Net zero emissions targeted by 2022
Netflix aspires to entertain the world, but that requires a habitable world to entertain.
Scientists around the world agree we need to stabilise the climate at no more than a 1.5ºC temperature rise.
To help reach this goal. Netflix has announced “Net Zero + Nature,” a plan to achieve net zero greenhouse gas emissions by the end of 2022.
The Net Zero + Nature plan requires three steps: reduce, retain, and remove.
REDUCE Scope 1 and 2 emissions by 45% by 2030 based on the Science-Based Targets Initiative Guidance.
RETAIN existing carbon storage by investing in projects that prevent carbon from entering the atmosphere to neutralise unavoidable emissions, starting with a conservation of at-risk tropical forests. Lastly, REMOVE carbon from the atmosphere.
By year-end 2022, Netflix will incorporate investment in the regeneration of critical natural ecosystems to achieve net zero such as restoring grasslands, mangroves, and healthy soils.
Netflixs’ emissions – In 2020, Netflix’s carbon footprint was 1,100,000 metric tons.
Roughly 50% of that footprint was generated by the physical production of Netflix-branded films and series, while 45% comes from the corporate operations (such as the offices) and purchased goods (such as our marketing spend).
The other 5% came from usage of cloud providers and the content delivery network.
The Story of Sustainability – When it comes to entertainment, sustainability is an epic story creators are already telling.
In 2020, 160 million households around the world chose to watch at least one film or show on Netflix that helped viewers better understand sustainability issues from Our Planet and My Octopus Teacher.
Read a blog post by Emma Stewart, Ph.D., Netflix Sustainability Officer https://about.netflix.com/en/news/net-zero-nature-our-climate-commitment