Business Wire, a leading global news distribution service, is headquartered in the United States and operates extensively across North America, Europe, and Asia. Founded in 1961, the company has established itself as a pivotal player in the communications industry, specialising in press release distribution, multimedia services, and regulatory filings. With a commitment to delivering timely and accurate information, Business Wire offers unique features such as enhanced multimedia capabilities and targeted distribution channels, ensuring clients reach their desired audiences effectively. The company has achieved notable milestones, including being the first to distribute news via the internet, solidifying its market position as a trusted source for corporate communications. Through its innovative services, Business Wire continues to empower businesses to share their stories with the world.
How does Business Wire'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 Media Production 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.
Business Wire's score of 28 is higher than 56% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2022, Business Wire, headquartered in the US, reported carbon emissions data that includes specific metrics related to its operations. The company disclosed carbon emissions per employee at approximately 1.2 kg CO2e and emissions per tonne of steel at about 2.5 kg CO2e. However, no comprehensive total emissions figures were provided, nor were specific scopes of emissions (Scope 1, 2, or 3) disclosed. Business Wire is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and reporting practices. Despite the absence of specific reduction targets or initiatives, the company is part of a broader corporate family that may have its own sustainability goals and practices. As of now, Business Wire has not established any publicly available reduction targets or climate pledges, indicating a potential area for future development in their environmental strategy. The lack of detailed emissions data suggests that the company may still be in the early stages of formalising its climate commitments.
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.
Business Wire is not participating in any of the initiatives that 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.