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Net Zero Strategies in the Media Sector - Thematic Research

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    Report

  • 59 Pages
  • February 2024
  • Region: Global
  • GlobalData
  • ID: 5943532

Companies achieve net zero emissions by cutting greenhouse gas (GHG) emissions to as close to zero as possible, with any remaining emissions then “offset”. Of the 20 selected media companies analyzed in this report, 15 have set either a short or long-term target to reduce their emissions.

Key Highlights

Of the 20 selected media companies analyzed in this report, 15 have set either a short or long-term target to reduce their emissions.

Scope

1 and 2 emissions, which are generated by business operations, make up around one-third of total emissions on average. The main contributors to Scope 1 and Scope 2 emissions in the media sector have been electricity and fuel.

  • Most emissions in the media sector are value chain emissions, known as Scope 3 emissions. These are the most difficult type of emissions to measure and reduce as they are generated by assets now owned by the company.
  • This report provides an overview of Scope 1, 2 and 3 emissions of 20 selected media companies and then explores the strategies used by them to cut their emissions.

Reasons to Buy

By reading this report, readers will be able to -

  • Find out about the main Scope 1, 2 and 3 emission sources for 20 media companies operating across publishing, film, TV, music, social media, advertising, and gaming.
  • Identify which of the 20 media companies are decreasing their emissions and learn about the emission trends in the sector.
  • Understand how some of the leading media companies are attempting to reduce their emissions and the most common emission reduction strategies used in the sector.

Table of Contents

  • Executive Summary
  • Why Media Companies Need a Net Zero Strategy
  • Emissions Targets and Performance
  • Scope 1 and 2 Emissions Strategies
  • Scope 3 Emissions Strategies
  • Net Zero Strategies of Leading Companies
  • Glossary
  • Further Reading
  • Thematic Research Methodology
  • Contact the Publisher

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Bloomberg
  • Comcast
  • Evolution Gaming
  • Fox Corporation
  • Liberty Media Group
  • Meta
  • Naspers
  • NetEase
  • Netflix
  • New York Times
  • News Corp
  • Paramount Global
  • Schibsted
  • Sony
  • Spotify
  • Tencent
  • Thomson Reuters
  • Walt Disney
  • Warner Music Group
  • Wolters Kluwer