Universal Music Group NV
Universal Music Group's GHG Emissions Data Preview
In 2023, Universal Music Group 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).
Universal Music Group 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 - 2017 |
|---|---|---|---|---|
Total Scope 1 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 2 | ||||
Market-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Location-Based | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
Total Scope 3 | 0000000 | Copy restricted. Please purchase to unlock this data.  | Copy restricted. Please purchase to unlock this data.  | 0000000 |
This table provides a simplified preview of selected GHG emissions data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.
Insights into Universal Music Group's Operational Emissions
In 2023, the total operational greenhouse gas (GHG) emissions of Universal Music Group amounted to 10,217 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).
Compared to 2022, the total operational greenhouse gas (GHG) emissions of Universal Music Group decreased by 4.02%, showing that the company has made progress in taking action to reduce the climate impact of its operations.
Universal Music Group's Scope 1 Emissions Over Time
- Total Scope 1
- Year-over-Year Change
What are Universal Music Group's Scope 1 emissions?
In 2023, the total Scope 1 emissions of Universal Music Group were 1,945 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Has Universal Music Group reduced its Scope 1 emissions over time?
Since 2021, Universal Music Group's Scope 1 emissions have increased by 14.14%, reflecting a rising long-term trend in Scope 1 emissions over time.
Compared to the previous year (2022), Universal Music Group's Scope 1 emissions decreased by 18.89%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.
What are Universal Music Group's Scope 2 emissions?
In 2023, Universal Music Group reported Scope 2 greenhouse gas (GHG) emissions of 5,627 tCOâ‚‚e using the market-based method, and 8,272 tCOâ‚‚e using the location-based method.
Has Universal Music Group reduced its Scope 2 emissions over time?
Since 2021, Universal Music Group's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have remained relatively stable, indicating that Universal Music Group 's emissions have plateaued with no significant change in its energy consumption footprint.
Compared to the previous year (2022), Universal Music Group's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Universal Music Group 's emissions have plateaued with no significant change in its energy consumption footprint.
What methodology does Universal Music Group use for Scope 2 reporting?
In 2023, Universal Music Group reported its Scope 2 emissions using the market-based method and using the location-based method.
Universal Music Group's Scope 2 Emissions Over Time
- Total Scope 2 Location-Based
- Total Scope 2 Market-Based
Insights into Universal Music Group's Value Chain Emissions
In 2023, Universal Music Group reported 469,588 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.
The 2023 disclosure of Universal Music Group includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, matching the level of disclosure in 2022, demonstrating consistent Scope 3 emissions reporting coverage year over year.
Universal Music Group's Scope 3 Emissions Over Time
- Total Scope 3
- Year-over-Year Change
What are Universal Music Group's Scope 3 emissions?
In 2023, Universal Music Group reported total Scope 3 emissions of 469,588 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).
Approximately 90.4% of these emissions originated from upstream activities such as purchased goods and capital goods, while 9.6% came from downstream activities like product use, distribution, and end-of-life treatment.
Has Universal Music Group reduced its Scope 3 emissions over time?
Since 2021, Universal Music Group's Scope 3 emissions have increased by 5,057.47%, reflecting a rising long-term trend in Scope 3 emissions over time.
Compared to the previous year (2022), Universal Music Group's Scope 3 emissions remained relatively stable, indicating that Universal Music Group 's emissions have plateaued with no significant change in its value chain footprint.
What categories of Scope 3 emissions does Universal Music Group disclose?
In 2023, Universal Music Group reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.
This reflects a high level of granularity and transparency in the company's emissions reporting.
What are the main sources of Universal Music Group's Scope 3 emissions?
In 2023, the largest contributors to Universal Music Group's Scope 3 emissions were:
- Purchased Goods and Services (Cat. 1): 287,537 tCOâ‚‚e (61.23%)
- Business Travel (Cat. 6): 53,718 tCOâ‚‚e (11.44%)
- Upstream Transportation and Distribution (Cat. 4): 51,419 tCOâ‚‚e (10.95%)
Universal Music Group's Scope 3 Emissions by Categories
Insights into Universal Music Group's Total Carbon Footprint
In 2023, Universal Music Group reported a total carbon footprint of 479,805 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 4.54% increase compared to 2022, suggesting a rise in emissions across its operations or value chain.
The largest contributor to Universal Music Group's total carbon footprint was Scope 3 emissions, accounting for 97.87% of the company's total carbon footprint, followed by Scope 2 emissions at 1.72%.