Music streaming services
Launched in 2014, Tidal is an entertainment platform built for fans directly from artists around the world to create a more sustainable model for the music industry. The subscription based, artist owned, streaming service is available in over 56 countries, with 70 million songs and 250,000 videos. Bought by rapper Jay Z in 2015, who sold a majority stake to Square Inc in 2021. Tidal has less than 1% of the music streaming subscribers worldwide.
| Block Inc
owns 51% of Aspiro AB
|No assessment data currently available for Aspiro AB|
As You Sow's 2022 report, 'Road to Zero Emissions', assessed the progress of 55 of the largest U.S. corporations in reducing greenhouse gas (GHG) emissions in line with the Paris Agreement's objective of limiting global average temperature rise to 1.5 degrees Celsius above pre-industrial levels, which requires achieving "net zero" emissions by 2050. Companies are graded on: climate related disclosures; GHG reduction targets, and GHG reductions. This company received an Overall Net Zero grade of F.
Source: As You Sow (2022)
This company received an S&P Global ESG Score of 18/100 in the TSV IT services category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 16 Dec 2021). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
In 2018 this company agreed to pay US$2.2 million to settle a class-action lawsuit involving its on-demand food delivery service, Caviar for customers who ordered food between January 20, 2012 and August 31, 2015. The lawsuit claimed Square collected gratuities from customers but didn't pass on that money to the delivery drivers. Square disputes those claims.
Source: TechCrunch (2018)
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked 319th of 954 companies, and 19th of 43 Commercial Support Services companies.
Source: JUST Capital (2022)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2020)
|Revenue||47.2 million USD (2015)|
|Address||New York, New York, USA|
Products / BrandsAspiro
Tidal Music Streaming