AEG Worldwide Sustainability Profile
AEG Worldwide, a leading global sports and entertainment company, is headquartered in the United States, with significant operations across North America, Europe, and Asia. Founded in 1994, AEG has established itself as a powerhouse in the live events industry, managing a diverse portfolio that includes arenas, stadiums, and festivals. The company is renowned for its unique approach to venue management and event production, offering services that encompass everything from ticketing to sponsorship. AEG's commitment to innovation and sustainability sets it apart in the competitive landscape, making it a preferred partner for artists and sports teams alike. With a strong market position, AEG has achieved notable milestones, including the development of iconic venues and the successful execution of major events worldwide.
DitchCarbon Score
How does AEG Worldwide'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.
Industry Average
Mean score of companies in the Other 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.
Industry Benchmark
AEG Worldwide's score of 25 is lower than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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AEG Worldwide's reported carbon emissions
In 2021, AEG Worldwide reported total carbon emissions of approximately 2.86 billion kg CO2e, encompassing Scope 1, Scope 2, and Scope 3 emissions. The breakdown includes about 952.4 million kg CO2e for Scope 1, 952.4 million kg CO2e for Scope 2, and 952.4 million kg CO2e for Scope 3 emissions, specifically from purchased goods and services. This data is cascaded from its parent company, Anschutz Entertainment Group, Inc. AEG Worldwide has set ambitious climate commitments, aiming to reduce absolute Scope 1 and Scope 2 greenhouse gas emissions by 58.8% by fiscal year 2034, using FY2023 as the base year. This target aligns with the 1.5°C pathway, as validated by the Science Based Targets initiative (SBTi). The company is also committed to measuring and reducing its Scope 3 emissions, although specific targets for these emissions have not been detailed. Historically, AEG's emissions have fluctuated, with total emissions recorded at approximately 167.4 million kg CO2e in 2018 and 203.3 million kg CO2e in 2017. The company continues to focus on sustainability and reducing its carbon footprint as part of its broader environmental strategy.
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| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2021 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 21,472,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 000,000,000 |
| Scope 2 | 120,772,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - | 000,000,000 |
How Carbon Intensive is AEG Worldwide's Industry?
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AEG Worldwide's Scope 3 Categories Breakdown
A significant portion of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 33% of total emissions under the GHG Protocol, with "Purchased Goods and Services" representing nearly all of their reported Scope 3 footprint.
Top Scope 3 Categories
AEG Worldwide's Climate Goals (2030 & 2050)
Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.
AEG Worldwide has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.
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