Fox Corporation
Climate Impact & Sustainability Data (2020, 2021, 2022, 2023, 2024)
Reporting Period: 2020
Environmental Metrics
ESG Focus Areas
- Communities
- People
- World (Environment)
- Practices (Governance)
Environmental Achievements
- 75% waste diversion rate at FOX Studio Lot in 2019
- Replaced more than 13,000 square feet of lawn with artificial turf at FOX Studio Lot, saving more than 6,000 gallons of water per year
- Computerized irrigation system saving an estimated 1.5 million gallons of water each year
- More than 200,000 single-use water bottles reduced on remote broadcasts since 2018 World Series
- Almost 5,000 single-use coffee pods recycled during the 2019 NASCAR season
- FOX Sports offset all emissions related to operations and business travel during Super Bowl LIV by purchasing 1,154 MT of carbon offsets
- Bevi filtration systems served nearly 50,000 gallons of water, eliminating more than 350,000 water bottles from landfills
Social Achievements
- Launched a nationwide Holiday Campaign resulting in over 85,000 pounds of food collected for local food banks and more than 260,000 toys donated to foster children and military families.
- 100% score in the Human Rights Campaign Foundation’s 2020 Corporate Equality Index
- Donated over 9.5 tons of unserved food to local food banks and nonprofits
- Provided 100% coverage of medical insurance premiums for all full-time employees and waived telemedicine copays in response to COVID-19
- Prepared and delivered 80,000 meals for Los Angeles residents with disabilities in partnership with Mayor Garcetti's office
- Donated $1 million to the City of Los Angeles Emergency COVID-19 Crisis Fund
- Raised over $15 million through FOX Presents the iHeart Living Room Concert for America benefit special for Feeding America and the First Responders Children’s Foundation
- 40% of U.S. full-time workforce identified as female and 32% as persons of color in 2020
- 45% of 2019 hires were female and 35% were persons of color
Governance Achievements
- Developed and implemented a comprehensive Environmental, Health, and Safety (EHS) program
- Implemented a comprehensive business continuity plan
- Developed and implemented a supplier management policy
- Conducted mandatory companywide cybersecurity compliance training
- Established a Workplace Professionalism and Inclusion Council
- Implemented Standards of Business Conduct and Preventing Harassment, Discrimination and Retaliation Policy
- Implemented Global Anti-Bribery and Anti-Corruption Policy
- Implemented Political Activities Policy
Climate Goals & Targets
Short-term Goals:
- Pursue ISO 14001 certification
- Disclose environmental data to the CDP by 2022
Environmental Challenges
- COVID-19 pandemic impacting operations and requiring swift response
- Climate change related risks to business continuity and supply chain
- Maintaining a diverse and inclusive workplace
- Ensuring ethical conduct and compliance across all operations
Mitigation Strategies
- Implemented remote work policy, provided enhanced employee benefits, and launched COVID-19 relief initiatives
- Developed and implemented a comprehensive EHS program, invested in resource efficiency and clean energy, and developed a business continuity plan
- Implemented various talent recruitment initiatives, diversity and inclusion programs, and employee resource groups
- Established a robust ethics and compliance program, including risk assessments, training, and reporting mechanisms
Supply Chain Management
Responsible Procurement
- Supplier management policy requiring compliance with environmental laws and regulations and continual improvement and pollution prevention
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting business continuity
Reporting Standards
Frameworks Used: SASB
Certifications: Pursuing ISO 14001 certification
Awards & Recognition
- 100% score in the Human Rights Campaign Foundation’s 2020 Corporate Equality Index
- Top Employer and Top LGBTQ+ Friendly Company by DiversityComm (2019)
- Top Military Friendly® Employer (2019)
- FOX Flight Team received Piloting Innovation Award from Women And Drones (2019)
Reporting Period: 2021
Environmental Metrics
ESG Focus Areas
- Community Engagement
- Employee Well-being
- Environmental Sustainability
- Ethical Business Practices
- Diversity and Inclusion
Environmental Achievements
- Reduced power needs at the FOX Technology Center in Arizona by more than 25%
- Planted 6,346 trees through an employee fitness challenge
- Achieved a 38% waste diversion rate at the FOX Studio Lot and a 24% decrease in total waste from 2019
- Saved over 1.5 million gallons of water per year at the FOX Studio Lot through water conservation initiatives
Social Achievements
- Provided 250,000 meals to children in need through a partnership with No Kid Hungry
- Donated over 3.2 tons of unserved food to local food banks
- Raised $3 million for food banks through food drives and telethons
- Donated over 700 coats to New York City residents
- Matched over $1 million in employee donations to various non-profit organizations
- Employees volunteered 2,880 hours
- Supported 12 Los Angeles area schools with $250,000 for arts, music, and creative programs through FOX For Students
- Supported the Los Angeles Regional Food Bank’s BackPack Program
- Impacted 62,872 children through partnership with Good Sports
Governance Achievements
- Received a 100% score in the Human Rights Campaign Foundation’s 2021 Corporate Equality Index
- Implemented annual mandatory companywide cybersecurity compliance training
- Established and maintains comprehensive policies and codes governing ethical conduct and responsible behavior (Standards of Business Conduct, Global Anti-Bribery and Anti-Corruption Policy, etc.)
- Implemented a whistleblower reporting system (Alertline)
Climate Goals & Targets
Short-term Goals:
- Develop companywide carbon reduction goals
Environmental Challenges
- COVID-19 pandemic impacting community engagement and volunteer opportunities
- Supply chain disruptions (implied)
- Climate change related business continuity risks
Mitigation Strategies
- Adapted FOX Forward to provide virtual and in-person support to communities
- Developed alternative sourcing strategies (implied through sustainable procurement policies)
- Developed a comprehensive business continuity plan
- Implemented a comprehensive Environmental, Health and Safety (EHS) program
Supply Chain Management
Responsible Procurement
- Supplier Management Policy requiring documented environmental policies and compliance with environmental laws
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events impacting business continuity
Reporting Standards
Frameworks Used: SASB
Certifications: ISO 14001 (in progress)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:66,692 tCO2e/year (FY2021)
Scope 1 Emissions:8,599 tCO2e/year
Scope 2 Emissions:48,868 tCO2e/year
Scope 3 Emissions:13,954 tCO2e/year (partial)
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
- Community
- People
- Sustainability
- Governance
Environmental Achievements
- Saved 1.5 million gallons of water annually at the FOX Studio Lot by replacing lawn with artificial turf and installing a computerized irrigation system.
- Planted 20,000 trees through a virtual Race for Reforestation.
- Achieved a 26% waste diversion rate at the FOX Studio Lot in CY2021.
- Donated 3.9 tons of unserved prepared food and 16.5 tons of supplies to local organizations in CY2021.
Social Achievements
- Contributed over $20 million to communities through the FOX Forward initiative since its inception.
- Provided over 600,000 meals to those in need in collaboration with Feeding America and L.A. Regional Food Bank.
- Supported over 1,000 non-profit organizations through FOX Forward initiatives and the FOX Giving employee matching program.
- Raised over $13 million for Ukraine relief efforts.
- Provided close to $1 million in resources and support to children through initiatives with Good Sports, New York Police and Fire Widows’ and Children’s Benefit Fund and St. Jude Children’s Research Hospital.
- Offered various employee resource groups (ERGs) focusing on inclusion and diversity.
- Recognized as a Top Employer by DiversityComm, Black EOE Journal, HISPANIC Network Magazine, Professional WOMAN’s Magazine, and U.S. Veterans Magazine.
Governance Achievements
- Implemented a comprehensive Environmental, Health and Safety (EHS) program.
- Established a dynamic risk assessment process for compliance.
- Mandated company-wide cybersecurity compliance training.
- Published a Political Activities Report.
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Extreme weather events impacting business continuity.
- Supply chain environmental risks.
Mitigation Strategies
- Developed a comprehensive business continuity plan.
- Developed and implemented a supplier management policy requiring suppliers to have documented environmental policies.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Management Policy requiring suppliers to have documented environmental policies.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Not disclosed
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:66,038 thousand metric tonnes CO2e (Scope 1 & 2, FY2022)
Scope 1 Emissions:16,674 thousand metric tonnes CO2e (FY2022)
Scope 2 Emissions:49,365 thousand metric tonnes CO2e (FY2022)
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:229.81 thousand MWh (FY2022)
Water Consumption:44.675 thousand cubic meters (FOX Studio Lot)
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Community Engagement
- Employee Well-being
- Sustainability
- Data Security
- Journalism Integrity
Environmental Achievements
- 1,717 MWh solar energy generated in FY2022, avoiding approximately 400 metric tons of CO2e
- 10,000 trees planted through employee engagement
- 4.4 tons of food donated in CY2022
- 14.97 tons of clothing donated in CY2022
- Implementation of ISO 14001-aligned Environmental Management System
Social Achievements
- Over $1.5 million in support of veterans, active-duty military, and first responders
- Over $1 million in resources for students
- 1.5 billion PSA impressions across platforms promoting mental health, foster care adoption, and veteran crisis prevention
- Numerous employee resource groups (ERGs) supporting diversity and inclusion
- Various employee development programs
Governance Achievements
- Annual mandatory company-wide cybersecurity compliance training
- Standards of Business Conduct and Global Anti-Bribery and Anti-Corruption Policy implemented and training provided
- Active Board of Directors involvement in ESG matters
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing environmental impact of facilities and productions
- Managing Scope 3 emissions
- Ensuring data security
Mitigation Strategies
- Implementing energy-efficient solutions and clean energy sources
- Developing sustainability guidelines for productions
- Investing in cybersecurity measures and training
- Engaging a consultant to expand Scope 3 greenhouse gas emissions inventory
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Management Policy requiring documented environmental policies and compliance with environmental laws
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: SASB
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Cynopsis Best of the Best Sports-Related Documentary Series/Special award (FOX Sports Voices)
Reporting Period: 2024
Environmental Metrics
Total Carbon Emissions:79,087 tCO2e/year (FY2023)
Scope 1 Emissions:14,266 tCO2e/year (FY2023)
Scope 2 Emissions:52,944 tCO2e/year (FY2023)
Scope 3 Emissions:11,877 tCO2e/year (FY2023)
Renewable Energy Share:0.72% of total energy use (FY2023)
Total Energy Consumption:217.35 thousand MWh/year (FY2023)
Water Consumption:145.81 thousand m3/year (FY2023)
Waste Generated:2,131.75 tons/year (FY2023)
Carbon Intensity:Not disclosed
ESG Focus Areas
- Community Engagement
- Employee Well-being
- Sustainability
- Data Security
- Governance
Environmental Achievements
- Recycled 645.03 tons of various materials in CY2023
- Composted over 210.4 tons of organic material in CY2023
- Avoided the use of 186,383 plastic water bottles in CY2023 through Bevi filtration water stations
- Avoided approximately 175 metric tons of CO2e emissions in FY2023 through onsite solar panels
Social Achievements
- Donated $5.6+ million in community support
- Delivered over $1.2 million in resources and support to students
- Supported veterans, active-duty military, and first responders with $1.7+ million
- Served 270,000+ meals to communities experiencing food insecurity
- Achieved over 1.4 billion PSA impressions on topics including mental health, safe gun storage, and veterans crisis prevention
- Named a 4-star employer by VETS Indexes in 2023
- Recognized as a Military Friendly® Employer and Brand
- Ranked among top Hispanic, Black, women, and LGBTQ+ friendly employers
Governance Achievements
- All FOX employees are required to read Standards of Business Conduct and complete annual training
- Established robust policies and programs addressing harassment, discrimination, and retaliation, including a third-party managed Alertline for anonymous reporting
- Implemented a Global Anti-Bribery and Anti-Corruption Policy
- Maintained a dedicated Privacy and Data Security Legal Department with Co-Chief Privacy Officers
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Not disclosed
Short-term Goals:
- Not disclosed
Environmental Challenges
- Reducing environmental impact from facilities, productions, and broadcasts
- Managing risks associated with data privacy and security
- Ensuring compliance with evolving ESG regulations and reporting standards
Mitigation Strategies
- Implementing energy-efficient solutions and clean energy sources
- Utilizing commercially reasonable administrative, technical, personnel, and physical measures to safeguard information
- Aligning with reporting best practices and independently ensuring appropriate environmental data
- Engaging with suppliers, industry peers, and viewers to drive sustainability
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Supplier Management Policy; policies and guidelines for sourcing goods and materials
Climate-Related Risks & Opportunities
Physical Risks
- Not disclosed
Transition Risks
- Not disclosed
Opportunities
- Energy efficiency improvements, clean energy procurement
Reporting Standards
Frameworks Used: SASB
Certifications: Null
Third-party Assurance: Cventure (limited assurance for Scope 1, 2, and 3 GHG emissions)
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Not disclosed
Awards & Recognition
- Interns 2 Pros Internship Program of the Year (2023)
- Yello and WayUp’s Top 100 Internship Programs of 2023
- Vault’s 2023 100 Best Internships List