Netflix

Movies & Entertainment

NFLX

$ 361 (1.1)%

Share price

$ 161 bn

Market Cap

$ 172 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

In line with the -6.6% weighted average for S&P 500

FY2022

Netflix aims to reduce Scope 1 + 2 by 46.2% by 2030 from a base year 2019

1.5°C

GHG emissions and Carbon intensity

Netflix reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 63 Kt (+32/+102% y-o-y). Carbon intensity also spiked to 2.1 t (+0.9/+75% y-o-y).

Netflix's Scope 3 emissions took off to 1,466 Kt (+446/+44% y-o-y). The parameter has been fairly volatile.

The company is committed to reducing Scope 1 + 2 by 46.2% by 2030 from a base year 2019, which translates into the estimated reduction of -3.9 Kt per annum over the period of FY2022 - FY2030. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	63	63	0	1,466	29,698	2.1
2020Q4	31	31	0.14	1,021	24,996	1.2
2019Q4	52	51	0.57	1,193	20,156	2.6

Netflix

Carbon footprint

Primary Climate Goal

Netflix aims to reduce Scope 1 + 2 by 46.2% by 2030 from a base year 2019

GHG emissions and Carbon intensity

Netflix's carbon footprint

Company environmental metrics