In 2024, Warner 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).
Warner Music Group has also provided a category-level breakdown for 5 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 | 1,877a | 1,583a | 5,255a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 7,869a | 7,230a | 5,531a | |
Total Scope 3 | 213,727a | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 0.2921a | 0.2622a | 0.8878a |
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In 2024, the total operational greenhouse gas (GHG) emissions of Warner Music Group amounted to 9,746 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 Warner Music Group increased by 10.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Warner Music Group were 1,877 metric tons of CO₂ equivalent (tCO₂e).a
Compared to the previous year (2023), Warner Music Group's Scope 1 emissions increased by 18.57%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, Warner Music Group reported Scope 2 greenhouse gas (GHG) emissions of 7,869 tCO₂e without specifying the calculation method.a
Since 2019, Warner Music Group's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 41.82%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), Warner Music Group's Scope 2 emissions (Unspecified Calculation Method) have remained relatively stable, indicating that Warner Music Group's emissions have plateaued with no significant change in its energy consumption footprint.a
In 2024, Warner Music Group reported its Scope 2 emissions using an unspecified methodology.a
In 2024, Warner Music Group reported 213,727 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 Warner Music Group includes a breakdown across 5 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Warner Music Group reported total Scope 3 emissions of 213,727 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 100% of these emissions originated from upstream activities such as purchased goods and capital goods, while 0% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Warner Music Group's Scope 3 emissions have increased by 879.23%, reflecting a rising long-term trend in Scope 3 emissions over time.ab
In 2024, Warner Music Group reported emissions for 5 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 Warner Music Group's Scope 3 emissions were:a
In 2024, Warner Music Group reported Scope 1 greenhouse gas (GHG) emissions of 1,877 tCO₂e and total revenues of USD 6,426 millions. This translates into an emissions intensity of 0.29 tCO₂e per millions USD.a
In 2024, Warner Music Group reported a Scope 1 emissions intensity of 0.29 tCO₂e per millions USD. Compared to the peer group median of 1.48, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a
In 2024, Warner Music Group ranked 6 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
Warner Music Group is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency.a
In 2024, Warner Music Group reported a total carbon footprint of 223,473 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2,435.72% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Warner Music Group's total carbon footprint was Scope 3 emissions, accounting for 95.64% of the company's total carbon footprint, followed by Scope 2 emissions at 3.52%.a