Metro-Goldwyn-Mayer Studios Inc. Sustainability Profile
Metro-Goldwyn-Mayer Studios Inc. (commonly known as MGM) is a prominent American film and television production company headquartered in the United States. Founded in 1924, MGM has a rich history marked by iconic films and a legacy of cinematic excellence. The studio operates primarily in the entertainment industry, focusing on film production, television programming, and distribution. MGM is renowned for its extensive library of classic films, including beloved titles such as "The Wizard of Oz" and "Singin' in the Rain." The company has consistently positioned itself as a leader in the market, known for its unique storytelling and high-quality productions. With a commitment to innovation and creativity, MGM continues to shape the landscape of modern entertainment, making it a significant player in the global media industry.
DitchCarbon Score
How does Metro-Goldwyn-Mayer Studios Inc.'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 Recreation and Sports Services 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
Metro-Goldwyn-Mayer Studios Inc.'s score of 85 is higher than 92% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Metro-Goldwyn-Mayer Studios Inc. (MGM), headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. As a current subsidiary of Amazon.com, Inc., MGM's climate commitments and reduction initiatives are influenced by its parent company's sustainability strategies. MGM's emissions data and reduction targets are cascaded from Amazon.com, Inc., which operates at a cascade level of three. This means that MGM aligns its climate initiatives with those set forth by Amazon, including participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). However, specific reduction targets or achievements for MGM itself have not been disclosed. As part of its commitment to sustainability, MGM is expected to adhere to the broader climate pledges established by Amazon, which include ambitious goals for reducing carbon emissions across its operations. While MGM does not currently report its own emissions figures, it is positioned within a corporate family that prioritises climate action and aims to achieve significant reductions in greenhouse gas emissions in the coming years.
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| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|
| Scope 1 | 4,980,000,000 | 0,000,000,000 | 0,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
| Scope 2 | 4,710,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
| Scope 3 | 48,600,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Metro-Goldwyn-Mayer Studios Inc.'s Industry?
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Metro-Goldwyn-Mayer Studios Inc.'s Scope 3 Categories Breakdown
Metro-Goldwyn-Mayer Studios Inc.'s Scope 3 emissions, which increased by 6% last year and increased by approximately 4% since 2018, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 74% of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 34% of Scope 3 emissions.
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Metro-Goldwyn-Mayer Studios Inc.'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.
Metro-Goldwyn-Mayer Studios Inc. 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.
