Climate Change Data

Atresmedia Corporación de Medios de Comunicación, S.A. and Subsidiaries

Climate Impact & Sustainability Data (2022, 2023)

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:2,209 tCO2e/year
Renewable Energy Share:100% at San Sebastián de los Reyes facilities
Total Energy Consumption:126,383 GJ/year

ESG Focus Areas

  • Corporate Governance
  • Social
  • Environmental

Environmental Achievements

  • Defined Net Zero Strategy for 2050, aligned with SBTi; Scope 1 and 2 emissions reduced by 10.4%
  • 100% renewable energy use at San Sebastián de los Reyes facilities

Social Achievements

  • Launched Hablando en Plata initiative to support older people
  • Increased training hours by 278%
  • Broadcast €24.4 million worth of free advertising campaigns for NGOs
  • 92.7% of programmes subtitled

Governance Achievements

  • Complied with 58/60 CNMV Good Governance Code recommendations
  • Executive compensation linked to ESG KPIs (Good Governance Code compliance, NGO advertising, subtitled content, CDP rating)

Climate Goals & Targets

Long-term Goals:
  • Net zero carbon emissions by 2050

Environmental Challenges

  • Advertising market performance due to the war in Ukraine and inflation
  • Litigation and disputes (CNMC fine, SGAE proceedings)
Mitigation Strategies
  • Amended commercial policy to adapt to emerging advertising sectors
  • Significant cost-cutting measures
  • Ongoing monitoring of working capital and financing
  • Modified commercial policy and conduct to address CNMC fine appeal

Supply Chain Management

Responsible Procurement
  • Code of Conduct for suppliers
  • Supplier social responsibility clause in contracts (equal opportunities, non-discrimination, employee safety, environmental impact)

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards, GRI G4 Media Sector Supplement

UN Sustainable Development Goals

  • SDG 1
  • SDG 2
  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 9
  • SDG 10
  • SDG 11
  • SDG 13
  • SDG 16
  • SDG 17

Atresmedia contributes to the SDGs through various initiatives, including free advertising for NGOs, corporate volunteering, and content creation.

Awards & Recognition

  • AUTOCONTROL CSR certificate
  • SERNAUTO award for Ponle Freno
  • Zapping Award and ARHOE Award for Levanta la Cabeza

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:2,211 tCO2e (Scope 1 and 2)
Renewable Energy Share:100% at headquarters and local offices
Total Energy Consumption:119,593 GJ (-26.3% vs. 2022)

ESG Focus Areas

  • Corporate Governance
  • Social Responsibility
  • Environmental Responsibility

Environmental Achievements

  • Launched Net Zero Strategy for 2030 and 2050, validated by SBTi
  • Reduced Scope 1 and 2 emissions by 26.3% vs 2022
  • 100% renewable energy at headquarters and local offices
  • Achieved A- rating from Carbon Disclosure Project (CDP)

Social Achievements

  • Increased free advertising for NGOs to €27.9M (+14% vs 2022)
  • 2,362 hours of volunteering (+16% vs 2022)
  • 92.5% of television content subtitled (+41.75% vs 2022)
  • Launched Hablando en plata initiative to combat ageism
  • Atresmedia named one of the most trusted companies in the world by Newsweek

Governance Achievements

  • Complied with 58/60 CNMV Good Governance Code recommendations
  • Executive compensation linked to ESG performance (5%)
  • Approved new remuneration policy (2024-2026) with ESG components
  • Updated Code of Conduct to align with whistleblower protection law

Climate Goals & Targets

Long-term Goals:
  • Net Zero Strategy for 2050
Medium-term Goals:
  • Net Zero Strategy for 2030

Environmental Challenges

  • Uncertainty in the advertising market due to inflation and geopolitical concerns
  • Litigation and administrative disputes (CNMC fine, SGAE proceedings)
  • Cybersecurity threats
  • Data protection and privacy regulations
  • Adapting to the evolving media landscape and increasing content demand
Mitigation Strategies
  • Implemented amended commercial policy
  • Cost control and cost discipline
  • Ongoing monitoring of working capital and financing
  • Robust cybersecurity processes and incident management
  • Personal Data Protection Model and General Data Protection Policy
  • Continuous adaptation and update of procedures to ensure compliance with privacy regulations
  • Investment in new technologies and digital platforms

Supply Chain Management

Supplier Audits: 44% of suppliers approved or in the process of being approved by year-end 2023

Responsible Procurement
  • Code of Conduct
  • Supplier sustainability requirements
  • New digital supplier approval procedure

Climate-Related Risks & Opportunities

Physical Risks
  • Extreme weather events

Reporting Standards

Frameworks Used: GRI Standards, GRI G4 Media Sector Disclosures

UN Sustainable Development Goals

  • SDG 3
  • SDG 10
  • SDG 17

Atresmedia's initiatives contribute to these goals through free advertising for NGOs, specialized content, partnerships, and corporate volunteering.

Awards & Recognition

  • Newsweek's Most Trusted Companies
  • FTSE4Good Ibex sustainability index
  • Ibex Gender Equality index
  • S&P Global Dow Jones index rating