Universal Music Publishing Group, Inc. Sustainability Profile
Universal Music Publishing Group, Inc. (UMPG), a leading entity in the music publishing industry, is headquartered in the United States. Established in 1960, UMPG has grown to become a global powerhouse, with significant operations across North America, Europe, and Asia. The company excels in various business areas, including music rights management, licensing, and creative services, catering to a diverse roster of songwriters and artists. UMPG's core offerings include comprehensive publishing services that ensure songwriters receive fair compensation while maximising their creative potential. Notable achievements include a vast catalogue of iconic songs and strategic partnerships that enhance its market position. With a commitment to innovation and excellence, Universal Music Publishing Group continues to shape the future of music publishing on a global scale.
DitchCarbon Score
How does Universal Music Publishing Group, 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 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
Universal Music Publishing Group, Inc.'s score of 72 is higher than 85% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Universal Music Publishing Group, Inc., headquartered in the US, currently does not have specific carbon emissions data available for the most recent year. The company is a current subsidiary of Universal Music Group N.V., which may influence its climate commitments and emissions reporting. As of now, there are no documented reduction targets or significant climate initiatives directly attributed to Universal Music Publishing Group, Inc. However, it is important to note that any climate commitments or targets may be inherited from its parent company, Universal Music Group N.V., which operates under various industry-standard frameworks such as the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP). Given the absence of specific emissions data and reduction targets, Universal Music Publishing Group, Inc. appears to be in the early stages of formalising its climate strategy. The company may benefit from aligning with the broader sustainability goals set by its parent organisation, which could include future commitments to reduce carbon emissions across its operations.
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| 2019 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Scope 1 | 4,441,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 7,013,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | 530,824,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
How Carbon Intensive is Universal Music Publishing Group, Inc.'s Industry?
How Carbon Intensive is Universal Music Publishing Group, Inc.'s Location?
Universal Music Publishing Group, Inc.'s Scope 3 Categories Breakdown
Universal Music Publishing Group, Inc.'s Scope 3 emissions, which increased by 32% last year and increased by approximately 17% since 2019, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 53% of Scope 3 emissions.
Top Scope 3 Categories
Universal Music Publishing Group, 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.
Universal Music Publishing Group, 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.
