Climate Change Data

Grupo Clarín S.A.

Climate Impact & Sustainability Data (2015, 2023)

Reporting Period: 2015

Environmental Metrics

Total Carbon Emissions:41,485,799.75 tCO2e/year
Scope 1 Emissions:14,272.09 tCO2e/year
Scope 2 Emissions:41,471,527.67 tCO2e/year
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:179,832.80 m3/year
Waste Generated:15,056.32 tons/year
Carbon Intensity:Not disclosed

ESG Focus Areas

  • Ethics and Integrity
  • Transparency
  • Regulatory Compliance
  • Economic Performance
  • Freedom of Expression
  • Responsible Creation and Distribution of Content
  • Editorial Independence
  • Privacy Protection
  • Consumer’s Rights
  • Employment Generation
  • Training and Professional Development for Employees
  • Contribution to Education and Culture
  • Encouragement of Open Debate and Public Involvement
  • Efficient and Sustainable Use of Materials
  • Energy Efficiency
  • Waste Management
  • Responsible Management of Water

Environmental Achievements

  • Reduced power consumption by 1.5% between 2015 and 2016 at AGEA.
  • 16,399 tons of recycled waste in 2015.
  • 100% recyclable aluminum from metal sheets used in the printing process.
  • FSC certification received by AGR, guaranteeing the chain of custody of the paper used.

Social Achievements

  • Launched several training programs for employees, totaling 162,128 hours.
  • 90% response rate in the work environment survey.
  • 96% retention rate of women employees after maternity leave.
  • Developed the Corporate Volunteer Program “Vos también”, benefiting 1,660 people in 10 provinces.
  • Donated 1,702,023 seconds of radio and broadcast and cable TV airtime to public welfare messages.
  • Invested 228 million pesos in-kind to public welfare messages.

Governance Achievements

  • Established a Code of Ethics and Behavior applicable to the company and all subsidiaries.
  • Implemented a report channel for employees to report concerns about unethical or unlawful behavior.
  • No violations of the Code of Ethics were reported in 2015.
  • Maintained a low level of indebtedness, with a Gross Debt to EBITDA ratio lower than one.

Climate Goals & Targets

Long-term Goals:
  • Develop 25 actions of the strategic program to build Grupo Clarín’s social ecosystem.
  • Maintain zero occupational accidents policy.
  • Manage the development of substitute worker schemes.
  • Reach 100% of business units with flexible working hours.
  • Create a committee to follow up on gender policy.
  • Set objectives for managers to implement gender-related actions.
  • Take employee satisfaction levels to market benchmarks.
Medium-term Goals:
  • Implement environmental awareness initiatives.
  • Generalize power indicators to improve impact measurement.
  • Increase renewable energy use to 8%.
  • Incorporate environmental criteria on e-commerce platforms.
Short-term Goals:
  • Obtain the social and environmental commitment from 60% of active suppliers.
  • Include sustainability criteria in procurement policy and manuals.
  • Incorporate social suppliers and suppliers with reduced environmental impact.
  • Enhance sustainability training programs.

Environmental Challenges

  • Adapting content and business models to new technologies and forms of interaction.
  • Escalating harassment against Grupo Clarín, including administrative attacks, legislative initiatives, false claims, and lawsuits.
  • Challenges in financing quality journalistic and entertaining content in the digital age.
  • Maintaining editorial independence in a challenging political environment.
Mitigation Strategies
  • Incorporated cutting-edge technology and implemented multiplatform newsrooms.
  • Maintained transparency and public disclosure of financial and operational information.
  • Diversified advertising revenue sources to avoid dependence on official advertising or a few advertisers.
  • Continued to invest in high-quality journalism and investigative reporting.

Supply Chain Management

Supplier Audits: 100% of audited suppliers met environmental requirements (AGEA).

Responsible Procurement
  • Sustainability Commitment Letter requiring adherence to CSR and sustainable operations.
  • Inclusive procurement initiatives with sheltered workshops.

Climate-Related Risks & Opportunities

Physical Risks
  • Floods in forestry areas
  • Damages to infrastructure
Transition Risks
  • Not disclosed
Opportunities
  • Not disclosed

Reporting Standards

Frameworks Used: GRI G4 Guidelines (Core option), GRI Media Sector Supplement, UN Global Compact, ISO 26000

Certifications: ISO 14001 (Cablevisión and AGEA), FSC (AGR)

Third-party Assurance: PricewaterhouseCoopers Argentina

UN Sustainable Development Goals

  • Goal 1
  • Goal 2
  • Goal 3
  • Goal 4
  • Goal 5
  • Goal 6
  • Goal 7
  • Goal 8
  • Goal 9
  • Goal 10
  • Goal 11
  • Goal 12
  • Goal 13
  • Goal 14
  • Goal 15
  • Goal 16
  • Goal 17

See pages 88-93 for details on how initiatives contribute to the SDGs.

Sustainable Products & Innovation

  • Not disclosed

Awards & Recognition

  • Freedom of Expression Award (Freedom House)
  • Various Martin Fierro Awards
  • WAN-IFRA awards
  • Goya Award (for the film "El Clan")

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:16,012.21 tCO2e/year (scope 1 and 2)
Scope 1 Emissions:1,837.08 tCO2e/year
Scope 2 Emissions:14,175.13 tCO2e/year
Scope 3 Emissions:247,847.70 tCO2e/year
Total Energy Consumption:151,335.55 GJ/year
Water Consumption:8.75 megaliters/year
Waste Generated:926.88 tons/year

ESG Focus Areas

  • Responsible content creation
  • Sustainable management of operations
  • Transparent communication
  • Diversity
  • Environmental awareness
  • Journalistic independence

Environmental Achievements

  • Reduced energy consumption by approximately 10% at the printing plant compared to 2022.
  • Recertification of the ISO14001:2015 environmental management system at the printing plant.
  • La Voz del Interior established a fleet reduction plan to save costs and reduce emissions.
  • TyC Sports achieved a 17% decrease in electrical consumption compared to the previous year due to LED lighting replacement.
  • Gestión Compartida achieved a reduction of approximately 15% in the electrical consumption of air conditioners due to optimization of unused sectors.

Social Achievements

  • Launched the fifth edition of “Democracy and Development”, a cycle that seeks to address the institutional, economic, and social challenges of Argentina.
  • Held the third edition of “The Coming World”, focused on the new agenda of society and businesses.
  • Continued with the interview series “Héroes y heroínas” (Heroes and Heroines), dedicated to portraying outstanding individuals from the community.
  • More than 3,600 teachers and students from teaching colleges across the country enrolled in 24 virtual courses to strengthen their digital and media literacy skills.
  • Continued with internship programs that promote youth employment.
  • Achieved a 77% participation rate and a 70% satisfaction level in the Internal Opinion Survey (IOS).

Governance Achievements

  • Prepared the Integrated Annual Report in accordance with the guidelines of the Integrated Reporting Framework and the GRI Standards.
  • Reports on the progress made in fulfilling the 10 Principles of the United Nations Global Compact and the contribution to the Sustainable Development Goals.
  • Implemented a long-term savings plan for certain executives.

Climate Goals & Targets

Environmental Challenges

  • Persistent economic crisis marked by acceleration of inflation, currency depreciation, and interest rate increases.
  • Decline in advertising revenues, especially during the last quarter of the year.
  • Complex macroeconomic environment impacting GDP and the media industry.
  • Migration of advertising to digital platforms.
  • Challenges posed by digital transformation and the development of a new business model.
Mitigation Strategies
  • Maintained market position despite a fall in sales across the industry.
  • Focused on expanding digital content and digital subscriptions.
  • Implemented cost-saving measures and optimized processes.
  • Invested in innovation and new technologies.
  • Continued to invest in high-quality content across various multimedia and multiplatform formats.

Supply Chain Management

Supplier Audits: 100% of active suppliers signed the Letter of Commitment to Sustainability.

Responsible Procurement
  • Letter of Commitment to Sustainability

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: Integrated Reporting Framework, GRI Standards, UN Global Compact

Certifications: ISO 14001:2015

Awards & Recognition

  • Two Eikon Awards
  • WAN-IFRA award for Best Digital Subscription Strategy
  • Eight ADEPA awards
  • +Digital Awards
  • Lápiz de Bronce Award
  • First ADEPA award in the Freedom of the Press category
  • Gold and Silver Eikon Awards
  • Martín Fierro Award
  • Three ADEPA awards for TN
  • Seven Telly Awards for TN
  • Six international distinctions at the 2023 W3 Awards for TN
  • Recognition from the School of Medical Sciences of the University of Buenos Aires for TN
  • Distinction at the 2023 Investigative Journalism Awards by FOPEA for TN
  • Two recognitions at the 2023 Iris América Awards for TN and eltrece
  • Luchemos por la vida Award 2023 for Radio Mitre