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Warner Music Group Corp

Common Name
Warner Music Group
Country
United States
Sector
Communication Services
Industry
Entertainment
Employees
5,800
Ticker
WMG
Exchange
NASDAQ/NGS
Description
Warner Music Group Corp. is a global leader in the music entertainment industry, providing a wide range of music-related services to artists and consumers alike. As a major music conglomerate, it oper...

Warner Music Group's GHG Emissions Data Preview

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)2024202320222021 - 2017
Total Scope 1
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a
0000000
Total Scope 2
Unspecified Calculation Method
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a
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a
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a
0000000
Total Scope 3
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a
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0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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0000000
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Verified Sources Behind Warner Music Group’s Greenhouse Gas (GHG) Emissions 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. Explore Warner Music Group’s data sources below and access millions more through our Disclosure Search.

a. Warner Music Group's Impact Report 2024
a. Warner Music Group's Impact Report 2024
b. Warner Music Group's ESG Report 2021
b. Warner Music Group's ESG Report 2021

Insights into Warner Music Group's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions ofWarner Music Group amounted to9,746metric 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 Groupincreased by 10.59%, suggesting that the company faced challenges in reducing its emissions from its core operations.a

Warner Music Group's Scope 1 Emissions Over Time

20192020202120222023202402 k4 k6 k8 ktCO2e0%+47%-22%-70%+19%
  • Total Scope 1
  • Year-over-Year Change

What are Warner Music Group's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Warner Music Group were 1,877 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).a

Has Warner Music Group reduced its Scope 1 emissions over time?

Since 2019, Warner Music Group's Scope 1 emissions have decreased by 59.04%, reflecting a declining long-term trend in Scope 1 emissions over time.ab

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

What are Warner Music Group's Scope 2 emissions?

In 2024, Warner Music Group reported Scope 2 greenhouse gas (GHG) emissions of 7,869 tCOâ‚‚e without specifying the calculation method.a

Has Warner Music Group reduced its Scope 2 emissions over time?

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

What methodology does Warner Music Group use for Scope 2 reporting?

In 2024, Warner Music Group reported its Scope 2 emissions using an unspecified methodology.a

Warner Music Group's Scope 2 Emissions Over Time

20192020202120222023202403.5 k7 k10.5 k14 ktCO2e
  • Total Scope 2 (Unspecified Calculation Method)

Insights into Warner Music Group's Value Chain Emissions

In 2024, Warner Music Group reported 213,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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 5of 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

Warner Music Group's Scope 3 Emissions Over Time

201920202024055 k110 k165 k220 ktCO2e-75%+3807%
  • Total Scope 3
  • Year-over-Year Change

What are Warner Music Group's Scope 3 emissions?

In 2024, Warner Music Group reported total Scope 3 emissions of 213,727 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).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

Has Warner Music Group reduced its Scope 3 emissions over time?

Since 2019, Warner Music Group's Scope 3 emissionshave increased by 879.23%, reflecting a rising long-term trend in Scope 3 emissions over time.ab

What categories of Scope 3 emissions does Warner Music Group disclose?

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.

What are the main sources of Warner Music Group's Scope 3 emissions?

In 2024, the largest contributors to Warner Music Group's Scope 3 emissions were:a

  • Purchased Goods and Services (Cat. 1): 88,512 tCOâ‚‚e(42.05%)
  • Downstream Transportation and Distribution (Cat. 9): 54,249 tCOâ‚‚e(25.78%)
  • Other/Unspecified Sources: 47,447 tCOâ‚‚e(22.54%)

Warner Music Group's Scope 3 Emissions by Categories

DownstreamTransportation andDistribution(Cat. 9)(25.8%)Other/UnspecifiedSources(22.5%)Purchased Goods andServices (Cat. 1)(42.1%)

Insights into Warner Music Group’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Warner Music Group reported Scope 1 greenhouse gas (GHG) emissions of 1,877 tCOâ‚‚e and total revenues of USD 6,426 millions. This translates into an emissions intensity of 0.29 tCOâ‚‚e per millions USD.a

Warner Music Group's Scope 1 Emissions Intensity Compared to Peers

501,00020,000200,0005,000,000Scope 1 Emissions (tCO2e)2002,00020,000200,0001,000,000Revenues (Millions of USD)POSirius XMYear: 2024Scope 1: 631 tCO2eRevenue: $M 8,703Scope 1 Intensity: 0.07 tCO2e/$MWarner Bros DiscoveryYear: 2024Scope 1: 130,342 tCO2eRevenue: $M 39,321Scope 1 Intensity: 3.31 tCO2e/$MTake-Two Interactive SoftwareYear: 2025Scope 1: 2,291 tCO2eRevenue: $M 5,633Scope 1 Intensity: 0.41 tCO2e/$MCinemark HoldingsYear: 2024Scope 1: 13,592 tCO2eRevenue: $M 3,050Scope 1 Intensity: 4.46 tCO2e/$MTelephone and Data SystemsYear: 2023Scope 1: 29,175 tCO2eRevenue: $M 5,160Scope 1 Intensity: 5.65 tCO2e/$MMatch GroupYear: 2024Scope 1: 564 tCO2eRevenue: $M 3,479Scope 1 Intensity: 0.16 tCO2e/$MFrontier Communications ParentYear: 2023Scope 1: 117,263 tCO2eRevenue: $M 5,676Scope 1 Intensity: 20.66 tCO2e/$MCarlisle CompaniesYear: 2024Scope 1: 68,717 tCO2eRevenue: $M 5,004Scope 1 Intensity: 13.73 tCO2e/$MIPGYear: 2024Scope 1: 10,183 tCO2eRevenue: $M 10,692Scope 1 Intensity: 0.95 tCO2e/$MZillow GroupYear: 2023Scope 1: 197 tCO2eRevenue: $M 1,945Scope 1 Intensity: 0.10 tCO2e/$MFoxYear: 2024Scope 1: 14,820 tCO2eRevenue: $M 13,980Scope 1 Intensity: 1.06 tCO2e/$MNew York TimesYear: 2024Scope 1: 3,598 tCO2eRevenue: $M 2,586Scope 1 Intensity: 1.39 tCO2e/$MIACYear: 2024Scope 1: 3,759 tCO2eRevenue: $M 3,807Scope 1 Intensity: 0.99 tCO2e/$MAT&TYear: 2024Scope 1: 545,052 tCO2eRevenue: $M 122,335Scope 1 Intensity: 4.46 tCO2e/$MNewsYear: 2024Scope 1: 14,552 tCO2eRevenue: $M 10,085Scope 1 Intensity: 1.44 tCO2e/$MLumen TechnologiesYear: 2024Scope 1: 164,690 tCO2eRevenue: $M 13,108Scope 1 Intensity: 12.56 tCO2e/$MYelpYear: 2024Scope 1: 332 tCO2eRevenue: $M 1,412Scope 1 Intensity: 0.24 tCO2e/$MNetflixYear: 2024Scope 1: 50,488 tCO2eRevenue: $M 39,002Scope 1 Intensity: 1.29 tCO2e/$MAlphabetYear: 2024Scope 1: 73,100 tCO2eRevenue: $M 350,096Scope 1 Intensity: 0.21 tCO2e/$MWalt DisneyYear: 2024Scope 1: 921,163 tCO2eRevenue: $M 91,361Scope 1 Intensity: 10.08 tCO2e/$MPPPinterestYear: 2024Scope 1: 570 tCO2eRevenue: $M 3,647Scope 1 Intensity: 0.16 tCO2e/$MZiff DavisYear: 2024Scope 1: 311 tCO2eRevenue: $M 1,402Scope 1 Intensity: 0.22 tCO2e/$MOOOptimum CommunicationsYear: 2024Scope 1: 43,219 tCO2eRevenue: $M 8,954Scope 1 Intensity: 4.83 tCO2e/$MLiberty MediaYear: 2024Scope 1: 2,502 tCO2eRevenue: $M 3,653Scope 1 Intensity: 0.68 tCO2e/$MWarner Music GroupYear: 2024Scope 1: 1,877 tCO2eRevenue: $M 6,426Scope 1 Intensity: 0.29 tCO2e/$M

How does Warner Music Group's GHG emissions intensity compare to its peers?

In 2024, Warner Music Group reported a Scope 1 emissions intensity of 0.29 tCOâ‚‚e per millions USD. Compared to the peer group median of 1.18, this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors.a

Where does Warner Music Group rank on GHG emissions intensity within its industry?

In 2024, Warner Music Group ranked 8 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCOâ‚‚e 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

Insights into Warner Music Group's Total Carbon Footprint

In 2024, Warner Music Group reported a total carbon footprint of 223,473 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) 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

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