- Slower economic growth, high inflation, and elevated interest rates impacting the global economy.
- Decreased demand for physical books in the Nordic market.
- Increased competition in the audiobook market.
Storytel AB (publ)
Greenhouse gas emissions & sustainability report data
In its 2023 reporting, Storytel AB (publ) disclosed greenhouse gas emissions of 1.8K tCO2e (Storytel Books). By scope: Scope 1: 18 tCO2e (Storytel Books); Scope 2: 49 tCO2e (Storytel Books); Scope 3: 1.7K tCO2e (Storytel Books). Figures are as stated in the company's own report and may use different boundaries, units or methods (for example market-based vs location-based Scope 2), so compare with care.
GHG Emissions
1.8K tCO2e (Storytel Books)
2023
📊 Emissions by Scope (2023)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 18 tCO2e (Storytel Books) |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 49 tCO2e (Storytel Books) |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 1.7K tCO2e (Storytel Books) |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Storytel Books reduced Scope 3 emissions by approximately 40% (from 3,174 to 1,798 tCO2e) due to lower print volumes, reduced paper weights, fewer four-color books, and improved data on paper qualities.
- Avoided air freight in Storytel Books' operations.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Help more than 1.15 million people consume one book per month in 2024.
- Align data collection and reporting with CSRD/ESRS in 2024.
📅 Medium-term
- Potentially reach 20% EBITDA margins over time.
🌱 ESG Focus Areas
Wellbeing of customers (Brainprint)Wellbeing of the planet (Footprint)Wellbeing of employees and partners (Fingerprint)