Climate Change Data

MFE - MEDIAFOREUROPE N.V.

Climate Impact & Sustainability Data (2020, 2021, 2022, 2023)

Reporting Period: 2020

Environmental Metrics

Total Carbon Emissions:3828 tCO2e (Scope 1)
Scope 1 Emissions:3828 tCO2e
Renewable Energy Share:100% in Spain
Total Energy Consumption:330 TJ (electricity)
Waste Generated:1770 tons

ESG Focus Areas

  • Human Resources
  • Product Responsibility
  • Corporate Governance and Compliance
  • Responsibility towards Suppliers
  • Social and Community Responsibility
  • Environmental Responsibility

Environmental Achievements

  • Reduced electricity consumption by approximately 4% compared to 2019. All electricity purchased by Mediaset Spain is from renewable sources.
  • Decreased hazardous and non-hazardous waste compared to 2019 due to reduced staff presence in offices.

Social Achievements

  • Implemented Covid-19 emergency management plan, protecting employee health and safety while maintaining operations.
  • Launched various social communication campaigns addressing child protection, violence against women, and cyberbullying.
  • Continued advanced training initiatives, including a Master's in Journalism and a Master's in Marketing, Digital Communication, and Sales Management.
  • Maintained a high percentage (97%) of employees with open-ended contracts.

Governance Achievements

  • Updated Code of Ethics in 2019 to address conflicts of interest, whistleblowing, and other compliance matters.
  • Implemented an Enterprise Risk Management (ERM) model to identify and mitigate risks.
  • Complied with data protection regulations (GDPR).

Climate Goals & Targets

Environmental Challenges

  • Covid-19 pandemic impacting operations, production, and revenue.
  • Competition from new media platforms and global internet players.
  • Regulatory changes in the audiovisual and advertising sectors.
Mitigation Strategies
  • Implemented smart working, health and safety protocols, and screening for Covid-19.
  • Continued investment in content innovation and digital platforms.
  • Maintained strong relationships with stakeholders and adapted strategies to the changing environment.

Supply Chain Management

Responsible Procurement
  • Preference for local suppliers (97% in Italy, 96% in Spain).
  • Contracts include clauses referencing the Code of Ethics and compliance programs.
  • Implementation of responsible payment practices.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Sustainability Reporting Standards 2016 (in accordance – Core)

Certifications: ISO 45001:2018 (Occupational Health and Safety)

Third-party Assurance: Deloitte & Touche S.p.A. (limited assurance engagement)

UN Sustainable Development Goals

  • Goal 7 (Affordable and clean energy)
  • Goal 8 (Decent work and economic growth)
  • Goal 10 (Reduced inequalities)
  • Goal 11 (Sustainable cities and communities)
  • Goal 12 (Responsible consumption and production)
  • Goal 13 (Climate action)
  • Goal 17 (Partnerships for the goals)

The report links various initiatives to these SDGs.

Awards & Recognition

  • Airc -Credere nella ricerca award

Reporting Period: 2021

Environmental Metrics

ESG Focus Areas

  • Governance
  • Environment
  • Social

Environmental Achievements

  • Launched projects and initiatives aimed at reducing emissions in the coming years to reach a carbon-neutral condition. Goal is to use only energy from renewable sources and promote climate-neutral mobility.
  • Fundraising for reforestation of areas devastated by a storm in 2018.

Social Achievements

  • Strengthened campaigns to promote responsible broadcasters against misinformation and fake news.
  • Venture capital projects supporting digital start-ups with cross-media advertising campaigns.
  • Fundraising campaign to address the humanitarian emergency in Ukraine.
  • Maintained organized, flexible smart working model with minimal use of public welfare contributions.
  • Managerial development projects for young graduates.

Governance Achievements

  • Established a Sustainability Committee within its governance model, made up of independent directors.

Climate Goals & Targets

Short-term Goals:
  • Reduce CO2 emissions until Carbon Neutrality is achieved by 2030.

Environmental Challenges

  • Socio-demographic trends (rising average age of traditional television viewership) and new ways of consuming content among younger age groups.
  • New competitors operating at every link in the supply chain.
  • Regulatory changes on national and international levels.
  • Growing maturity of leading markets and rising cost of premium content.
Mitigation Strategies
  • Focus on a media-company model characterized by strong local/national quality, developing multi-device video distribution strategy, adapting compliance programs, and evaluating international agreements and alliances.

Supply Chain Management

Responsible Procurement
  • Preference for local suppliers (90% in Italy, 96% in Spain for goods and services)
  • Italian Responsible Payment Code adherence
  • Verification of supplier reliability and compliance with legislation
  • Contracts with third parties include explicit reference to the Code of Ethics and Compliance Programmes.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI

Certifications: UNI ISO 45001:2018 (OHSMS)

Third-party Assurance: Deloitte & Touche S.p.A. (limited assurance)

UN Sustainable Development Goals

  • Goal 3: Good Health and Well-being
  • Goal 4: Quality Education
  • Goal 5: Gender Equality
  • Goal 8: Decent Work and Economic Growth
  • Goal 10: Reduced Inequalities
  • Goal 11: Sustainable Cities and Communities
  • Goal 13: Climate Action
  • Goal 17: Partnerships for the Goals

The report details how various programs and initiatives contribute to these goals through content, campaigns, and internal practices.

Reporting Period: 2022

Environmental Metrics

Renewable Energy Share:100% of total energy use (for offices, production centers, and radio network)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Purchases electricity from 100% renewable sources for offices, production centers, and radio network.
  • Completed electrification of parking at Cologno Monzese site, facilitating conversion of company fleet to hybrid or full-electric models.

Social Achievements

  • Offered employee training courses, workshops, and innovative well-being services.
  • Launched internal communication initiatives, including "Dialoghi sulla Sostenibilità" and "Diversità ed Inclusione" series.
  • Initiated pre-assessment process to assess company's position on gender equality.

Governance Achievements

  • Adopted a system to guide and control ESG initiatives.
  • Introduced ESG objectives among the parameters of incentive systems.

Climate Goals & Targets

Short-term Goals:
  • Carbon Neutrality by 2030

Environmental Challenges

  • Reduced advertising market due to geopolitical crisis and inflation.
  • Potential challenges related to gender equality at management level.
Mitigation Strategies
  • Responsive cost containment despite energy price increases.
  • Pre-assessment process to identify opportunities for improvement in gender equality and potential certification.

Supply Chain Management

Responsible Procurement
  • OGs on "Managing Procurement of Goods and Services" and "Supplier Certification Management"

Climate-Related Risks & Opportunities

Physical Risks
  • Hydrogeological phenomena near operational sites

Reporting Standards

Frameworks Used: GRI

Certifications: UNI ISO 45001:2018 (OHSMS)

Third-party Assurance: Deloitte & Touche S.p.A. (limited assurance)

UN Sustainable Development Goals

  • Goal 4 (Quality Education)
  • Goal 5 (Gender Equality)
  • Goal 8 (Decent Work and Economic Growth)
  • Goal 10 (Reduced Inequalities)
  • Goal 11 (Sustainable Cities and Communities)
  • Goal 13 (Climate Action)
  • Goal 16 (Peace, Justice and Strong Institutions)
  • Goal 17 (Partnerships for the Goals)

The report links various initiatives to these SDGs based on their contribution to environmental, social, and economic targets.

Reporting Period: 2023

Environmental Metrics

Renewable Energy Share:100% (electricity for offices, production centers, and radio network)

ESG Focus Areas

  • Environment
  • Social
  • Governance

Environmental Achievements

  • Achieved emission reduction targets set for the year. Purchases electricity from 100% renewable sources to power offices, production centers, and radio network. Continued conversion of company car fleet to electrified models.
  • Green Audiovisual certification for Le Iene, Striscia la Notizia, and Dritto e Rovescio productions.

Social Achievements

  • Offered training courses, innovative well-being services, and internal communication initiatives to promote sustainable culture.
  • Launched a pre-assessment process to assess company compliance with diversity and inclusion legislation.
  • Implemented mapping processes to identify ESG-themed programs and establish indicators related to product and use volumes.

Governance Achievements

  • Extended the adoption of KPIs linked to achieving key ESG goals in long-term incentive systems.
  • Established an ESG Committee within its governance model.

Climate Goals & Targets

Medium-term Goals:
  • Carbon Neutrality by 2030
Short-term Goals:
  • Increase the percentage of women in senior management positions to 29% (achieved 100% in 2023).

Environmental Challenges

  • Reduced impact in terms of direct environmental impact.
  • Potential areas for improvement in management-level gender equality.
  • Need to progressively define and introduce models for monitoring the ESG positioning of its supply chain.
Mitigation Strategies
  • Pursues the goal of carbon neutrality by 2030.
  • Sets transparent and scientifically robust reduction targets to contribute to the goals set by the Paris Agreement.
  • Initiated an initial dual materiality assessment.
  • Preparing the necessary identification of activities to be included in Scope 3 reporting and defining relevant measurement and estimation models.

Supply Chain Management

Supplier Audits: Progressive extension of sampling to collect, analyse and monitor the ESG positioning of its suppliers (Green Procurement).

Responsible Procurement
  • Green Procurement system

Climate-Related Risks & Opportunities

Physical Risks
  • Hydrogeological phenomena

Reporting Standards

Frameworks Used: GRI

Certifications: UNI ISO 45001:2018 (OHSMS)

Third-party Assurance: Deloitte & Touche S.p.A. (ISAE 3000 Revised)