Spotify Technology S.A.
Climate Impact & Sustainability Data (2020, 2021)
Reporting Period: 2020
Environmental Metrics
Total Carbon Emissions:169,000 tCO2e/year
Scope 1 Emissions:0 tCO2e/year
Scope 2 Emissions:2,600 tCO2e/year (market based), 3,700 (location based)
Scope 3 Emissions:166,300 tCO2e/year
Renewable Energy Share:100% for offices (partly through Energy Attribute Certificates)
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Diversity, Inclusion & Belonging
- Climate
- Supplier Responsibility
- Data Protection
- Employee Well-being
Environmental Achievements
- Reduced total value chain GHG emissions by 26% to 169,000 tons CO2e from 229,000 tons in 2019.
- Exceeded the goal to reduce emissions from air travel by 25% per employee due to near-zero employee travel.
Social Achievements
- Increased representation of Black Spotifers in the U.S. to 8.3% (from 6.4% in June 2020).
- Launched Heart & Soul, a global mental health initiative.
- Launched several programs for underrepresented early career starters (Amplified Mentorship Program, Aspiring Marketing Professionals Development Program, Technology Fellowship Program, Opening Act).
Governance Achievements
- Adopted a new Supplier Code of Conduct, with 70% of vendors managed by Tech Procurement signing it.
- Implemented an anti-corruption policy and a code of conduct.
- Established a whistleblowing channel for reporting policy violations.
Climate Goals & Targets
Long-term Goals:
- Align operations with a net-zero society.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing emissions from listener use (42% of total emissions), which are not directly controlled.
- Increasing diverse representation in hiring and leadership ranks.
- Maintaining inclusion and belonging in a virtual work environment.
Mitigation Strategies
- Setting reduction targets in line with the Paris Agreement.
- Working with suppliers and partners to achieve emissions reductions.
- Offsetting emissions that cannot be reduced.
- Implementing Inclusive Hiring strategies and programs.
- Curating virtual experiences and workshops to foster inclusion and belonging.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Code of Conduct
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: GRI 405: Diversity and Equal Opportunity 2016, Greenhouse Gas Protocol
Certifications: Null
Third-party Assurance: Ernst & Young AB
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2021
Environmental Metrics
Total Carbon Emissions:353,054 tCO2e/year
Scope 1 Emissions:<1%
Scope 2 Emissions:<1%
Scope 3 Emissions:99%
Waste Generated:2,575 units of e-waste collected; 41% recycled and reused.
ESG Focus Areas
- Climate Action
- Diversity, Inclusion & Belonging
- Mental Health
- Civic Engagement
Environmental Achievements
- Pledged to reach net zero GHG emissions within the next decade.
- Reduced GHG emissions from business travel by 55.9% from 2020.
Social Achievements
- Implemented a new Inclusive Hiring Strategy in the U.S.
- Launched the Behind the Mic program to expand opportunities for underserved communities in podcasting.
- Launched Frequency, a global initiative celebrating Black art and culture.
- Launched EQUAL to foster equity for women in audio.
- Expanded Sound Up program to 12 countries, supporting 140+ creators.
Governance Achievements
- Brought together Diversity, Inclusion & Belonging (DIB), Sustainability and Social Impact into one central Equity & Impact (E&I) team.
- Established an E&I Reporting Steering Circle to manage cross-functional inputs and improve ESG performance.
Climate Goals & Targets
Long-term Goals:
- Reach net zero GHG emissions within the next decade.
Medium-term Goals:
- Become a "distributed first" company by 2025.
Short-term Goals:
- Achieve 14% Black employee representation in the US by the end of 2023.
Environmental Challenges
- Increase in total GHG emissions in 2021 due to enhanced calculation methodology, business growth, and increased employees and users.
- Lack of industry information on the climate impact of streaming.
- Need to address barriers preventing underrepresented creators from rising in the streaming industry.
Mitigation Strategies
- Enhanced GHG emissions calculations methodology.
- Working with partners to improve cloud efficiency and establish stronger environmental procurement for suppliers.
- Investigating emissions from audio streaming and partnering with DIMPACT to measure GHG emissions associated with delivering digital content.
- Launching programs like NextGen in Studios and Behind the Mic to support diverse creators.
- Investing in and highlighting content from underrepresented creators.
Supply Chain Management
Responsible Procurement
- Supplier Code of Conduct (SCoC)
- Statement concerning Modern Slavery
- Increased work with Black creative agencies through Freemium Marketing Equity Initiative.