Spotify's Climate Change Impact: E
Becoming carbon-free is one of many ways to become an eco company.
If Spotify was to become a carbon-negative company will not only cover its outgoing carbon dioxide production, but remove more than its total output.
It is estimated that globally we are required to invest around USD 60 trillion to decarbonise. If every company, including Spotify was able to fund (in part) something towards climate change as we must reduce greenhouse gas (GHG) emissions worldwide.
Spotify has pledged to use 100% green renewable energy since 2020. In line with the Paris Agreement, globally we need to cut the total amount of greenhouse gas emissions.
Spotify has not pledged to be a carbon neutral company. It is important that every company takes climate action seriously to help tackle climate change.
What do we know about Spotify's stance on tackling climate change?
Based on the information publicly announced, we already know that Spotify is at the very least climate positive. This at a minimum is a good first step. However, it means next to nothing if Spotify do not put any climate action forward, in the way of goals and deadlines.
What business sectors are Spotify in?
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