
What are the main sources of Spin Master's Scope 3 emissions?
In 2023, the largest contributors to Spin Master's Scope 3 emissions were: a
- Purchased Goods and Services (Cat. 1): 59,824 tCO₂e (78.57%)
- Downstream Transportation and Distribution (Cat. 9): 12,794 tCO₂e (16.8%)
- Business Travel (Cat. 6): 2,593 tCO₂e (3.41%)
Spin Master's Scope 3 Emissions by Categories
Insights into Spin Master’s GHG Emissions Intensity Compared to Industry Peers
In 2023, Spin Master reported Scope 1 greenhouse gas (GHG) emissions of 246 tCO₂e and total revenues of USD 1,905 millions. This translates into an emissions intensity of 0.13 tCO₂e per millions USD. a
Spin Master's Scope 1 Emissions Intensity Compared to Peers
How does Spin Master's GHG emissions intensity compare to its peers?
In 2023, Spin Master reported a Scope 1 emissions intensity of 0.13 tCO₂e per millions USD. Compared to the peer group median of 4.21, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
Where does Spin Master rank on GHG emissions intensity within its industry?
In 2023, Spin Master ranked 2 out of 15 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Spin Master among the top performers, with one of the lowest emissions intensities relative to peers. a
Insights into Spin Master's Total Carbon Footprint
In 2023, Spin Master reported a total carbon footprint of 79,694 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 28.37% increase compared to 2022, suggesting a rise in emissions across its operations or value chain. a
The largest contributor to Spin Master's total carbon footprint was Scope 3 emissions, accounting for 98.01% of the company's total carbon footprint, followed by Scope 2 emissions at 1.68%. a