Universal Music Group NV
Universal Music Group's Climate Target Data Preview
As of 2024, Universal Music Group has disclosed 2 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 1 absolute reduction target and 1 intensity-based target, signaling the company's commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Universal Music Group's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | Copy/Paste is a PRO feature.  a | 2032 |
Intensity-based Target* | Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7) | Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added | 0000000 | 2032 |
Verified Sources Behind Universal Music Group’s Climate Targets Data
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Insights into Universal Music Group's Greenhouse Gas Emissions Pathways
As of 2024, Universal Music Group has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.a
Does Universal Music Group have a target to reduce the emissions from its operations?
As of 2024, Universal Music Group has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Universal Music Group's most ambitious operational target is to reduce these emissions by 58% by 2032, compared to a baseline of 11,454 Metric Tonnes of CO2 equivalent (mtCO2e) in 2019.a
As of 2024, Universal Music Group is ahead of schedule on its operational emissions reduction target, having achieved 48% of the planned reduction.a
Universal Music Group's Operational (Scope 1+2) Emissions Pathway
Does Universal Music Group have a target to reduce the emissions from its value chain?
As of 2024, Universal Music Group has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 7 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Universal Music Group's most ambitious value chain target is to reduce these emissions by 62% by 2032, compared to a baseline of 0 Metric Tonnes of CO2 equivalent (mtCO2e) per Euro (EUR) of Value Added in 2019.a
As of 2024, Universal Music Group is ahead of schedule on its value chain emissions reduction target, having achieved 61.29% of the planned reduction.a