In 2024, Spotify Technology 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).
Spotify Technology has also provided a category-level breakdown for 9 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
Metric (tCO2e) | 2024 | 2023 | 2022 | 2021 - 2017 |
---|---|---|---|---|
Total Scope 1 | 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 2 | ||||
Market-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 |
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. | Copy restricted. Please purchase to unlock this data. | Copy restricted. Please purchase to unlock this data. | 0000000 |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 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 |
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In 2024, the total operational greenhouse gas (GHG) emissions of Spotify Technology amounted to 5,023 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 Spotify Technology decreased by 3.98%, showing that the company has made progress in taking action to reduce the climate impact of its operations. a
In 2024, the total Scope 1 emissions of Spotify Technology were 1,069 metric tons of CO₂ equivalent (tCO₂e). a
Since 2021, Spotify Technology's Scope 1 emissions have increased by 56.74%, reflecting a rising long-term trend in Scope 1 emissions over time. a c
Compared to the previous year (2023), Spotify Technology's Scope 1 emissions increased by 1.52%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations. a
In 2024, Spotify Technology reported Scope 2 greenhouse gas (GHG) emissions of 3,362 tCO₂e using the market-based method and 3,954 tCO₂e using the location-based method. a
Compared to the previous year (2023), Spotify Technology's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Spotify Technology 's emissions have plateaued with no significant change in its energy consumption footprint. a
In 2024, Spotify Technology reported its Scope 2 emissions using the market-based method and using the location-based method. a
In 2024, Spotify Technology reported 190,596 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 Spotify Technology includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, up from 8 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain a
In 2024, Spotify Technology reported total Scope 3 emissions of 190,596 metric tons of CO₂ equivalent (tCO₂e). a
Approximately 99.25% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0.75% came from downstream activities like product use, distribution, and end-of-life treatment. a
Since 2021, Spotify Technology's Scope 3 emissions have decreased by 45.91%, reflecting a declining long-term trend in Scope 3 emissions over time. a c
Compared to the previous year (2023), Spotify Technology's Scope 3 emissions decreased by 30.92%, highlighting the company's efforts to lower indirect emissions from its value chain. a
In 2024, Spotify Technology reported emissions for 9 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.
In 2024, the largest contributors to Spotify Technology's Scope 3 emissions were: a
In 2024, Spotify Technology reported Scope 1 greenhouse gas (GHG) emissions of 1,069 tCO₂e and total revenues of USD 19,089 millions. This translates into an emissions intensity of 0.06 tCO₂e per millions USD. a
In 2024, Spotify Technology reported a Scope 1 emissions intensity of 0.06 tCO₂e per millions USD. Compared to the peer group median of 0.31, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a
In 2024, Spotify Technology ranked 2 out of 17 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a
This places Spotify Technology among the top performers, with one of the lowest emissions intensities relative to peers. a
In 2024, Spotify Technology reported a total carbon footprint of 195,619 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 30.41% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output. a
The largest contributor to Spotify Technology's total carbon footprint was Scope 3 emissions, accounting for 97.43% of the company's total carbon footprint, followed by Scope 2 emissions at 2.02%. a