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May 6, 20225 min read

Netflix: A Leader In Sustainability?

An analytical case study of one of the world's leading streaming services - and their carbon footprint

Sustainability, Netflix, Entertainment, Emissions, Streaming, Streaming Services, Environment, Economy, Decarbonization, Global Warming, Climate Change, Sustainable Business, Technology, Solutions, Devices, The SustainabilityX® Magazine

 

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Netflix stock took a hit on April 20, its biggest since 2004, after reporting that the company lost subscribers in Q1. Yet there are reasons to reconsider Netflix. It made $1.6 billion in profits on $7.8 billion in Q1 sales, a 10 percent increase in revenue versus Q1 2020. It still has the largest subscriber base (221.64 million) of all streaming services. And it’s truly a sustainability play.

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