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.
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.
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.
Clear Channel Outdoor's score of 30 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Clear Channel Outdoor (CCO) reported a carbon intensity of approximately 51.6 kg CO2e per $1 million in revenue, based on a total revenue of about $1.43 billion. This figure reflects the company's Scope 1 and 2 emissions, although specific absolute emissions data for these scopes has not been disclosed. In 2022, the carbon intensity was higher at approximately 62.7 kg CO2e per $1 million in revenue, indicating a potential improvement in emissions efficiency. Clear Channel Outdoor has set ambitious climate commitments, aiming for a 90% reduction in absolute Scope 1 and 2 greenhouse gas emissions 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 commitments demonstrate CCO's proactive approach to addressing climate change and reducing its carbon footprint. The emissions data and reduction targets are sourced from Clear Channel Outdoor Holdings, Inc., with no cascaded data from parent or related organizations.
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.
Clear Channel Outdoor 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.