Business Wire Sustainability Profile
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.
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.
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.
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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?
How Carbon Intensive is Business Wire's Location?
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.
