Netflix CSR Overview

Netflix CSR Programs and Initiatives

Netflix Supporting Local Communities

• The entertainment services provider maintains employee giving program that provides a 2:1 match on employee donations. As part of the program the company and employees donated USD34 million to over 5,000 charities worldwide

Netflix and Gender Equality and Minorities

• 49,6% of Netflix employees are women
• 50% of US workforce are from historically excluded ethnic and/or racial backgrounds
• Netflix Fund for Creative Equity helps to create opportunities within the entertainment industry for minorities and historically under-represented groups

Figure 1 Global Gender Identities at Netflix for 2022

Energy Consumption by Netflix

• In 2022 the company completed energy efficiency audits at its major facilities across North America
• The entertainment services provider uses 100% renewable electricity in all offices and productions it directly manages

Carbon Emissions by Netflix

• Netflix is committed to reduce carbon emission by 50% by 2030 compared to 2019 baseline
• The entertainment services provider uses clean technology on over 60% of productions it manages directly
• In 2022 about 50% of the productions Netflix managed incorporated clean mobile power solutions such as grid tie-ins, mobile batteries, battery-hybrid generators, and hydrogen power units, resulting in fuel reductions that lowered emissions by 1,179 MTCO2e
• The company uses at least one electric vehicle (EV) on screen on all of its directly-managed productions
• The streaming service supports creators who choose to incorporate sustainability into their storytelling

Figure 2 Netflix carbon footpring by business activity in 2022

Netflix and Sustainable Sourcing 

• The company spent about USD 700 million with underrepresented suppliers in 2022

Governance Practices

• Netflix is beginning a phased declassification of its board in 2023. Starting from 2025 each board member will stand for annual elections
• The company is eliminating supermajority voting provisions in its articles of incorporation and bylaws
• The streaming service is granting the shareholders the ability to call special meetings

Netflix Inc. Report contains a full analysis of Netflix corporate social responsibility including Netflix CSR issues. The report illustrates the application of the major analytical strategic frameworks in business studies such as SWOT, PESTEL, Porter’s Five Forces, Value Chain analysis, Ansoff Matrix and McKinsey 7S Model on Netflix. Moreover, the report contains analyses of Netflix leadership, business strategy, organizational structure and organizational culture. The report also comprises discussions of Netflix marketing strategy and its ecosystem.

Source: ESG Report (2022) Netflix Inc.