Spotify

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Owned	SWE
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Music streaming service

Swedish digital music service started in 2008 by Spotify AB. Spotify Technology SA operates as the parent company registered in Luxembourg, while Spotify AB handles research and development in Stockholm. In 2017, the company has 43 million paid subscribers, making it the biggest paid streaming service in the world. It also had 70 million ad supported listeners in 2015.

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PRAISE	CRITICISM	INFORMATION
Spotify Technology SA
	D rating at ClickClean.org Greenpeace's 2017 report 'Clicking Clean' looks at the energy footprints of large data centre operators and popular websites and applications, and calls on these companies to power their data centres on renewable energy. Companies are graded (A,B,C,D,F) on their commitment to and procurement of renewable energy, as well as energy efficiency, transparency and advocacy. This company's final grade was D. [Source 2017][More on Climate Change] Tax avoidance This company scores Ethical Consumer's worst rating for the likely use of tax avoidance strategies, and has at least two high risk subsidiaries in tax havens. [Source 2018][More on Finance]

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