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 reduced through recycling
ESG Focus Areas
- Philanthropy
- Community Engagement
- Workforce and Culture
- Sustainability
Environmental Achievements
- 90% of food-service packaging at MSG Entertainment’s performance venues are eco-friendly
- 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
- Converted more than five tons of leftover food scraps to biofuel in the first six months of 2022
- Reduced waste headed to landfills by over 186 tons through recycling programs
- Reduced power consumption by 25–30% during Demand Response Program periods in NYC venues
- Chicago Theatre received the highest rating for energy performance from the city’s energy benchmarking program
Social Achievements
- Garden of Dreams Foundation impacted more than 425,000 young people and their families, donating over $70 million in grants, scholarships, tickets, and experiences
- 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, diverting 217 tons of greenhouse gas and conserving more than 600 million gallons of water
- Created six Employee Resource Groups (ERGs) with approximately 550 members, producing over 17 internal programs for employees
- Hosted the Team Roc New York Job Fair, resulting in 185 on-the-spot hires and over 90% of attendees advancing in the hiring process
- Donated more than 50,000 school supplies to support underserved students
- Partnered with Rock and Wrap It Up!, donating 4,000 tons of food (650,000+ meals) to local pantries and shelters
Governance Achievements
- Updated Consciously Inclusive Awareness Experience training and required participation for all employees
- Created guidelines to de-bias talent review conversations
- Established an Emerging Talent program to identify and develop high-performing talent
Climate Goals & Targets
Environmental Challenges
- Supply chain disruptions
- COVID-19 pandemic impact on employees and communities
Mitigation Strategies
- Created the MSG Relief Fund to support employees
- Established the Garden of Dreams COVID Grant program to provide immediate financial relief to partners
- Sourced sustainable products for use throughout The Garden, utilizing climate-friendly materials
- Adopted new measures to prevent the spread of infection, including becoming one of NYC’s first 100% vaccinated workplaces
Supply Chain Management
Responsible Procurement
- Sourcing sustainable products with reduced carbon footprint (bamboo plates, recycled paper containers)
Climate-Related Risks & Opportunities
Awards & Recognition
- Time Out New York’s Quar Wellness Award
- 2021 Shorty Award for Best Use of Instagram Live
- Lena and Joseph Mandelbaum Humanitarian Award from Rock and Wrap it Up!