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.
|Spotify Technology SA||SWE||website|
|Spotify Technology SA|
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 2019][More on Sustainability Reporting]
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]
|Company Structure||Private company|
|Revenue||US$2.2 billion in 2016|
|# Employees||2000 in 2016|
|Subsidiaries||Spotify Australia Pty Ltd|
Products / BrandsSpotify
Spotify Music Streaming