Liberty Media Corporation
Climate Impact & Sustainability Data (2022)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:Not disclosed
Scope 1 Emissions:Not disclosed
Scope 2 Emissions:Not disclosed
Scope 3 Emissions:Not disclosed
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
- Climate Change
- Net Zero Carbon
Environmental Achievements
- Formula 1's countdown to Net Zero Carbon by 2030 is progressing incredibly well. The European Union recently recognized the role that sustainable fuels will be able to play in the future and provided for sustainable fuels to be part of the automotive solution after 2035 alongside electric vehicles.
Social Achievements
- Live Nation launched its FAIR Ticketing Initiative and gathered the support of 20 of the most powerful companies in live music.
Governance Achievements
- Not disclosed
Climate Goals & Targets
Long-term Goals:
- Not disclosed
Medium-term Goals:
- Formula 1 aims to achieve Net Zero Carbon by 2030.
Short-term Goals:
- Not disclosed
Environmental Challenges
- Continued top of funnel pressure from depressed new and used auto sales, a soft advertising market and elevated satellite capital expenditures at SiriusXM.
- Geopolitical incidents, accidents, terrorist acts, natural disasters, including the effects of climate change, or other events that cause one or more events to be cancelled or postponed, are not covered by insurance, or cause reputational damage to our subsidiaries and business affiliates.
Mitigation Strategies
- SiriusXM is investing in a new app experience and increased personalization and customization capabilities to drive engagement with its service in and out-of-car. The company is actively managing its cost structure while simultaneously investing in product enhancements to position itself for growth in 2024 and beyond.
- Not disclosed
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Not disclosed
Climate-Related Risks & Opportunities
Physical Risks
- Geopolitical incidents, accidents, terrorist acts, natural disasters, including the effects of climate change, or other events that cause one or more events to be cancelled or postponed
Transition Risks
- Not disclosed
Opportunities
- Not disclosed
Reporting Standards
Frameworks Used: Null
Certifications: Null
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Formula 1 is pioneering advanced sustainable fuel.
Awards & Recognition
- Not disclosed