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Universal Music Group NV

Common Name
Universal Music Group
Country
Netherlands
Sector
Communication Services
Industry
Entertainment
Employees
9,636
Ticker
UMG
Exchange
Euronext Amsterdam
Description
Universal Music Group N.V. is a multinational music corporation headquartered in Hilversum, Netherlands, recognized as the world's largest music company and one of the 'Big Three' record labels. It op...

Universal Music Group's Waste Data Preview

In 2023, Universal Music Group conducted an environmental assessment and disclosed corporate waste management data in accordance with recognized sustainability reporting standards.The company provided a breakdown of its waste by type (hazardous vs non-hazardous) and treatment method (recovery vs disposal), enabling greater transparency into its waste handling and environmental practices.

Metric (tonnes)20232022
Total Waste Generated
1,908a
1,753a
Total Waste Recovered
N/AN/A
Total Hazardous Waste Generated
27a
27a
Non-Hazardous Waste Disposed
N/AN/A
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Verified Sources Behind Universal Music Group’s Waste Management Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform.

a. Universal Music Group's Annual Report 2023

Insights into Universal Music Group’s Generation of Hazardous and Non-Hazardous Waste

In 2023, Universal Music Group generated a total of 1,908 metric tonnes of waste.a

Of this amount, 1.42% of Universal Music Group's total waste generated of was classified as hazardous waste, characterized by properties such as toxicity, flammability, corrosiveness, or reactivity that may pose risks to human health, ecosystems, or the environment.95.81% was identified as non-hazardous waste, generally considered less harmful and subject to lighter regulatory controls.The remaining 2.78% was either treated using unspecified methods or not clearly categorized.a

Universal Music Group’s Hazardous vs Non-Hazardous Waste Over Time

2022202305001 k1.5 k2 ktonnes
  • Total Non-Hazardous Waste Generated
  • Total Hazardous Waste Generated

How Universal Music Group reduced the environmental impact of its waste?

Since 2023, Universal Music Group's total waste generation has increased by 8.84%, which may reflect expanding operations, weaker material efficiency, or insufficient waste reduction efforts.a

Since 2023, Universal Music Group's hazardous waste generation has increased by 8.12%, indicating a potential rise in the use of harmful materials, process inefficiencies, or limited hazardous waste reduction strategies..a

Overall, Universal Music Group's waste and hazardousness trends are mixed or inconclusive. A more detailed review of its materials, industry standards, and operational changes would help clarify the net environmental impact of its waste strategy.a

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