Climate Change Data

Environmental Metrics

ESG Focus Areas

• Gender equality in the music industry
• Developing diverse and local talent

Social Achievements

• Partnership with Key Change (to promote gender equality in the music industry)
• Partnership with 50inTech (to increase women's representation in tech)

Climate Goals & Targets

Environmental Challenges

• Slight decrease in physical sales
• Ongoing reorganization of activities in Germany to optimize digital solutions and reduce exposure to physical sales

Mitigation Strategies

• Investment in local sales and marketing to consolidate its global position
• Optimization of digital solutions and reduction of exposure to physical sales in Germany

Supply Chain Management

Climate-Related Risks & Opportunities

Environmental Metrics

ESG Focus Areas

• Corporate Social Responsibility (CSR)
• Gender Diversity
• Employee Training

Social Achievements

• Increased percentage of women among managers as part of the 'Shaping Music for Good' CSR policy.

Governance Achievements

• Maintained alignment of executive compensation with good governance rules.

Climate Goals & Targets

Environmental Challenges

• Ongoing public tender offer process and associated issues.
• Upcoming renewal of the Chairman and Chief Executive Officer’s term of office.

Mitigation Strategies

• Postponed discussion on increasing the Chairman and Chief Executive Officer's compensation until 2025.

Supply Chain Management

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: AFEP-MEDEF Code