Universal Music Group NV

Common Name
Universal Music Group
Country
Netherlands
Sector
Communication Services
Industry
Entertainment
Employees
9,972
Ticker
UMG
Exchange
EURONEXT
Description
Universal Music Group N.V. operates as a leading music company in the global entertainment industry. Its primary function is to discover, manage, and promote music artists, providing an extensive cata...

Universal Music Group Energy Data Preview

In 2023, Universal Music Group disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Universal Music Group also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Universal Music Group also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Universal Music Group also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Universal Music Group's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2023202220212020 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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Insights into Universal Music Group's Energy Renewability

In 2023, Universal Music Group consumed a total of 141,590.46 Gigajoules of energy across its operations. Of this total, 28.42% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 71.58% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power. a

Universal Music Group's Energy Renewability Rate

28%

How much of Universal Music Group's energy consumed is renewable?

In 2023, Universal Music Group consumed a total of 141,590.46 Gigajoules of energy, of which 28.42% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power. a

This moderate level of renewable energy adoption indicates that Universal Music Group is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Universal Music Group's energy practices becoming more sustainable?

Since 2023, Universal Music Group's total energy consumption decreased by 7.27%, suggesting a recent decline in overall energy demand. a

Over the same period, the share of renewable energy in Universal Music Group's consumption increased by 5.96%, showing a recent positive trend in clean energy adoption. a

Universal Music Group's Renewable vs Non-renewable Energy Over Time

123.48 k58.48 k6.52 k123.48 kGigajoules (GJ)2022202327%28%73%72%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Universal Music Group's Energy Consumption & Production Mix

In 2023, Universal Music Group disclosed detailed information on both the sources and generation technologies of its consumed and produced energy This disclosure enables a clearer assessment of the Universal Music Group's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies. a

Universal Music Group's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(65.7%)Natural Gas(13.1%)Heat(Unspecified Source)and Steam(Unspecified Source)(10.1%)

What are the main sources and generation technologies behind Universal Music Group's energy consumption?

In 2023, Universal Music Group's total energy consumption was primarily sourced from a

  • Electricity (Unspecified Source) (65.65%)
  • Natural Gas (13.11%)
  • Heat (Unspecified Source) and Steam (Unspecified Source) (10.12%)

How diverse is Universal Music Group’s energy consumption mix?

In 2023, Universal Music Group consumed energy from 10 different sources or generation technologies, indicating a moderately diverse energy mix, with some concentration in a primary source. a

What are the main sources or generation technologies used by Universal Music Group to produce energy?

In 2023, Universal Music Group's energy production came primarily from

  • Biomass, Geothermal Energy, Hydropower, Solar Energy and Wind Energy (100%)

How diverse is Universal Music Group’s energy production mix?

In 2023, Universal Music Group produced energy using 4 different sources or generation technologies. The energy production mix is highly concentrated, with Biomass, Geothermal Energy, Hydropower, Solar Energy and Wind Energy alone making up 100% of total output.

Universal Music Group's Energy Produced by Sources and Technologies

Biomass, GeothermalEnergy, Hydropower,Solar Energy andWind Energy(100.0%)

Verified Sources Behind Universal Music Group’s Energy Management Data

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