Madison Square Garden Entertainment Corp. (MSGE) and Madison Square Garden Sports Corp. (MSGS)
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Waste Generated:Over 186 tons recycled annually; 15+ tons of electronic waste diverted annually
ESG Focus Areas
- Philanthropy
- Community Engagement
- Workforce and Culture
- Sustainability
Environmental Achievements
- Reduced water consumption by over 60% in all NYC venue restrooms using sensor faucets
- Saved 400 gallons of water per day (146,000 gallons/year) by installing mechanical seals on condenser water
- Reduced water consumption by 20% through low-flush toilets
- Improved energy efficiency with energy-efficient fluorescents and LED lights
- Reduced energy consumption through a cloud-based analytic system
- Increased roof insulation for better temperature control and energy efficiency
- Diverted over 15 tons of electronic waste annually
- Converted over five tons of food scraps to biofuel in the first six months of 2022
- Recycled over 186 tons of waste (glass, metal, plastic, paper, etc.)
- 90% of food-service packaging is reusable, compostable, or recyclable
Social Achievements
- Garden of Dreams Foundation impacted more than 425,000 young people and their families, donating over $70 million
- Awarded over $6 million in Inspire Scholarships since 2015
- Distributed over $10 million in capital grants to community partners since 2006
- Provided millions of dollars in capital funds for enrichment spaces
- Delivered thousands of meals, gifts, and other support to families in need
- Operated two career mentorship programs (MSG Classroom and MSG4Me)
- Hosted annual Garden of Dreams Talent Show at Radio City Music Hall
- Provided free access to world-class events at MSG venues
- Distributed more than $2.5 million in relief grants to 1,200 employees through the MSG Relief Fund
- Donated more than 650,000 meals to families in need since 1995
- Donated more than 50,000 school supplies since 2016
- Partnered with NYC Board of Elections to make The Garden a polling site
- Hosted Team Roc New York Job Fair, resulting in 185 on-the-spot hires
- Six Employee Resource Groups produced over 17 internal programs
- Offered tuition reimbursement of up to $5,250 per year
- Employed more than 4,800 Student Associates since 2008
- Knicks and Rangers youth programs reached thousands of young people
- Rangers Learn to Play program introduced hockey to over 5,500 kids
- Rockettes Conservatory developed a more diverse and inclusive dance line
- CLG donated over $140,000 to various charities
Governance Achievements
- Established Standards of Business Conduct
- Created guidelines to de-bias talent review conversations
- Required all employees to participate in Consciously Inclusive Awareness Experience training
- Established a Diversity and Inclusion Council
- Implemented a Business and Supplier Diversity program
- Employee Accident Investigation Policy
Climate Goals & Targets
Environmental Challenges
- COVID-19 pandemic impact on part-time employees and community partners
- Supply chain disruptions (implied)
- Energy consumption (addressed through efficiency measures)
Mitigation Strategies
- Created MSG Relief Fund and Garden of Dreams COVID Grant program
- Sourcing sustainable products for food & beverage
- Implementing energy-efficient infrastructure and practices
- Mobile-only ticketing model to reduce paper waste
- On-site cleaning solution production to reduce reliance on industrial products
Supply Chain Management
Responsible Procurement
- Sourcing sustainable products (e.g., bamboo plates, recycled paper containers)
Climate-Related Risks & Opportunities
Awards & Recognition
- Lena and Joseph Mandelbaum Humanitarian Award (Rock and Wrap It Up!)
- Time Out New York’s Quar Wellness Award
- 2021 Shorty Award for Best Use of Instagram Live