Spotify Technology S A : Next Step on Our Path to Net Zero Emissions

Technology is all about interlocking systems that work together efficiently, and we often think about iterating on these systems to make them better. Climate change is one of these interconnected issues-making it vitally important for companies todisruptold systems when it comes to combating the effects of global warming. That's why, in September 2021, Spotify joined theExponential RoadmapInitiative and theUN Race to Zero,a first step on our more ambitious climate action journey.

The Exponential Roadmap Initiative consists of a network of selected innovative companies, scientists, and NGOs that commit to exponentially reducing greenhouse gas emissions, educating and inspiring others to do so though their platforms and businesses, and engaging with the wider community to push the climate action agenda forward.

"Climate change is one of the most pressing global issues of our lifetime," says GustavSöderström, Spotify's Chief R&D Officer. "Spotify has a responsibility to combat the effects of climate change, which is why we're aiming to reach net zero emissions within the next decade."

Over the next days, months, and years, we'll look to disrupt our ways of working and curb our emissions over a variety of ways:

• Making our workplaces better: We continue to redesign, remodel, and run our offices with an eye toward environmental efficiency, accessibility, and renewable solutions.
• Stream green:A percentage of our emissions is generated by streaming, downloads, and device battery usage. We are measuring this impact and aim to generate lower energy consumption from different devices, while offsetting any remaining emissions.
• Partnering with suppliers who share our goals: Our biggest source of emissions is the goods and services we purchase. We are focused on collaborating with like-minded suppliers to reduce emissions in this area.

"We are delighted that Spotify joins other front-runners in climate action within the Exponential Roadmap Initiative," says JohanFalk, Head of Exponential Roadmap Initiative and lead author of the "Exponential Roadmap and the 1.5°C Business Playbook." "Spotify has a unique reach and opportunity to inspire people around the globe to take climate action."

We're already on our way to create climate-conscious solutions and use our platform to spread awareness and amplify action. OurSustainable Sonicsprovide a low-carbon alternative to other forms of advertising. Our curatedpodcast playlistsand Climate Action hub provide important information on taking climate action for our listeners. And finally, check out theLife at Spotify website climate sectionfor the latest actions and reports.

But there's so much more to be done, and we need to do it now. Joining the Exponential Roadmap Initiative demonstrates our commitment to taking action, and we look forward to collaborating with our partners, incorporating feedback, and sharing more updates on this crucial journey.

Looking to learn more about the Exponential Roadmap and greenhouse gas-reducing solutions? Stream "The Scientific Case for The Race to Zero with Johan Rockström" or "Nigel Topping Racing to Zero."