Live Nation Entertainment, headquartered in the United States, is a leading global live entertainment company that has transformed the way audiences experience music and events. Founded in 1996, Live Nation has grown to dominate the industry, operating in key regions across North America, Europe, and Asia. The company is renowned for its core services, including concert promotion, ticketing through Ticketmaster, and venue management, which collectively create unparalleled live experiences. Live Nation's unique integration of technology and live events has positioned it as a market leader, consistently delivering memorable performances and connecting fans with their favourite artists. With numerous accolades and a robust portfolio of high-profile events, Live Nation continues to shape the future of live entertainment, making it a pivotal player in the industry.
How does Live Nation's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Recreation and Sports Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Live Nation's score of 19 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2019, Live Nation reported its carbon emissions data, although specific figures for total emissions in kg CO2e were not disclosed. The company operates globally, with a significant revenue of approximately $11.5 billion USD. While there is no detailed breakdown of emissions by scope (Scope 1, 2, or 3), it is noted that UK festival CO2e emissions per audience day are about 1.9 kg CO2e, indicating the environmental impact of their events. Currently, Live Nation has not established any formal reduction targets or commitments under the Science Based Targets initiative (SBTi) or other climate pledges. This lack of specific reduction initiatives suggests that the company may still be in the early stages of developing a comprehensive climate strategy. As the live entertainment industry faces increasing scrutiny regarding its environmental footprint, Live Nation's future commitments will be crucial in addressing climate change and reducing carbon emissions.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Live Nation is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.