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 57% 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), headquartered in the US, 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. For 2022, the carbon intensity was approximately 62.7 kg CO2e per $1 million in revenue, indicating a slight improvement year-on-year. CCO 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 2016 Paris Agreement. These commitments demonstrate CCO's proactive approach to addressing climate change and reducing its carbon footprint, although specific emissions data remains limited. The company's initiatives are part of a broader industry trend towards sustainability and accountability in carbon emissions management.
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.
