Universal Music

Universal Music, headquartered in the Netherlands and operating in "Other business services (74)", reported total carbon emissions of approximately 557.06 million kg CO2e in 2025. This included about 2.44 million kg CO2e from Scope 1 emissions, 5.87 million kg CO2e from Scope 2 (market-based), and approximately 548.75 million kg CO2e from Scope 3 emissions.

In 2024, total emissions were around 571.07 million kg CO2e, comprising approximately 1.80 million kg CO2e from Scope 1, 6.47 million kg CO2e from Scope 2 (market-based), and about 562.81 million kg CO2e from Scope 3.

Looking back to 2023, Universal Music's total emissions were approximately 477.16 million kg CO2e, with Scope 1 emissions at roughly 1.95 million kg CO2e, Scope 2 (market-based) at about 5.63 million kg CO2e, and Scope 3 emissions at around 469.59 million kg CO2e.

Universal Music has set ambitious climate commitments validated by the Science Based Targets initiative (SBTi). The company aims for net-zero greenhouse gas emissions across its value chain by 2040. For near-term targets, Universal Music commits to reducing absolute Scope 1 GHG emissions by 42% by 2030 from a 2023 base year. Additionally, it aims to reduce absolute Scope 1 and 2 GHG emissions by 58% by 2032 from a 2019 base year. For Scope 3, the company commits to reducing emissions from purchased goods & services, capital goods, fuel- and energy-related activities, upstream transportation and distribution, waste generated in operations, business travel, and employee commuting by 62% per EUR value added by 2032 from a 2019 base year. For long-term goals, Universal Music commits to reducing absolute Scope 1 and 2 GHG emissions by 90% by 2040 from a 2023 base year, and Scope 3 GHG emissions by 97% per million USD value added within the same timeframe. These targets cover all scopes and align with keeping global warming to 1.5°C.