In 2024, News completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
News has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 14,552a | 12,702b | 15,441b | |
Total Scope 2 | ||||
Market-Based | 58,858a | 64,057b | 81,563b | |
Location-Based | 52,194a | 80,071b | 96,651b | |
Unspecified Calculation Method | N/A | N/A | N/A | |
Total Scope 3 | 861,691a | 866,960b | 1,072,065.78c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 1.4429a | 1.2858b | 1.4869b |
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In 2024, the total operational greenhouse gas (GHG) emissions of News amounted to 66,746 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of News decreased by 28.05%, showing that the company has made progress in taking action to reduce the climate impact of its operations.ab
In 2024, the total Scope 1 emissions of News were 14,552 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, News's Scope 1 emissions have decreased by 26.85%, reflecting a declining long-term trend in Scope 1 emissions over time.ad
Compared to the previous year (2023), News's Scope 1 emissions increased by 14.56%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.ab
In 2024, News reported Scope 2 greenhouse gas (GHG) emissions of 58,858 tCO₂e using the market-based method and 52,194 tCO₂e using the location-based method.a
Compared to the previous year (2023), News's Scope 2 emissions (Location-Based) fell by 34.82% in 2024, showing that the company has made progress in taking action to reduce the climate impact of its energy consumption.ab
In 2024, News reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, News reported 861,691 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of News includes a breakdown across 9 of the 15 Scope 3 categories defined by the GHG Protocol, down from 11 in 2023, indicating a decline in reporting granularity and reduced insight into the company's full value chain emissions.a
In 2024, News reported total Scope 3 emissions of 861,691 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 96.63% of these emissions originated from upstream activities such as purchased goods and capital goods, while 3.37% came from downstream activities like product use, distribution, and end-of-life treatment.a
Compared to the previous year (2023), News's Scope 3 emissions remained relatively stable, indicating that News's emissions have plateaued with no significant change in its value chain footprint.ab
In 2024, News reported emissions for 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This partial disclosure allows for some insight into the company's indirect impacts.
In 2024, the largest contributors to News's Scope 3 emissions were:a
In 2024, News reported Scope 1 greenhouse gas (GHG) emissions of 14,552 tCO₂e and total revenues of USD 10,085 millions. This translates into an emissions intensity of 1.44 tCO₂e per millions USD.a
In 2024, News reported a Scope 1 emissions intensity of 1.44 tCO₂e per millions USD. Compared to the peer group median of 1.52, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, News ranked 12 out of 23 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
News is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, News reported a total carbon footprint of 928,437 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 3.26% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.ab
The largest contributor to News's total carbon footprint was Scope 3 emissions, accounting for 92.81% of the company's total carbon footprint, followed by Scope 2 emissions at 5.62%.a