Live Nation Entertainment, Inc.

Climate Impact & Sustainability Data (2019, 2023)

Medium-term Goals:

Short-term Goals:

Prioritizing reuse, renewable resources, certified compostable products, and products with high recycled content

Frameworks Used: UN Sustainable Development Goals, Science Based Targets Initiative

Launched Sober Nation program providing sobriety and recovery support for employees.
Enhanced mental well-being offerings for staff, including increased virtual mental health coaching/therapy sessions.
Provided assistance with fertility needs, adoption/surrogacy, and caregiver leave.
Offered career advancement opportunities, including leadership workshops and tuition reimbursement.
Provided financial support to employees facing various crises through Crew Nation, donating $15 million since 2020.
Increased overall representation at all levels of the business to strengthen diversity.
Joined "Diversify The Stage" and partnered with the Black Music Action Coalition (BMAC) to promote diversity and inclusion.

Intense competition in the live music and ticketing industries.
Rapidly changing public tastes and dependence on popular artists' availability.
Risks associated with extraordinary events (terrorism, disease epidemics).
Data loss or breaches of network security.
Governmental regulations (privacy, anti-bribery, ticketing, venue operations).
Potential liabilities from personal injuries and accidents at events (Astroworld).
Adverse weather conditions affecting attendance.
High debt and lease obligations restricting operations.
Seasonal nature of business causing quarterly and yearly variations in financial performance.
Increased costs and difficulties obtaining adequate insurance coverage.
Dependence on unionized labor and potential work stoppages.
Potential union pension obligations.
Fluctuations in exchange rates impacting results of operations.
Risks associated with acquisitions and integration of acquired companies.

Cancellation insurance policies to cover some losses from artist cancellations.
Long-term agreements with key personnel and business contacts.
Investment in ticketing platforms and innovative products.
Comprehensive incident response, business continuity, and disaster recovery plans.
Third-party risk management (TPRM) approach.
Regular cybersecurity training for employees.
Global anti-corruption compliance and training programs.
Health and safety programs to mitigate risks at events.
Forward currency contracts to reduce foreign currency risk.
Insurance programs to address various risks.
Good relationships with employees and unionized labor.
Monitoring of cash and cash equivalents balances.
Strategies to manage cash flow fluctuations and access capital markets.