Clear Channel Outdoor Sustainability Profile
Clear Channel Outdoor Holdings, Inc., a leading player in the out-of-home advertising industry, is headquartered in the United States. Founded in 1901, the company has established a significant presence across major operational regions, including North America, Europe, and Latin America. Specialising in outdoor advertising solutions, Clear Channel Outdoor offers a diverse range of products, including billboards, transit advertising, and digital displays. Their innovative approach to advertising, particularly through the integration of digital technology, sets them apart in a competitive market. With a strong market position, Clear Channel Outdoor has achieved notable milestones, such as expanding its digital inventory and enhancing audience engagement through data-driven strategies. This commitment to innovation and quality has solidified their reputation as a trusted partner for brands seeking impactful advertising solutions.
DitchCarbon Score
How does Clear Channel Outdoor'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
Clear Channel Outdoor's score of 30 is higher than 57% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Clear Channel Outdoor's reported carbon emissions
In 2023, Clear Channel Outdoor (CCO) reported a carbon intensity of approximately 0.0516 kg CO2e per $1 million in revenue, based on total revenue of about $1.43 billion. This figure reflects Scope 1 and 2 emissions, although specific absolute emissions data for these scopes has not been disclosed. In 2022, the carbon intensity was approximately 0.0627 kg CO2e per $1 million in revenue, indicating a slight improvement in emissions efficiency. Clear Channel Outdoor has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 greenhouse gas emissions by 90% by 2030, using 2022 as the baseline year. Additionally, the company has pledged to achieve Carbon Net Zero across all scopes by 2050, aligning with the goals of the 2016 Paris Agreement. These targets demonstrate CCO's commitment to addressing climate change and reducing its carbon footprint in the outdoor advertising industry. All emissions data and reduction targets are sourced from Clear Channel Outdoor Holdings, Inc., with no cascaded data from parent companies.
How Carbon Intensive is Clear Channel Outdoor's Industry?
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Clear Channel Outdoor'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.
Clear Channel Outdoor 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.
