UMG GETS THUMBS-UP ON EMISSIONS

Universal Music Group’s greenhouse-gas-emission reduction targets have been approved by the Science Based Targets initiative, the gold standard for corporate climate goals.

UMG has committed to achieving GHG emissions targets and outlined a pathway to reduce scope 1 and 2 GHG emissions 58% by 2032 and scope 3 GHG emissions from purchased goods & services by 62%.

The Greenhouse Gas Protocol defines Scope 1 emissions as direct emissions from owned or controlled sources and Scope 2 as emissions associated with the generation of electricity, heating/cooling or steam purchased for the reporting organization’s own consumption. Scope 3 are indirect emissions beyond those covered in Scope 2.

The Science Based Targets initiative has confirmed that the science-based greenhouse-gas-emissions reductions targets submitted by UMG conform with SBTi criteria and recommendations.

Said UMG EVP/CFO/President of Operations Boyd Muir, “By aligning our operations with science-based targets, we deepen our commitment to embed sustainability principles into our business practices and innovate for a resilient future in which both global communities and music lovers thrive."

HITS has its own issues with gaseous emissions that may someday be reduced. But we doubt it.

HITS LIST:
HOME RUN DERBY
Going yard (7/11a)
SONG REVENUE:
SCHLEMIEL, SHABOOZEY
Th epitome of new country (7/11a)
GRAMMY PRE-CHEW:
THREE QUESTIONS ABOUT THE BIG 4
On your Marks, get set, go. (7/8a)
TOWARD A FRUITFUL GRAMMY SEASON
Our editurr in chief has something on his mined. (7/10a)
SABRINA TO REACH NEW HEIGHTS WITH TOUR MERCH?
Her table's stacked. (7/10a)
THE GRAMMY SHORT LIST
Who's already a lock?
COUNTRY'S NEWEST DISRUPTOR
Three chords and some truth you may not be ready for.
AI IS ALREADY EATING YOUR LUNCH
The kids can tell the difference... for now.
INDIE DISTRIBUTION'S RISE TO GLORY
The discovery engine is revving higher.
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