All Things Considered Group Plc
Climate Impact & Sustainability Data (2021, 2022)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Diversity
- Environmental Sustainability
- Community Investment
Environmental Achievements
- Working with The Smile and the Tyndall Centre for Climate Change Research to decarbonise live music; planting climate-resilient trees for every train ticket purchased to The Smile's UK shows.
- Exploring carbon offsetting and rewilding initiatives.
Social Achievements
- Partnership with Soundskool to provide music industry opportunities for young people.
- ATC Live signed the “Key Change Pledge” working towards equality.
- Partnership with Arts Emergency to support disadvantaged young people in the creative industry.
- Teaching music industry classes in deprived areas of Los Angeles and offering paid internships.
Governance Achievements
- Established a new Board and implemented governance procedures appropriate for a listed business.
- Welcomed new non-executive directors with strong experience in finance and the music industry.
- Appointed a Chief Financial Officer.
Climate Goals & Targets
Environmental Challenges
- Reliance on a small number of key artists for revenue.
- Attracting and retaining key personnel.
- Limited operating history of Driift.
- Disruption from failure of Driift UK’s livestreams.
- Actions of third parties and contractors.
- Business ventures with third parties.
- Competition in the music industry.
- Potential impact of the COVID-19 pandemic or other epidemics.
Mitigation Strategies
- Good relationships with established and upcoming artists; diversification of roster.
- Positive reputation for nurturing a good work environment; new hires since year end.
- Close monitoring of the livestreaming market; securing new high-profile artists.
- Exclusive arrangement with Dreamstage for hosting and ticketing services.
- Reviewing the performance of third-party vendors and contractors.
- Reviewing the performance of third-party vendors and contractors.
- Agility and speed in entering growing industry areas; strong negotiating position.
- Close monitoring of the situation; Driift's resilience; working with artists on tour plans.
Supply Chain Management
Climate-Related Risks & Opportunities
Awards & Recognition
- Royal Television Society Award
- Bafta
Reporting Period: 2022
Environmental Metrics
ESG Focus Areas
- Diversity
- Environmental Impact
- Community Investment
Environmental Achievements
- Joined the Camden Carbon Alliance
- Engaged a sustainability consultant to assist in reducing carbon within the Group’s physical workspaces and to reduce the impact of business travel
- Work with clients to improve the sustainability of touring
Social Achievements
- ATC Live and ATC Management are signatories to ‘Arts Emergency’, an award-winning mentor charity which is aimed at encouraging and enabling disadvantaged young people into the creative industry.
- In 2020 ATC Management launched a 2-term A&R mentorship with 26 college students and 10 managers across Brighton Institute of Modern Music (BIMM)’s 7 campuses.
- ATC Live has partnered with Route to provide a young person aged between 18 and 25 from a low-income background, with no official music industry experience, a five month paid placement working in the live music sector.
- Senior management in North America continue to attend schools in south Los Angeles in particularly deprived areas to teach classes on the music industry.
- ATC Live remains a committed signatory to “Key Change Pledge” working towards equality across the company, its artists’ stages and the festivals they perform at.
Governance Achievements
- The Group elected to comply with the regulations of the QCA Code of Corporate Governance from its admission on 21 December 2021.
Climate Goals & Targets
Environmental Challenges
- Reliance on a small number of key artists for revenue generation.
- Attracting and retaining key personnel (Directors, artist managers, and agents).
- Limited operating history of Driift and its dependence on a rapidly evolving market.
- Disruption from failure of Driift UK’s livestreams.
- Actions of third parties and contractors.
- Competition in the music industry.
- Currency and foreign exchange fluctuations.
Mitigation Strategies
- Good relationships with established and upcoming artists; roster diversification.
- Positive reputation for nurturing a good work environment; attracting new managers and agents.
- Increased Deezer investment in Driift; monitoring market evolution and cost-effective production.
- Driift's acquisition of Dreamstage; platform optimization.
- Reviewing the performance of third-party contractors.
- Agility in entering growing industry areas; strong negotiating position.
- Reviewing the need for foreign currency hedging transactions.
Supply Chain Management
Climate-Related Risks & Opportunities
Reporting Standards
Frameworks Used: QCA Code of Corporate Governance