Potential offtaker

Netflix

ir.netflix.com

Estimated electricity consumption

N/A

Countries of production presence

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Netflix is a leading streaming service provider that has revolutionized the entertainment industry. The company was founded in 1997 by Reed Hastings and Marc Randolph in California, USA. Since its inception, Netflix has grown to become a global brand with over 200 million subscribers in more than 190 countries. The company's mission is to entertain the world by providing high-quality content that is easily accessible to everyone.

Netflix operates in the Other-News/Sport/Entertainment Web sector, which is a highly competitive industry. The company's success can be attributed to its innovative business model, which focuses on providing personalized content to its subscribers. Netflix has invested heavily in technology and data analytics, which enables it to offer a wide range of content that caters to the diverse needs of its subscribers.

As a global company, Netflix is committed to sustainability and decarbonisation. The company recognizes the impact of its operations on the environment and is taking steps to reduce its carbon footprint. Netflix has set a target to achieve net-zero greenhouse gas emissions by 2022. To achieve this goal, the company is focusing on reducing its energy consumption and increasing its use of renewable energy.

One of the ways Netflix is reducing its carbon footprint is by investing in corporate energy. The company has implemented energy-efficient measures in its data centers, which are responsible for streaming its content. Netflix has also partnered with energy providers to source renewable energy to power its operations. The company has signed several corporate power purchase agreements (PPAs) with renewable energy providers, which enable it to purchase renewable energy at a fixed price for a set period.

Netflix has also invested in renewable energy projects to support the decarbonisation of the energy sector. The company has supported the development of wind and solar energy projects in the United States and Europe. By investing in renewable energy, Netflix is not only reducing its carbon footprint but also contributing to the transition to a low-carbon economy.

In addition to its sustainability efforts, Netflix is also committed to promoting diversity and inclusion in its operations. The company has implemented policies to ensure that its workforce is diverse and inclusive. Netflix has also produced content that promotes diversity and inclusion, such as the series "Dear White People" and "Orange is the New Black."

Netflix's commitment to sustainability and diversity has earned it recognition from various organizations. In 2020, the company was ranked 23rd on the Corporate Knights Global 100 Most Sustainable Corporations in the World list. Netflix was also recognized as one of the Best Places to Work for LGBTQ Equality by the Human Rights Campaign Foundation.

In conclusion, Netflix is a global brand that has revolutionized the entertainment industry. The company's innovative business model, which focuses on providing personalized content to its subscribers, has made it a leader in the Other-News/Sport/Entertainment Web sector. Netflix is also committed to sustainability and decarbonisation, and has set a target to achieve net-zero greenhouse gas emissions by 2022. The company is investing in corporate energy and renewable energy projects to reduce its carbon footprint and support the transition to a low-carbon economy. Netflix's commitment to sustainability and diversity has earned it recognition from various organizations, making it a role model for other companies in the industry.

✓ Science Based Targets member
✓ Declared Net Zero commitment