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Non-regulatory press release

Storytel submits letter of commitment to Science Based Targets initiative

Storytel, one of the world's largest streaming services for audiobooks and e-books, has submitted a letter of commitment to the Science Based Targets initiative (SBTi). Storytel will set ambitious climate goals in line with the Paris Agreement within the next 24 months with the long-term goal of net-zero emissions well before 2050.

In connection with Storytel's 2021 Sustainability Report, the company announced that a letter of commitment has been submitted to the Science Based Targets initiative (SBTi). It is a commitment to set ambitious climate goals and an emission reduction plan in line with the Paris Agreement to prevent the worst effects of global warming. Storytel's 2021 Sustainability Report contains a full-scope report of the company's emissions in accordance with the GHG protocol international standard. The commitment to SBTi means that Storytel pledges to halve the company's emissions before 2030 and reach net-zero emissions well before 2050.  

“Storytel is proud to announce our commitment to the Science Based Targets initiative which also reflects our mission to contribute to a more sustainable world. With a vision of making the world a more empathetic place, our greater ambition is to be a strong advocate for reading and well-being by bringing stories into the world,” says Ingrid Bojner, interim CEO of Storytel.

Once committed, Storytel will become one of over 2,000 companies that have committed or set goals in accordance with Science Based Targets. The initiative is a collaboration between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).

In 2021, Storytel became a participant in the UN Global Compact, the world's largest sustainability initiative for companies. Storytel also set up a sustainability committee on the Board of Directors that leads and monitors sustainability work.

For more information, please contact: 
Sandra Olt
Global PR Manager ESG & People
Tel: +46 70 745 36 83

About Storytel
Storytel is one of the world’s largest audiobook and e-book streaming services and offers over 700,000 titles on a global scale. Our vision is to make the world a more empathetic and creative place, with great stories to be shared and enjoyed by anyone, anywhere and anytime. The streaming business within the Storytel Group is conducted under the brands Storytel, Mofibo and The publishing business is managed by Storytel Books, and by the audiobook publisher StorySide. The Storytel Group operates in over 25 markets. The headquarters is located in Stockholm, Sweden