Lions Gate Entertainment Corp.
Climate Impact & Sustainability Data (2023)
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Workforce Diversity and Inclusion
- Environmental Sustainability
- Supplier Diversity and Inclusion
Environmental Achievements
- Productions distribute documents electronically to minimize paper consumption and waste and limit the use of single-use plastics.
- U.S. productions encourage the employment of green vendors that provide sustainable goods and services for film, television and streaming productions.
Social Achievements
- Made our workforce more diverse and inclusive, with women making up nearly 60% of new hires and employees of color nearly 30% during the year.
- Doubled employee participation in our Employee Resource Groups and continued to increase the number of minority vendors with whom we do business.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Macro and microeconomic conditions, including the competitive environment, continued inflationary trends and recessionary economies worldwide and its impact on growth in subscribers worldwide.
- COVID-19 global pandemic impacts on theatrical distribution, film and television production, and consumer behavior.
- Competition from other streaming providers and changes in content consumption patterns.
Mitigation Strategies
- Restructuring of LIONSGATE+ business, exiting seven international territories.
- Strategic review of content performance, resulting in certain programming being removed from platforms.
- Cost-saving measures and revised subscriber growth and forecasted cash flow assumptions.
- Implementing inclusive hiring practices and supplier diversity and inclusion programs.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Company prioritizes vendors whose dedication to operating business in a responsible and sustainable manner directly aligns with those of Lionsgate.
- Vantiva, Wynalda, and Max Solutions are mentioned as vendors with sustainable practices.
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- STARZ hailed by Fast Company as “one of the brands that matters.”