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 58% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Business Wire, headquartered in the US, currently does not report specific carbon emissions data, as indicated by the absence of emissions figures. The company is a current subsidiary of Berkshire Hathaway Inc., which may influence its climate commitments and reporting practices. While Business Wire has not established specific reduction targets or initiatives, it is part of a broader corporate family that may have its own climate strategies. The emissions data and climate initiatives from Berkshire Hathaway Inc. could potentially cascade down to Business Wire, although specific details on these initiatives are not provided. In the context of climate commitments, Business Wire has not publicly disclosed any specific climate pledges or targets, such as those aligned with the Science Based Targets initiative (SBTi) or other industry standards. This lack of data suggests that while the company may be aware of the importance of climate action, it has yet to formalise its commitments or report on its emissions performance. Overall, Business Wire's current climate strategy remains unclear, and further transparency regarding its emissions and reduction initiatives would be beneficial for stakeholders interested in its environmental impact.
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.