Spin Master Corp

Common Name
Spin Master
Country
Canada
Sector
Consumer Cyclical
Industry
Leisure
Employees
2,500
Ticker
TOY
Exchange
TORONTO STOCK EXCHANGE
Description
Spin Master Corp is a leading global children's entertainment company renowned for creating innovative toys, games, and interactive digital content. This Canadian-based organization produces a diverse...

Spin Master's GHG Emissions Data Preview

In 2024, 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Location-Based
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0000000
Total Scope 3
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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Verified Sources Behind Spin Master’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 Spin Master’s data sources below and access millions more through our Disclosure Search.

a. Spin Master's CSR Report 2024
a. Spin Master's CSR Report 2024
b. Spin Master's CSR Report 2022
b. Spin Master's CSR Report 2022

Insights into Spin Master's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Spin Master amounted to 3,584 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 2023, the total operational greenhouse gas (GHG) emissions of Spin Master increased by 104.57%, suggesting that the company faced challenges in reducing its emissions from its core operations. a

Spin Master's Scope 1 Emissions Over Time

20192020202120222023202401.5 k3 k4.5 k6 ktCO2e+73%-14%-84%-66%-91%
  • Total Scope 1
  • Year-over-Year Change

What are Spin Master's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Spin Master were 18 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 decreased by 99.3%, reflecting a declining long-term trend in Scope 1 emissions over time. a b

Compared to the previous year (2023), Spin Master's Scope 1 emissions decreased by 91.43%, 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 2024, Spin Master reported Scope 2 greenhouse gas (GHG) emissions of 3,566 tCO₂e using the location-based method. a

Has Spin Master reduced its Scope 2 emissions over time?

Since 2019, Spin Master's Scope 2 greenhouse gas (GHG) emissions ( Location-Based) have increased by 78.3%, reflecting a rising long-term trend in Scope 2 emissions over time. a

Compared to the previous year (2023), Spin Master's Scope 2 emissions (Location-Based) rose by 131.26% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energy a

What methodology does Spin Master use for Scope 2 reporting?

In 2024, Spin Master reported its Scope 2 emissions using the location-based method. a

Spin Master's Scope 2 Emissions Over Time

20192020202120222023202409001.8 k2.7 k3.6 ktCO2e
  • Total Scope 2 Location-Based

Insights into Spin Master's Value Chain Emissions

In 2024, Spin Master reported 97,714 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 2024 disclosure of Spin Master includes a breakdown across 4 of the 15 Scope 3 categories defined by the GHG Protocol, down from 5 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions. a

Spin Master's Scope 3 Emissions Over Time

201920202021202220232024045 k90 k135 k180 ktCO2e-74%+21%+13%+17%+38%
  • Total Scope 3
  • Year-over-Year Change

What are Spin Master's Scope 3 emissions?

In 2024, Spin Master reported total Scope 3 emissions of 97,714 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 42.31%, reflecting a declining long-term trend in Scope 3 emissions over time. a

Compared to the previous year (2023), Spin Master's Scope 3 emissions increased by 38.09%, 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 2024, Spin Master reported emissions for 4 out of the 15 Scope 3 categories defined by the GHG Protocol. a

The limited disclosure restricts visibility into specific emission sources across the company's value chain.

What are the main sources of Spin Master's Scope 3 emissions?

In 2024, the largest contributors to Spin Master's Scope 3 emissions were: a

  • Purchased Goods and Services (Cat. 1): 74,724 tCO₂e (76.53%)
  • Upstream Transportation and Distribution (Cat. 4): 19,722 tCO₂e (20.2%)
  • Business Travel (Cat. 6): 1,981 tCO₂e (2.03%)

Spin Master's Scope 3 Emissions by Categories

Business Travel(Cat. 6)(2.0%)UpstreamTransportation andDistribution(Cat. 4)(20.2%)Purchased Goods andServices (Cat. 1)(76.5%)

Insights into Spin Master’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Spin Master reported Scope 1 greenhouse gas (GHG) emissions of 18 tCO₂e and total revenues of USD 3,103 millions. This translates into an emissions intensity of 0.01 tCO₂e per millions USD. a

Spin Master's Scope 1 Emissions Intensity Compared to Peers

102002,00050,000500,000Scope 1 Emissions (tCO2e)201005002,00020,000Revenues (Millions of USD)CTTMCCCTG InternationalYear: 2023Scope 1: 26,229 tCO2eRevenue: $M 576Scope 1 Intensity: 45.57 tCO2e/$MPlanet FitnessYear: 2024Scope 1: 4,868 tCO2eRevenue: $M 1,182Scope 1 Intensity: 4.12 tCO2e/$MMattelYear: 2022Scope 1: 14,170 tCO2eRevenue: $M 5,435Scope 1 Intensity: 2.61 tCO2e/$MDaiichikoshoYear: 2022Scope 1: 8,089 tCO2eRevenue: $M 777Scope 1 Intensity: 10.41 tCO2e/$MYeti HoldingsYear: 2024Scope 1: 289 tCO2eRevenue: $M 1,830Scope 1 Intensity: 0.16 tCO2e/$MTTTopgolf Callaway BrandsYear: 2024Scope 1: 166,091 tCO2eRevenue: $M 4,239Scope 1 Intensity: 39.18 tCO2e/$MPop Mart International GroupYear: 2024Scope 1: 58 tCO2eRevenue: $M 1,942Scope 1 Intensity: 0.03 tCO2e/$MBandai Namco HoldingsYear: 2025Scope 1: 7,794 tCO2eRevenue: $M 8,279Scope 1 Intensity: 0.94 tCO2e/$MHarviaYear: 2023Scope 1: 998 tCO2eRevenue: $M 167Scope 1 Intensity: 5.99 tCO2e/$MGoodbaby International HoldingsYear: 2023Scope 1: 2,723 tCO2eRevenue: $M 1,015Scope 1 Intensity: 2.68 tCO2e/$MShimanoYear: 2024Scope 1: 9,600 tCO2eRevenue: $M 2,873Scope 1 Intensity: 3.34 tCO2e/$MTTTandem GroupYear: 2024Scope 1: 32 tCO2eRevenue: $M 31Scope 1 Intensity: 1.04 tCO2e/$MMerida IndustryYear: 2024Scope 1: 1,407 tCO2eRevenue: $M 905Scope 1 Intensity: 1.56 tCO2e/$MMMMisto HoldingsYear: 2024Scope 1: 1,448 tCO2eRevenue: $M 2,909Scope 1 Intensity: 0.50 tCO2e/$MItalian Sea GroupYear: 2024Scope 1: 50 tCO2eRevenue: $M 380Scope 1 Intensity: 0.13 tCO2e/$MHasbroYear: 2024Scope 1: 3,880 tCO2eRevenue: $M 4,136Scope 1 Intensity: 0.94 tCO2e/$MGiant ManufacturingYear: 2023Scope 1: 27,521 tCO2eRevenue: $M 2,509Scope 1 Intensity: 10.97 tCO2e/$MHaichang Ocean Park HoldingsYear: 2023Scope 1: 11,425 tCO2eRevenue: $M 279Scope 1 Intensity: 40.93 tCO2e/$MGames Workshop GroupYear: 2024Scope 1: 484 tCO2eRevenue: $M 669Scope 1 Intensity: 0.72 tCO2e/$MLi NingYear: 2024Scope 1: 1,913 tCO2eRevenue: $M 4,280Scope 1 Intensity: 0.45 tCO2e/$MTitlisYear: 2024Scope 1: 1,943 tCO2eRevenue: $M 82Scope 1 Intensity: 23.83 tCO2e/$MSpin MasterYear: 2024Scope 1: 18 tCO2eRevenue: $M 3,103Scope 1 Intensity: 0.01 tCO2e/$M

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

In 2024, Spin Master reported a Scope 1 emissions intensity of 0.01 tCO₂e per millions USD. Compared to the peer group median of 2.61 , 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 2024, Spin Master ranked 1 out of 21 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 2024, Spin Master reported a total carbon footprint of 101,298 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 39.7% increase compared to 2023, 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 96.46% of the company's total carbon footprint, followed by Scope 2 emissions at 3.52%. a

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