Virgin Music Group Limited Sustainability Profile
Virgin Music Group Limited, headquartered in Great Britain, is a prominent player in the global music industry. Founded in 2021, this dynamic company has quickly established itself as a key player in music distribution, artist management, and music publishing. With a focus on innovative digital solutions, Virgin Music Group offers a unique blend of services that cater to both emerging and established artists. Operating primarily in Europe and North America, Virgin Music Group Limited has made significant strides in the competitive landscape of music. The company is renowned for its commitment to artist development and its ability to adapt to the ever-evolving music market. Notable achievements include partnerships with a diverse roster of talent, positioning Virgin Music Group as a forward-thinking leader in the industry.
DitchCarbon Score
How does Virgin Music Group Limited'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 Other 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
Virgin Music Group Limited's score of 75 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
Virgin Music Group Limited, headquartered in Great Britain, 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 means that any climate commitments or emissions data may be inherited from its parent organization. As part of its climate strategy, Virgin Music Group Limited aligns with the initiatives set forth by Universal Music Group N.V. This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. However, specific reduction targets or achievements for Virgin Music Group Limited have not been disclosed. The absence of direct emissions data suggests that Virgin Music Group Limited is still in the process of establishing its own climate commitments or may rely on the broader strategies of its parent company. As the music industry increasingly prioritises sustainability, Virgin Music Group Limited is expected to contribute to these efforts in alignment with Universal Music Group N.V.'s overarching climate goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 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 Virgin Music Group Limited's Industry?
How Carbon Intensive is Virgin Music Group Limited's Location?
Virgin Music Group Limited's Scope 3 Categories Breakdown
Virgin Music Group Limited'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
Virgin Music Group Limited'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.
Virgin Music Group Limited 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.
