Spin Master Corp

Common Name
Spin Master
Country
Canada
Sector
Consumer Cyclical
Industry
Leisure
Employees
3,000
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 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)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Unspecified Calculation Method
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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 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).

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.

Spin Master's Scope 1 Emissions Over Time

201920202021202220230150300450600tCO2e0%-50%+114100%-57%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

What are Spin Master's Scope 2 emissions?

In 2023, Spin Master reported Scope 2 greenhouse gas (GHG) emissions of 1,339 tCOâ‚‚e without specifying the calculation method.

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.

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.

What methodology does Spin Master use for Scope 2 reporting?

In 2023, Spin Master reported its Scope 2 emissions using an unspecified methodology.

Spin Master's Scope 2 Emissions Over Time

2019202020212022202301.5 k3 k4.5 k6 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Spin Master's Value Chain Emissions

In 2023, Spin Master reported 78,109 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 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.

Spin Master's Scope 3 Emissions Over Time

20192020202120222023045 k90 k135 k180 ktCO2e-77%+19%+30%+30%
  • 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 COâ‚‚ equivalent (tCOâ‚‚e).

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.

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.

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.

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.

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:

  • Purchased Goods and Services (Cat. 1): 59,824 tCOâ‚‚e (78.57%)
  • Downstream Transportation and Distribution (Cat. 9): 12,794 tCOâ‚‚e (16.8%)
  • Business Travel (Cat. 6): 2,593 tCOâ‚‚e (3.41%)

Spin Master's Scope 3 Emissions by Categories

Purchased Goods andServices (Cat. 1)(78.6%)Business Travel(Cat. 6)(3.4%)DownstreamTransportation andDistribution(Cat. 9)(16.8%)

Insights into Spin Master's Total Carbon Footprint

In 2023, Spin Master reported a total carbon footprint of 79,694 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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.

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%.

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