Climate Change Data

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