Netflix

Broadcasting & Entertainment
NFLX
$ 177 (7)%
Share price
$ 79 bn
Market Cap
$ 90 bn
Enterprise Value

Carbon footprint

0.34 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2020
How is this calculated?
-40%
YOY change in GHG emissions
Stronger than the -8.7% weighted average for S&P 500
FY2020 vs. previous year

Primary Climate Goal

-0.8%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Weaker than the -5.1% weighted average for S&P 500
FY2021
How is this calculated?

Netflix aims to reduce Scope 1 + 2 by 45% by 2030 from a base year 2019

This target is most likely outdated and the company appears to have already achieved it
1.5°C
Netflix's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Netflix's GHG emissions (market-based) (Kt of CO2e)
Netflix's Carbon intensity (Tons per 1 USDm)

Netflix's carbon footprint

Netflix reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2020 at 31 Kt (-21 /-40.4% y-o-y). Also positively, carbon intensity declined to 1.2 t (-1.4 /-53.8% y-o-y).

Netflix's Scope 3 emissions declined to 1,068 Kt (-167 /-13.5% y-o-y).

The company is committed to reducing Scope 1 + 2 by 45% by 2030 from a base year 2019, which it appears to have already achieved as of 2020. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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