Spotify

OVERALL
Owned	SWE
Rating

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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Company Assessment

PRAISE	CRITICISM	INFORMATION
Spotify Technology SA
	16/100 S&P Global ESG Score This company received an S&P Global ESG Score of 16/100 in the Media category of the 2019 SAM Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices. 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 (2019) 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: Greenpeace (2017)

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Company Details

Type	Private company
Revenue	US$2.2 billion in 2016
Employees	2000 in 2016
Subsidiaries	Spotify Australia Pty Ltd  Digital music service Sales and advertising in Australia for Sweden based Spotify AB.

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