- Challenge to attract, sign, and retain successful artists.
- Challenge to attract and retain internal talent.
- Risks associated with responsible content.
- Risks associated with the company’s carbon intensity.
- Privacy and data security.
- Governmental and regulatory challenges.
- Changes in laws and regulations.
- Impact of COVID-19 pandemic on business operations and revenue streams.
Universal Music Group N.V.
Greenhouse gas emissions & sustainability report data
In its 2021 reporting, Universal Music Group N.V. disclosed greenhouse gas emissions of 18.6K tCO2e. By scope: Scope 1: 1.7K tCO2e; Scope 2: 7.8K tCO2e; Scope 3: 9.1K tCO2e. 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.
GHG Emissions
18.6K tCO2e
2021
Waste
1.1K tons (non-hazardous) 761 tons recycled
2021
Energy Use
13.7K MWh (standard sources) + 7982 MWh (renewable sources)
2021
📊 Emissions by Scope (2021)
| Scope | What it covers | Reported value |
|---|---|---|
| Scope 1 | Direct emissions from sources the company owns or controls (fuel combustion, company vehicles, process and fugitive emissions). | 1.7K tCO2e |
| Scope 2 | Indirect emissions from purchased electricity, steam, heat and cooling. | 7.8K tCO2e |
| Scope 3 | Other indirect emissions across the value chain (purchased goods, business travel, use of sold products, etc.). | 9.1K tCO2e |
New to scopes? Read Scope 1, 2 and 3 emissions explained and market-based vs location-based Scope 2.
✅ Reported Environmental Achievements
- Achieved carbon neutrality in Germany through emissions-reduction measures and carbon offsets.
- Increased procurement of locally-sourced packaging by 10% in France.
- Launched a green packaging program (greenpack) in France.
🎯 Climate & Sustainability Targets
🔜 Short-term
- Migrate to 100% cloud-based operations by 2025.
- Extend greenpack implementation to all standard frontline releases by the end of 2022.
📅 Medium-term
- Set Science-Based Targets for emissions reduction and submit for SBTi validation by 2023.
🔭 Long-term
- Achieve net-zero emissions (target year not specified).
🌱 ESG Focus Areas
EnvironmentSocialGovernance