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Public Profile
Media Production
US
updated 8 months ago

Business Wire Sustainability Profile

Company website

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.

DitchCarbon Score

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.

28

Industry Average

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.

24

Industry Benchmark

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.

56%

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Business Wire's reported carbon emissions

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.

How Carbon Intensive is Business Wire's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Business Wire's primary industry is Printed matter and recorded media (22), which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Business Wire's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Business Wire is in US, which has a low grid carbon intensity relative to other regions.

Business Wire'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.

Business Wire 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare Business Wire's Emissions with Industry Peers

GlobeNewswire, Inc.

US
•
Other business services (74)
Updated about 2 months ago

PR Newswire

US
•
Printed matter and recorded media (22)
Updated 5 days ago

Cision

US
•
Other business services (74)
Updated 5 days ago

Bloomberg Lp

US
•
Printed matter and recorded media (22)
Updated 4 days ago

U.S. Newswire, LLC

US
•
Printed matter and recorded media (22)
Updated about 1 month ago

ACCESSWIRE Canada, Ltd.

US
Updated 3 months ago

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers

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