exo-is/governance-reporting-on-listed-companies huggingface dataset:
Keyword: governance
Governance — Tax practices 
Global Tax Principles 
GRI 302: 
Energy 2016 
302-1 Energy consumption within 
the organization 
2023 CDP Climate Change Questionnaire response 
Environment — Operational environmental footprint 
Data table — Environmental, pages 76-77 
GRI 303: Water and 
Effluents 2018 
303-5 Water consumption 
2023 CDP Climate Change Questionnaire response 
GRI 305: 
Emissions 2016 
305-1 Direct (Scope 1) GHG emissions 
2023 CDP Climate Change Questionnaire response 
Environment — Operational environmental footprint 
Data table — Environmental, pages 76-77 
Appendix — Assurance letters 
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas (GHG) Protocol Corporate Accounting and Report
Keyword: governance
GOVERNANCE 
DATA TABLES 
APPENDIX  
GRI ST
 
ANDARD 
DISCLOSURE 
GRI 305: 
Emissions 2016 
305-2 Energy indirect (Scope 2) 
GHG emissions 
Appendix — Assurance letters 
Environment — Operational environmental footprint 
2023 CDP Climate Change Questionnaire response 
World Resources Institute (WRI)/World Business Council for Sustainable Development (WBCSD) Greenhouse Gas (GHG) Protocol Corporate Accounting and Reporting 
Standard (Scope 1 and 2) 
WRI/WBCSD Greenhouse Gas Protocol Corporate Value Chain (Scope 3) Accounting and Reporting Standard (Scope 3) 
305-3 Other indirect (Scope 3) 
GHG emissions 
Environment — Operational environmental footprint; Data table — Environmental, pages 76-77 
2023 CDP Climate Change Questionnaire response 
Appendix —
Keyword: governance
GOVERNANCE 
DATA TABLES 
APPENDIX  
GRI ST
 
ANDARD 
DISCLOSURE 
GRI 401: 
Employment 2016 
401-1 New employee hires and 
employee turnover 
Data table — Social, pages 78-84 
Our people — Our approach; Talent attraction 
Appendix — Assurance letters 
2023 Form 10-K 
401-2 Benefits provided to full-time 
employees that are not provided to 
temporary or part-time employees 
Our people — Rewards, benefits and well-being 
2023 Proxy Statement 
2023 Form 10-K page 18; 91-93 
Life at Mastercard 
401-3 Parental leave 
Our people — Rewards, benefits and well-being 
Life at Mastercard 
GRI 403: 
Occupational Health 
and Safety 2018 
403-1 Occupational health and safety 
management system 
Our people — Workplace experience, Rewards, benefits and well-being 
20
Keyword: governance
405-1 Diversity of governance bodies and 
employees 
Introduction — Our ESG governance 
Data table — Social, pages 78-84 
405-2 Ratio of  basic salary and remuneration  
of  women to men 
Introduction — Our ESG strategy; Our people — Equity and inclusion in the workplace 
Data table — Social, pages 78-84 
GRI 413: Local 
Communities 2016 
413-1 Operations with local community 
engagement, impact assessments, and 
development programs 
Communities — Financial inclusion, Inclusive product design, Community giving and volunteerism; Suppliers — Responsible sourcing 
2023 Form 10-K 
2023 Proxy Statement 
2023 Sustainability Bond Report 
Political Activity and Public Policy Statement 
GRI 414: 
Supplier Social 
Assessment 2016 
414-1 New suppliers that were screened 
using s
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Suppliers — Responsible sourcing; Communities — Human rights; Governance — Ethics and compliance 
GRI 415: Public 
Policy 2016 
415-1 Political contributions 
Governance — Policy engagement and political activity 
Archived Political Activity Disclosures 
Political Activity and Public Policy Statement
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GOVERNANCE 
DATA TABLES 
APPENDIX  
Task Force on Climate-related Financial Disclosures 
(TCFD) index 
In line with TCFD’s recommendations, we publicly disclose our climate-related information through our annual CDP Climate Change Questionnaire response. We have provided a table mapping TCFD’s 
disclosure recommendations to our ESG report and CDP responses. 
TCFD CORE ELEMENT 
TCFD DISCLOSURE REQUIREMENT 
 
 
 (SHORT) 
LOCATION 
Governance 
Degree of board oversight 
Environment — Our approach; Our ESG governance 
2023 CDP Climate Change Questionnaire response: C1.1b 
Management’s role 
Environment — Our approach; Our ESG governance 
2023 CDP Climate Change Questionnaire response: C1.2 
Strategy 
Climate-related risks and opportunities 
Environment —
Keyword: governance
Climate resilience; Our ESG governance — Application of our enterprise risk management framework for ESG 
2023 CDP Climate Change Questionnaire response: C2.1a; C2.3, C2.3a; C2.4, C2.4a 
Impacts of risks and opportunities 
Environment — Climate resilience 
2023 CDP Climate Change Questionnaire response: C2.3a; C2.4a; C3.1; C3.2a; C3.3; C3.4 
Resilience of the organization’s strategy 
Environment — Climate resilience 
2023 CDP Climate Change Questionnaire response: C3.2, C3.2a 
Risk management 
Climate risk identification process 
Environment — Climate resilience; Our ESG governance — Application of our enterprise risk management framework for ESG 
2023 CDP Climate Change Questionnaire response: C2.1; C2.2, C2.2a 
Climate risk-management process 
Environment — Climate resilience
Keyword: governance
; Our ESG governance — Application of our enterprise risk management framework for ESG 
2023 CDP Climate Change Questionnaire response: C2.1; C2.2 
Integration with other risk-management processes 
Environment — Climate resilience; Our ESG governance — Application of our enterprise risk management framework for ESG 
2023 CDP Climate Change Questionnaire response: C2.1; C2.2 
Metrics & targets 
Identify risk-assessment metrics 
Environment, pages 13-27; Data Table — Environmental 
2023 CDP Climate Change Questionnaire response: C4.2, C4.2a, C4.2b 
Identify GHG emissions 
Environment — Operational environmental footprint; Data Table — Environmental 
2023 CDP Climate Change Questionnaire response: C6.1; C6.3; C6.5 
Identify targets and risk metrics 
Environment,
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governance
Leadership messages
Executive summary
How we operate
What we create
Data index
10
We are in the business of building better realities — and not just virtual ones. We are working in 
partnership with others to scale inclusive solutions that support the transition to a zero-carbon 
economy and help create a healthier planet for all.
Sustainability vision
2024 Sustainability Report
Leadership messages
Executive summary
How we operate
What we create
Data index
11
We see our role as protecting people and the planet 
through responsible operations — reducing our 
emissions and the energy and water used to power our 
data centers that enable access to our technologies — 
while protecting workers and the environment in  
our supply chain. 
We set
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collection process, improving data governance  
and enabling us to quickly measure and manage  
our emissions.
 
We also improved our ability to measure and reduce 
the emissions from our data center hardware 
through an innovative approach for estimating server 
component emissions. Calculating emissions at the 
component-level is a challenge because many of the 
companies manufacturing source materials do not 
have the scale or resources to quantify and track  
GHG metrics. As a response, we developed a 
methodology to estimate and track the carbon 
emissions of hundreds of millions of components  
in our data centers. 
The methodology incorporates component-level, 
cost-based estimates and resource-intensive 
Life Cycle Assessments (LCAs). We complement 
calculations with internal
Keyword: governance
governance structure. We are committed to 
sound corporate governance practices and 
encouraging effective, efficient and climate-
informed policy- and decision-making.
Climate risks 
and resilience
2024 Sustainability Report
Leadership messages
Executive summary
How we operate
What we create
Data index
45
2024 Sustainability Report
We are partnering with the Center for Climate 
and Energy Solutions (C2ES), Resilience First and 
Resilience Rising to co-design and implement the 
Corporate Climate Resilience Pathways Initiative↗, 
a multiyear initiative to establish a robust business 
framework that enables companies to build climate 
resilience, disclose corporate actions and track 
leadership and impact. 
We have also partnered with the World Busines
Keyword: governance
into organizational strategy, governance and 
operations. We are already using these resources 
across Meta to further operationalize climate 
risk, adaptation and resilience and embed climate 
considerations within our governance structure, 
business strategy, risk management processes and 
metrics and targets.
HOW WE COLLABORATE:
Supporting climate resilience
To understand the impacts we may experience 
in the near-, medium- and long-term under 
variety of future climate scenarios we conduct 
ongoing transition and physical risk and 
opportunity assessments across our operations, 
infrastructure and supply chain. This helps us 
take the right measures to enhance our adaptive 
capacity and resilience to these risks. 
Our findings show our most noteworthy 
risks to be: 
•	
Transi
Keyword: governance
governance (ESG) and climate data and tools to support their investment decision-
making. At MSCI, we believe we can speed progress toward a more sustainable planet 
through our ESG and climate solutions and our actions as a firm.  
 
This report, along with the included index, provides visibility into how we are working to 
reduce our own carbon footprint. MSCI has recently taken steps to further integrate 
awareness of climate-related risks and opportunities into our business: 
 
 
 
1 
This report contains information about MSCI that may include estimates, projections and statements relating to 
our business plans, objectives or expected operating results and statements regarding corporate responsibility and 
climate-related plans and goals that a
Keyword: governance
GOVERNANCE 
C1.1, C1.1a, C1.1b 
(Board level 
oversight)  
To ensure compliance and accountability for delivery of 
the plan’s ambitions, board-level oversight is crucial in 
steering business strategy towards a 1.5°C aligned 
trajectory. 
 
C1.1d (Board 
expertise on 
climate related 
issues) 
Addressing climate change requires specific expertise 
related to climate change and its impacts, and the 
potential direct and indirect effects on the business. 
Ensuring this capability within existing governance 
structures indicates an organization’s competence in 
delivering on its climate transition plan and increases the 
chance of success. 
 
C1.2, C1.2a (Senior 
management 
accountability & 
feedback 
mechanism) 
Senior management have responsibility
Keyword: governance
Governance 
Governance 
Scenario Analysis 
Strategy 
Financial Planning 
Strategy 
Value Chain Engagement & Low Carbon 
Initiatives 
Strategy 
Policy Engagement 
Strategy 
Risk & Opportunities 
Risk Management 
Targets 
Metrics & Targets 
Scope 1, 2 & 3 Accounting with 
Verification 
Metrics & Targets 
 
 
Notes below:  
• 
Carbon emissions metrics for 2019, 2020 and 2021 have been verified with limited 
assurance. Subsequently, 2019 and 2020 emissions have been re-baselined for MSCI’s 
2021 acquisition of Real Capital Analytics. Our carbon metrics may differ from those 
previously published due to retroactive recalculations made in accordance with the GHG 
Protocol.* 
*Greenhouse Gas Protocol A Corporate Accounting and Reporting Standard REVISED EDI
Keyword: bribe
contractors to abide by global anti-corruption and anti-bribery 
laws. We provide regular training on compliance with this policy, 
in addition to conducting regular and ongoing risk assessments. 
A copy of our practices and policies, which includes the Global 
Anti-Corruption Policy and Code of Ethics, has been translated 
into numerous languages and remains available to all employees 
throughout their employment with us. 
Other areas of focus include commitments to compliance with 
applicable government mandated sanctions regimes (with 
leadership provided by a designated Sanctions Compliance 
Officer) as well as compliance with human rights legislation 
(e.g., the UK Modern Slavery Act35).
35 UK Modern Slavery Act Statement Available on our IR Website
Corporate Governance
Enterprise Risk
Ethics and
Keyword: corruption
Our Global Anti-Corruption Policy requires our employees and 
contractors to abide by global anti-corruption and anti-bribery 
laws. We provide regular training on compliance with this policy, 
in addition to conducting regular and ongoing risk assessments. 
A copy of our practices and policies, which includes the Global 
Anti-Corruption Policy and Code of Ethics, has been translated 
into numerous languages and remains available to all employees 
throughout their employment with us. 
Other areas of focus include commitments to compliance with 
applicable government mandated sanctions regimes (with 
leadership provided by a designated Sanctions Compliance 
Officer) as well as compliance with human rights legislation 
(e.g., the UK Modern Slavery Act35).
35 UK Modern
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Social Governance 
Report 2022
2
Netflix ESG Report 2022
Table of 
contents
Introduction
A Letter From our co-CEOs
03
About Netflix
04
Our Approach to ESG
05
Our Progress
06
Environment
09
Sustainability Strategy
10
Sustainability in Our Operations and Value Chain
13 
Netting Remaining Emissions to Zero
28
Sustainability in Storytelling
31
Climate Risk
33
Social
36
Inclusion and Diversity
37
Responsible Products
50
Governance
54
Corporate Governance
55
Enterprise Risk
60
IP Protection and Data Piracy
60
Ethics and Compliance
61
Appendix
62
Environment
Governance
Social
Introduction
Appendix
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Netflix ESG Report 2022
A letter from our co-CEOs
At Netflix, we aspire to entertain the world — and to do so sustainably and 
responsibly. You can read the full detai
Keyword: governance
Environmental, Social and Corporate Governance (ESG) Report published 
today. But we wanted to highlight three areas upfront: 
First, the environment: The next decade is critical if we’re to manage 
climate change sustainably. It’s why Netflix has committed to halving our 
emissions by 2030. We will do this by optimizing our energy use, then 
electrifying it and decarbonizing the rest.
Second, inclusion: Netflix is becoming more representative of the 
members we serve. We now have offices in over 25 countries. Almost half 
of our employees are women and, in the US, 50% are from historically 
excluded ethnic and/or racial backgrounds. We’re also seeing increased 
representation on and off screen — with significantly more female directors 
and showrunners, and more people of color in lea
Keyword: governance
Third, governance: Our business model is well proven and Netflix is a 
leader in streaming entertainment in terms of engagement, revenue and 
profit. So we’re evolving to a more standard large-cap governance 
structure, including the phased declassification of our board, the 
elimination of supermajority voting provisions and changes to our 
executive compensation program from 2023 onwards. 
Over the last 25 years, we’ve worked hard to create long term value for our 
stakeholders — in particular members, shareholders and the creative 
community. While we’ve made good progress, there’s still more to do. For 
example, most of our carbon emissions come from our productions, which 
require a lot of power — often in remote locations — and are still heavily 
foss
Keyword: governance
Governance
Social
Introduction
Appendix
4
Netflix ESG Report 2022
At Netflix, we aspire to entertain the world — 
so whatever your taste, and wherever you live, 
we’ll have something great to watch or play, all 
in one subscription. 
About Netflix
¹ As of December 31, 2022,  2022 Annual Report (Form 10-K)
Environment
Governance
Social
Introduction
Appendix
Our Approach to ESG
Our Environmental, Social and Governance (ESG) framework is 
informed by relevant reporting frameworks — including 
Sustainability Accounting Standard Board (SASB), Global Reporting 
Initiative (GRI) and Task Force on Climate-Related Financial 
Disclosures (TCFD). 
The Netflix Board of Directors oversees the Company’s ESG 
efforts and receives regular updates from management in
Keyword: governance
Environment, Social and Governance. 
Environment
Social
Inclusion and Diversity
Supporting our People
Responsible Products
Governance
Corporate Governance
Enterprise Risk Management
Ethics and Compliance
Intellectual Property Protection
Sustainability Strategy
Climate Risk 
Sustainability On and Off Screen
5
Netflix ESG Report 2022
Environment
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Social
Introduction
Appendix
6
Netflix ESG Report 2022
2 All data points are for the 2022 calendar year unless otherwise noted.
3 “Value Added” is a term used by SBTi. For Netflix, this is synonymous with “Gross Profit,” derived from subtracting “Cost of Revenues” from “Total Revenue” for the 
business, per our public financial statements.
Environment
We are on track to meet our public sustainability commitments — 
includin
Keyword: governance
See below for a glimpse, or “highlights reel”, of our continued progress in 2022 on environmental, social and governance topics.2
Environment
Governance
Social
Introduction
Appendix
7
Netflix ESG Report 2022
4 More information about how the USC Annenberg Inclusion Initiative defines this term is available in their full report about the study. 
Our Progress
See below for a glimpse, or “highlights reel”, of our continued progress in 2022 on environmental, social and governance topics.
Social
As our third Inclusion Report showed:
In addition, we continue to invest in the Netflix Fund for Creative 
Equity, which helps increase opportunities within the 
entertainment industry.
Our employee giving program provides a 2:1 match on employee 
donations. In 2022, Netflix and our employees donated $34 
million to over 5,000 charities worldwide. 
We have now added disclo
Keyword: governance
Governance
Social
Introduction
Appendix
8
Netflix ESG Report 2022
Governance
Our Progress
See below for a glimpse, or “highlights reel”, of our continued progress in 2022 on environmental, social and governance topics.
At our 2022 annual meeting, stockholders approved a board 
proposal to make significant changes to our corporate 
governance, including: 
We’ve also adopted a majority voting standard in uncontested 
director elections and evolved our co-CEO compensation 
program for 2023. This includes: a CEO salary cap; 
performance-based annual cash bonus; and a minimum 50% of 
compensation allocated to stock options with one year vesting.
In the last year, Netflix executives have met shareholders 
representing around 51% of our outstanding shares t
Keyword: governance
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Introduction
Appendix
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Netflix ESG Report 2022
To entertain the world, we need a habitable planet to 
entertain. We’re working to make our operations 
more sustainable, including behind the camera, and 
to support creators who want to highlight 
sustainability on screen.
Environment
Environment
Governance
Social
Introduction
Appendix
10
Netflix ESG Report 2022
Sustainability Strategy
Key is decarbonizing our operations and value chain, which 
includes the making of our films and series. To help us meet this 
challenge, we created an advisory group, including scientists and 
other experts. This group is unpaid and entirely independent (full 
list available at sustainability.netflix.com). 
Sustainability Strategy
Sustainability in Ou
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Introduction
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Netflix ESG Report 2022
Scope 1 
“Fuel”8
Scope 2
“Electricity”9 
Scope 3
“Value Chain”10
Energy 
Efficiency
Electric 
Vehicles
Clean Mobile 
Power
Energy 
Efficiency
Renewable 
Energy
Supplier 
Incentives
Demand 
Signaling
Technology 
Accelerators
Educational 
Offerings
NETFLIX EMISSION REDUCTION ACTIONS
TARGET
TERMINOLOGY
46% by 2030
absolute reduction
55% by 2030
Intensity reduction
(million $ value added)
Our “Sphere of 
Control”
Absolute 
Reduction Goal
Our “Sphere of 
Influence”
Intensity 
Reduction Goal
Decarbonization Target
8 Scope 1: fuel consumed for our self managed productions, company-owned transportation and building heating
9 Scope 2: electricity we purchase for our Open Connect systems and in
Keyword: governance
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Introduction
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Netflix ESG Report 2022
Our sustainability strategy is aligned with the ISO Net Zero 
Guidelines (IWA 42:2022) developed by the International 
Organization for Standardization, which recently published a 
testimonial about Netflix. These guidelines, which are designed to 
be universally applicable, were developed with input from over 
1,200 global experts from 100+ countries11, and among other 
criteria, require:
Alignment with ISO NetZero Guidelines
Emissions Reduction: Taking immediate action to maintain the 
climate at 1.5 degree celsius — i.e., approximately halving global 
emissions by the end of the decade and achieving global net zero by 
2050 at the latest. 
Counterbalancing Residual Emissions: Inves
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Introduction
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Netflix ESG Report 2022
To meet these objectives we are focused on four key levers:
Climate Transition Plan
Energy Efficiency: Identifying cost-effective efficiency 
improvements for energy used in our offices and studios;
Vehicle Electrification: Transitioning from vehicles that use fossil 
fuels to fully electric and/or hydrogen powered alternatives; 
Clean Mobile Power: Using alternatives to diesel generators on 
productions; and
Renewable Energy: Using renewable electricity and fuels.
We approach these four levers using an OED framework — i.e., first 
optimizing energy use, then electrifying it and decarbonizing the rest. 
●
Optimize (O): We are conducting energy efficiency audits, 
including for our sta
Keyword: governance
Governance
Social
Introduction
Appendix
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Netflix ESG Report 2022
Maximizing the solutions available today, while accelerating the 
market for tomorrow’s solutions, is also imperative. While energy 
efficiency and renewable energy solutions are cost-effective and 
can be deployed at scale now, clean mobile power and EVs are 
more nascent technologies. As a result they will deliver most of 
their respective emissions reductions for Netflix in the latter half 
of this decade. Refer to the Energy Efficiency, Renewable Energy 
and Clean Mobile Power sections below. Each year, we continually 
develop and further refine our 2030 Science-Based Target 
transition strategy. The following chart illustrates our current 
planned path to our Scope 1 and 2 target
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Introduction
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Netflix ESG Report 2022
We measured our 2022 greenhouse gas emissions (i.e., carbon 
footprint) using the Greenhouse Gas Protocol14. This helps us 
understand our largest sources of emissions and the biggest 
opportunities we have to reduce them. Our independent 
accountants, Ernst & Young (EY), reviewed our 2022 Scope 1, 2 
and 3 greenhouse gas emissions (location- and market-based). 
Their report and assurance letter is here.
Our Carbon Footprint
14 Refer to the appendix for details about our greenhouse gas emissions inventory methodology, footprint 
boundaries and data management process. 
Our footprint, reductions and related data are represented in four 
separate tables throughout the environment sectio
Keyword: governance
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Introduction
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Netflix ESG Report 2022
GREENHOUSE GAS INVENTORY
SCOPE 1
SCOPE 2
(market-based)
SCOPE 2
(location-based)
SCOPE 2
(target-based)
SCOPE 1+2
(market-based)
SCOPE 1+2
(target-based)
SCOPE 3
(market-based)
TOTAL
(market-based)
CARBON CREDITS
51,487
565
26,594
26,317
52,052
77,804
1,192,659
1,244,711
(35,506)
30,883
141
28,585
29,356
31,024
60,239
1,020,541
1,051,564
(54,107)
62,815
0
42,291
31,937
62,815
94,752
1,466,497
1,529,312
(1,529,312)
59,388
0
41,411
23,622
59,388
83,010
1,086,833
1,146,221
(1,146,221)
2019 MTCO2e
2020 MTCO2e
2021 MTCO2e
2022 MTCO2e
BIOGENIC EMISSIONS
Renewable Fuels
(e.g., renewable diesel, 
sustainable aviation fuel)
2019 MTCO2e: 0
2020 MTCO2e: 0
2021 MTCO2e: 1,007
2022 MTCO2e: 2,033
Su
Keyword: governance
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Introduction
Appendix
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Netflix ESG Report 2022
Over half of our emissions (all scopes) are related to the 
production and licensing of films, series and games 
(“production”). The second largest source of emissions is in 
our corporate operations (“corporate”), followed by our data 
center providers (“streaming”).
CARBON FOOTPRINT COMPONENTS
Netflix’s 2022 
Carbon Footprint 
by Business 
Activity
38%
59%
3%
Streaming
Production
Corporate
Emissions Reductions
We track progress against our Scope 1 and 2 emissions target using 
target-based emissions figures noted in the carbon footprint table 
above. Target-based emissions only account for emissions 
reductions resulting from specific decarbonization actions and those 
related to di
Keyword: governance
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Introduction
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Netflix ESG Report 2022
2022 SCOPE 1 AND 2 EMISSIONS REDUCTIONS TABLE16
2021
0
0
3,869
3,612
5,702
174
717
10
7
12
0
0
85
22
14,210
2022
162
51
9,452
5,705
6,764
295
1,738
75
52
31
4
967
127
81
25,504
Sub-Lever
Equipment & Controls Improvements
Right-Sizing Diesel Generators
Utility-Supplied Renewable Energy
Landlord-Supplied Renewable Energy
Streaming Partners Renewable Energy
Sustainable Aviation Fuel
Renewable Diesel
Electric Vehicles
Plug-in Hybrid
Hybrid Vehicles
Hybrid Systems
Grid Tie-In
Batteries
Hydrogen Systems
Total
Action
Energy Efficiency
Renewable Energy 
(electricity and fuel)
Electric (and other 
low-carbon) Vehicles
Clean Mobile Power
16 There is no reporting guidance from the SBTi on tracki
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Netflix ESG Report 2022
Reducing Emissions in the Workplace
In 2022, we completed energy efficiency audits at our major 
facilities across North America. Except for Albuquerque Studios in 
New Mexico and the Egyptian Theater in Los Angeles, Netflix does 
not own the facilities in which we operate. This makes the 
immediate implementation of the audit recommendations more 
challenging. So we engaged with our landlords in the US and have 
begun to implement projects within our control at several of our 
offices and studios including: window replacements, temperature 
setbacks, lighting improvements and controls, heat pump installs, 
plug load controls, daylight sensor installs and equipment 
upgrades. We will
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Introduction
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Netflix ESG Report 2022
This year we partnered with Powertrust to bring 
high-impact distributed renewable energy 
projects to rural areas of India for the first time. 
This work is funded through distributed renewable 
energy certificates (D-RECs), a market instrument 
aligned to the International REC (I-REC) standard. 
These investments bring renewable energy to 
regions where it is needed most, thereby 
delivering maximal social and environmental 
benefits. Many of the projects we have invested in 
are bringing electricity to communities, and 
enabling others to rely less on small-scale fossil 
fuel generators. 
POWERTRUST PARTNERSHIP
Mon, Nagaland: This project has connected three villages in the state o
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Governance
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Introduction
Appendix
Netflix ESG Report 2022
RENEWABLE FUELS
We strive to implement zero-emissions solutions where we can. 
But we can also achieve meaningful reductions in the near-term 
through the adoption of renewable fuels that have significantly 
Reducing Emissions in 
the Workplace (continued) 
Production-related emissions account for 60% of our overall footprint, 
so we are focusing our efforts on: (1) using clean mobile power 
equipment versus diesel generators; and (2) using EVs and other low 
emissions vehicles. Over the course of 2022 we implemented these 
clean technologies on over 60% of the productions Netflix manages.
We employ sustainability experts who regularly visit production sites to 
identify opportunities to
Keyword: governance
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Appendix
22
Netflix ESG Report 2022
Using diesel generators has been an entertainment 
industry standard for a long time and effective 
cleaner alternatives have not been available at 
scale. Cleantech solutions are starting to emerge 
and they can replace some generators, or at least 
reduce the number of hours they need to run each 
day — saving fuel and reducing air and noise 
pollution on set. 
In the past year, over 50% of the productions 
Netflix manages incorporated clean mobile power 
solutions including grid tie-ins, mobile batteries, 
battery-hybrid generators, and hydrogen power 
units, resulting in fuel reductions that lowered 
emissions by 1,179 MTCO2e. This included the 
deployment of over 100 pieces of cl
Keyword: governance
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Introduction
Appendix
23
Netflix ESG Report 2022
Film and series productions take thousands of vehicles that until 
recently have been universally fossil-fuel powered. In the past 
year, over 30% of the productions Netflix manages incorporated 
electric, plug-in hybrid, and hybrid vehicles, totaling more than 
120 vehicles piloted in 2022 (a 3X increase in vehicles from 2021), 
resulting in fuel reductions that lowered emissions by 158 
MTCO2e (a 5X increase in reductions from 2021). These vehicles 
were deployed on productions in Los Angeles, London, New York, 
Toronto and Vancouver. 
From our pilots, we have learned that EV passenger vehicles can 
save productions money and fuel when provided to crew that have 
high daily mileage,
Keyword: governance
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Appendix
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Netflix ESG Report 2022
The film and television industry is over a century old and has 
been traditionally powered by fossil fuels. While we have set 
Netflix-specific climate targets, we can’t transition 
entertainment to a cleaner, low carbon industry alone. This is 
why we partner with other studios to ensure progress made 
by one benefits everyone — and because we believe 
collective actions will yield positive outcomes, faster. 
We do this through: 
INDUSTRY COLLABORATION
Sustainable production industry groups: 
Netflix is a member of several industry groups globally (e.g., Sustainable 
Production Alliance (global), BAFTA’s Albert (UK and global), Reel 
Green/On Tourne Vert/Ontario Green Screen (Canada)
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Sustainability Across the Value Chain
Purchased goods & services17 (PG&S) emissions, i.e., goods and 
services we buy from others, made up the majority of our 2022 
Scope 3 footprint, primarily related to film and series production. 
The next biggest Scope 3 Category in 2022 was business travel 
emissions18, which includes air travel, hotel stays and 
travel-related transportation, and accounts for <10% of our total 
Scope 3 emissions. Compared to last year, our overall Scope 3 
emissions decreased by about 25%. These emissions reductions 
can be attributed in part to a smaller volume of productions in 
2022 compared to 2021, which experienced a jump as COVID 
shutdowns eased. The red
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Carbon Trust’s white paper on the Carbon Impacts of Video 
Streaming determined that the use-phase emissions associated 
with data center and CDN operations are small (<1%) compared to 
the rest of the video streaming value chain.
Netflix partners with Amazon Web Services (AWS) for our data 
storage and cloud computation needs. AWS has a goal of using 
100% renewable energy by 2025. In 2022, AWS reported via their 
customer carbon footprint tool that our carbon footprint was 
reduced by approximately 98% compared to last year. This is due 
to AWS’s renewable energy usage and purchasing, and energy 
efficiency initiatives.
This trend is consistent with research findings, which show tha
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Because internet infrastructure (including data centers) are so 
widely shared by so many consumers across so many services, the 
energy consumption of this infrastructure for individual video 
streams is relatively efficient (i.e., ~10% of total use-phase 
streaming emissions). By contrast, the physical devices used by 
our members (wifi routers, streaming sticks, set top boxes, and 
displays) drive the most energy consumption and emissions 
(~89%). Even so, the total carbon footprint of streaming one hour 
of video is approximately 55 gCO2e (grams of carbon dioxide 
equivalents). This equates roughly22 to the emissions associated 
with microwaving four bags of popcorn, or three boil
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Netting Remaining 
Emissions to Zero
To supplement our decarbonization work, we delivered on our 
promise to net all remaining emissions to zero, across all three 
scopes, in 2022. We did this by investing in nature to retain and 
remove carbon (nature-based carbon credits) and match 
remaining electricity use to like-for-like renewable energy credits.
We align with the latest guidance from nine research, NGO and 
multilateral government institutions who conclude that, “in 
addition to cutting greenhouse gas emissions in company 
operations and across value chains, to help get the world on track 
for halving global emissions by 2030, all companies need to invest 
in protecting, managi
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2022 CARBON PORTFOLIO
Project Name
Mycorrhizal Inoculation 
Accelerated Reforestation 
Carbon Removal
Chyulu Hills 
REDD+ Project
Salvador da Bahia 
Landfill Gas Project
Bangladesh Gas 
Leak Reduction
Scott River Improved 
Forest Management
Country
Chile
Kenya
Brazil
Bangladesh
USA
Project Type
Removal: 
Reforestation
Retention:
REDD+
Methane 
Mitigation
Methane 
Mitigation
Removal:
IFM
Project Benefits
Advances biotechnology, 
biodiversity, local skilled jobs, 
soil rehabilitation
Biodiversity, drought 
prevention, education 
resources, local jobs and 
alternative livelihoods, strong 
local community governance
Reduced pollution, 
local skilled jobs
Reduced pollution, 
local skilled
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2022 CARBON PORTFOLIO (CONTINUED)
Country
Brazil
Mexico
Mexico
USA
Project Type
Methane 
Mitigation
Removal:
IFM
Removal:
IFM
Removal: 
Soil Carbon
Project Benefits
Reduced pollution, 
local skilled jobs
Biodiversity, 
local skilled jobs
Biodiversity, local skilled jobs, 
fire prevention and other 
forest health benefits
Biodiversity, local skilled jobs, 
soil health, fire prevention and 
other forest health benefits
Vendor
Climate Impact 
Partners
Cool Effect
Cool Effect
Indigo AG / 
Cool Effect
Total
Tonnes
26,832
19,530
17,170
1,100
1,146,221
ICOCO Community Based Reforestation
Project Name
Central de Resíduos do 
Recreio Landfill Gas 
Project (CRRLGP)
Los Bancos Community 
Based I
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Sustainability in 
Storytelling
In 2022, 165 million, or more than 70% of our members, chose to 
watch at least one story on Netflix that highlighted sustainability. 
We’ve curated over 200 of these series, films and specials into a 
Netflix collection: Sustainability Stories. The collection includes 
comedies like Don’t Look Up, documentaries like the Academy 
Award® winning The Elephant Whisperers and Our Great National 
Parks, to the mystery film Glass Onion: A Knives Out Mystery, 
fantasy sci-fi Sweet Tooth and political drama Borgen - Power and 
Glory, inspiring solutions in Down to Earth with Zac Efron, and 
family fare like The Sea Beast and Spirit Rangers. Visit the Netflix 
s
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Netflix has committed to expanding the use of EVs in shows and 
films we produce ourselves — and announced this in a 2023 Super 
Bowl ad with GM starring Will Ferrell. These titles will start to hit 
the service in 2023, including Murder Mystery 2, Virgin River 
Season 5 and more that will prominently feature EVs.
EVs ON SCREEN
Young people like myself view Netflix as a cherished form of 
entertainment but also as a source of education and 
inspiration. As more and more of our generation recognizes 
the implications of the climate crisis on our daily lives we feel 
hopeful when shows like The Crown tackle coal pollution, or 
when Zac Efron’s Down to Earth highlights new green 
technol
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Refer also to the TCFD index in the appendix to this report
Board: The Netflix Board oversees the Company’s 
ESG efforts, which includes sustainability, with the 
assistance of the Nominating and Governance 
Committee. They regularly receive updates on 
sustainability and enterprise risk management at 
Board meetings. 
Management: Our Chief Financial Officer (CFO) 
oversees management decisions related to our 
sustainability programs, which are led by our Netflix 
Sustainability Officer. Our Internal Audit team performs 
an annual company-wide enterprise risk assessment, in 
which climate risks are considered, and the findings of 
this assessment are shared with the Board annually. 
G
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RISKS
Description
Acute physical risks caused by disruption from 
wildfires, flooding and sea level rise could pose a 
threat to business continuity and an impact to 
productions in areas impacted by natural disasters. 
Regulatory impacts could impose additional costs 
and limitations on how we produce content and 
operate our service. 
Regulatory impacts on traditional energy sources 
could pose a risk on our license to operate and 
produce content (e.g., bans on diesel generators in 
desirable shooting locations) if new comparable 
technologies aren’t introduced in sufficient supply 
in time. 
Time Horizon
Short Term
Medium Term
Mitigation Strategy
We produce content all around the
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OPPORTUNITIES
Description
Energy efficiency in our operations. 
Optimization and electrification of our vehicle 
fleet across our operations, productions and in 
our supply chain.
Supporting entertaining and 
scientifically-informed content that raises 
environmental awareness.
Time Horizon
Short Term
Short Term
Medium Term
Business Strategy
Netflix conducts energy efficiency audits across our operations 
and long term lease facilities in order to reduce energy costs and 
emissions from inefficiencies in our built environment. Learn more 
in our Sustainability in Our Operations and Value Chain section.
Netflix is exploring various ways to optimize fleet use with our 
suppliers and swi
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Social
We are focused on a number of areas, including 
diversity and inclusion within Netflix, 
representation both behind and in front of the 
camera and the accessibility of our service.
Environment
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Inclusion & Diversity
If we are to serve audiences globally, we want an 
employee base that reflects our membership and a 
culture that enables those employees to do the best 
work of their lives. Our first inclusion report, published 
in 2021, looked at “representation within the company, 
how we plan to increase it and how we cultivate a 
community of belonging and allyship” — and we’ve 
been working to build on that ov
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0.3%
0.2%
1.3%
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Netflix ESG Report 2022
GENDER (GLOBAL)27
Across gender identities, women make up 
49.6% of our workforce and have the highest 
representation at Netflix, compared to 51.7% in 
2021. Women leadership (Directors and above) 
remained steady at 51.4% (vs. 51.2% in 2021). 
Men and additional gender identities28 remained 
flat at 45% and 1.3% respectively, compared 
to 2021. 
Representation Today
50%
40%
30%
20%
10%
0%
Women
Men
Additional 
Gender 
Identities
51.7%
49.6%
45.7%
45.0%
50%
40%
30%
20%
10%
0%
Women
Men
Additional 
Gender 
Identities
51.2%
51.4%
47.8%
45.6%
Global Gender Identity
All Job Levels
Director+
2021
2022
27 This data is based on a subset of our streaming employee population, r
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RACE/ETHNICITY (US)29
Over half of our US workforce (52.9%) is made up of people 
from one or more historically excluded ethnic and/or racial 
backgrounds, including Asian, Black, Hispanic or Latino/a/x, 
Middle Eastern or North African, Native American, and 
Pacific Islander30. 
Representation Today
29 In the US — where we collect and report race and ethnicity data — we had approximately 7,000 employees. 
Previously published results will differ due to changes in data collection methods that allow employees to share 
multiple self-identities (e.g., Black and Asian compared to only “multi-race”); with this change, percentages can 
add up to more than 100%.
30 The Race & Ethnicity self
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Native 
American/
Alaskan 
Native
Asian
Black
Hispanic/
Latino/a/x
Middle 
Eastern/
North 
African
Native 
Hawaiian/
Other 
Pacific 
Islander
White
0.4%
18.6%
0.6%
18.4%
13.6%
12.9%
6.8%
7.3%
2.0%
2.1%
0.8%0.9%
59.0%
58.5%
0.8%0.9%
46.6% 46.6%
0.6%0.7%
Middle 
Eastern/
North 
African
2.2%
40
Netflix ESG Report 2022
50%
40%
30%
20%
10%
0%
Native 
American/
Alaskan 
Native
25.8%
US Race/Ethnicity
All Job Levels
2021
2022
Asian
Black
Hispanic/
Latino/a/x
Native 
Hawaiian/
Other 
Pacific 
Islander
White
27.0%
11.7%
10.7% 11.2%
11.3%
2.3%
50%
40%
30%
20%
10%
0%
US Race/Ethnicity
Director+
2021
2022
Refer also to our EEO-1 reports from 2014-2021 here.
Inclusion and Diversity
Responsible Products
Environment
Governanc
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At Netflix, we seek excellence in everything we do — our product, 
our entertainment and our culture. To help us succeed, we’ve 
created an employee culture that’s focused on continuous 
improvement so we can better serve our members and build our 
business. Our publicly available Culture Memo outlines our 
approach, which we update as needed to ensure we remain flexible 
in our approach. And we focus on employee engagement and 
feedback, including through regular town halls, business reviews 
and memos (which we often share broadly, including comments).
Culture and Engagement
We offer benefits through four pillars: physical health, mental 
health, family and financial. On the right a
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Employee Giving Program
Philanthropy at Netflix is driven by employees through our 
Employee Giving Program. Consistent with our culture of freedom 
and responsibility, we enable employees to donate to causes that 
are meaningful to them through a 2:1 employee match. When an 
employee donates to a charitable organization (from over 2 million 
eligible charitable organizations in 200 countries), Netflix matches 
that with 2X the donation amount, with an upper limit of $20,000 
per employee per year for all donations and matches. This 
democratizes giving decisions, and incentivizes employees to 
support causes they’re passionate about. 
In 2022, we expanded our giving options and ways to
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55%
Netflix ESG Report 2022
Better representation on-screen starts with representation behind 
the camera and in the office. But we know that driving real change 
in film and TV, not only at Netflix but industry-wide, means 
continuing to think about whose voices are still missing and 
discovering the next generation of storytellers. 
Progress in Film/Series and Productions
USC ANNENBERG INCLUSION REPORT 
We partner with Dr. Stacy L. Smith and the USC Annenberg 
Inclusion Initiative to examine several inclusion metrics (e.g., 
gender, race/ethnicity, LGBTQ+, disability) in our 
US-commissioned films and series. In 2021, we released our 
first-ever study and committed to publicly releasing our progress 
every tw
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FUND FOR CREATIVE EQUITY 
From our work with USC, we have learned that more inclusion 
behind the camera leads to better representation on screen. So in 
2021, we established the Netflix Fund for Creative Equity, a 
commitment of $100 million over five years towards building new 
opportunities for underrepresented communities within 
entertainment. Through the fund, Netflix supports external 
organizations that are committed to creating more equitable 
opportunities in the TV and film industries, as well as bespoke 
Netflix programs that help us to identify, train and provide job 
placement for up-and-coming talent globally. 
In just two years, we have committed $29 million towards th
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PROGRAM AND CREATOR SPOTLIGHTS 
Paula Garcas
Graduate from the Netflix Series Directors 
Development Program in the US 
“The Netflix Series Directors Development Program helped me 
pivot my career - the team looked beyond my career as an actor, 
and saw the potential in me to grow as an artist. The program 
gave us access to major talent and a front row seat to the inner 
workings of directing. Thanks to Lauren Iungerich, I directed an 
episode on two Netflix shows as part of this. Training with Lauren 
has been invaluable to my career. She gave me all the time, tools 
and encouragement to truly succeed, while testing me and 
challenging me to grow along the way. Because of her, I’m
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SUPPORTING BLACK BANKS AND FINANCIAL INSTITUTIONS
In 2020, we announced that we would plan to allocate 2% of our 
cash holdings — initially up to $100 million — into Black banks and 
similar financial institutions to help create economic opportunities 
for Black communities in the US. In 2021, we fulfilled our initial 
pledge and in 2022, we continued to expand that investment to 
2% of our cash and short-term investment holdings ($106 million 
has been committed as of December 31, 2022).
Progress in Partnerships
SUPPLIER DIVERSITY
We’re working to ensure that our suppliers and vendors come from 
a diversity of backgrounds. This helps create jobs and 
opportunities in communities wher
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With a catalytic seed investment of $25 million, Netflix collaborated with LISC 
Fund Management (LFM) to create the Black Economic Development Fund 
(BEDF). The Fund launched in 2020 to address economic challenges in the 
Black community and to help close the racial wealth gap. Since then, BEDF has 
grown into a $250 million mission-driven fund investing in Black-led 
developers, financial institutions, anchor organizations and businesses, with 
the goal of growing these organizations and strengthening their contributions 
to the Black community. From inception to the end of 2022, Netflix 
contributions supported BEDF’s investment of $158 million in black-led 
transactions: $12 milli
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As a women-led B-Corp, we’re delighted to collaborate with Netflix, 
a leader in promoting racial justice, in our shared goal of reimagining 
how corporations invest in Communities of Color. Hand in hand, 
we’re charting a new course for corporate responsibility.
Cash Deposits: Netflix has committed $6 million to CNote Impact 
Cash® funds to be deposited with mission-driven depository 
institutions (DIs). Investments from Netflix have supported 
collective lending for over $1.9 billion in auto loans, over $4.2 
billion in commercial loans and over $1.5 billion in housing loans.
Catherine Berman, 
CEO of CNote
Inclusion and Diversity
Responsible Products
Netflix leverages CNote’s techn