Spotify
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 March 2024, the company had over 615 million monthly active users, including 239 million paying subscribers.

Overall

Owned SWE
Rating F
About the Ratings
Spotify Technology SA
SWE

Company Assessment

(Last updated Jul 2024)
Spotify Technology SA
Criticism
4/20 in Social Benchmark
The 2024 Social Benchmark assesses the world's 2,000 most influential companies on their responsibility in meeting society's fundamental expectations towards three measurement areas: respecting human rights, providing decent work, and acting ethically. This company was assessed in 2023 and received a score of 4/20. The average score was an alarmingly low 4.6/20 and the highest score was 15.5/20.
22/100 S&P Global ESG Score
This company received an S&P Global ESG Score of 22/100 in the Media category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). 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.
25.6% in Digital Inclusion Benchmark
The 2023 Digital Inclusion Benchmark ranks 200 companies on their responsibility to advance a more inclusive digital society. The companies were assessed using four measurement areas: access, skills, use and innovation. This company ranked #118/200, with a total score of 25.6/100.
Information
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. [Listed under Information due to age of report]
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Company Details

Type:
Public company
Founded:
2008
Revenue:
13.25 billion EUR (2023)
Employees:
7,721 (2024)
Subsidiaries:
Spotify Australia Pty Ltd
Digital music service
Sales and advertising in Australia for Sweden based Spotify AB.

Contact Details

Address:
Stockholm, Sweden
Website:
www.spotify.com

Products / Brands

Spotify
Spotify Music Streaming