Warner Music Group

Greenhouse gas emissions & sustainability report data

📊 Latest report period: 2022-10 to 2023-09🗂️ Report periods on file: 2022-10 to 2023-09, 2021

In its 2022-10 to 2023-09 reporting, Warner Music Group disclosed greenhouse gas emissions of 8.8K MTCO2e/year. By scope: Scope 1: 1.6K tCO2e/year; Scope 2: 7.2K tCO2e/year. 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.

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GHG Emissions
8.8K MTCO2e/year
2022-10 to 2023-09

📊 Emissions by Scope (2022-10 to 2023-09)

ScopeWhat it coversReported value
Scope 1Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions).1.6K tCO2e/year
Scope 2Indirect emissions from purchased electricity, steam, heat and cooling.7.2K tCO2e/year

New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.

📈 Emissions by Report Period

Report periodHeadline emissions figure reported
2022-10 to 2023-098.8K MTCO2e/year
202119.0K MT CO2e (Scope 1 & 2) + 21000 MT CO2e (employee travel) in 2019

Each row is the headline figure extracted from a different report; scope coverage and methodology can change between years.

✅ Reported Environmental Achievements

🎯 Climate & Sustainability Targets

🔜 Short-term

  • Roll out mandatory DEI Foundations course to all countries in 2024.
  • Complete accessibility audits and neurodiverse workplace assessments across UK offices and implement results.

📅 Medium-term

  • Source 100% renewable energy for operations by 2030.
  • Increase public transportation utilization by 20% at Warner Music Live events.

🔭 Long-term

  • Decarbonize entire value chain (Scope 3 emissions reduction target not explicitly stated, but implied).

🌱 ESG Focus Areas

Empowering Our People and Creative TalentUsing Our Scale and Influence for GoodReducing Our Impact on the Environment

⚠️ Challenges & Risks +

  • Climate crisis impacting concerts and festivals.
  • Supply chain disruptions due to the pandemic, climate change, and geopolitical crises.
  • Lack of representation for women and underrepresented groups in the music industry.
  • Need for robust IP protections and enforcement in the context of AI.
  • Measuring and reducing Scope 3 emissions across the value chain.

📋 Report Information

Reporting Period: 2022-10 to 2023-09
Frameworks: GRI, SASB, TCFD
Assurance: Third-party auditor (name not specified)