Spotify Technology SA
Industry Group: Software & Services
Country/Region: Luxembourg
Identifier: NYS:SPOT
Spotify is the leading global music streaming service provider, with over 600 million monthly active users and 250 million paying subscribers, with the latter comprising the firm’s premium segment. Most of the firm’s revenue and nearly all its gross profit come from the subscribers, who pay a monthly fee to access a very comprehensive music library that consists of most of the most popular songs ever recorded, including all from the major record labels. The firm also sells separate audiobook subscriptions and integrates podcasts within its standard music app. Podcast content is not exclusive and is typically free to access on other platforms. Ad-supported users can access a similar music catalog but cannot customize a similar on-demand experience.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Software & Services 500 out of 962
Universe
Global Universe 5814 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
| Company | ESG Risk Rating | Industry Rank |
|---|---|---|
| Prosus NV |
15.7
Low
|
115 out of 962 |
| DoorDash, Inc. |
21.9
Medium
|
477 out of 962 |
| Spotify Technology SA |
22.3
Medium
|
500 out of 962 |
| The Trade Desk, Inc. |
22.4
Medium
|
504 out of 962 |
| Airbnb, Inc. |
23.7
Medium
|
631 out of 962 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
How do the ESG Risk Ratings work?
Top Material ESG Issues for Spotify Technology SA
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Spotify Technology SA's ESG Risk Rating in the last three years
Highest Controversy Level
Contributing Events
Highest Controversy Events Locations
