Climate Change Data

iHeartMedia, Inc.

Climate Impact & Sustainability Data (2022)

Reporting Period: 2022

Environmental Metrics

ESG Focus Areas

  • Diversity, Equity and Inclusion
  • Environmental Sustainability
  • Community Engagement
  • Governance
  • Media Pluralism
  • Journalistic Integrity

Environmental Achievements

  • Transitioned from on-premise hardware systems to cloud-based platforms, decommissioning energy-intensive servers; using energy-efficient laptops; replacing fluorescent lighting with LED lights; gaining LEED certifications for several facilities; strategically decreasing real estate footprint; 41.5% reduction in power consumption compared to 2018.

Social Achievements

  • Raised $26.2M through radiothons in 2022; contributed over $282 million worth of media to nearly 1,700 nonprofits; employees volunteered over 11,000 hours; launched "Show Your Stripes" program for veterans; iHeartIMPACT provided over $6.2M in funding; Let's Talk mental health campaign resulted in 713M impressions; supported LGBTQ+ organizations with $14M over four years; supported mental health initiatives with $1.6M in 2022 alone; committed $7.9 million worth of media to organizations fighting hate and racism.

Governance Achievements

  • Nominating & Corporate Governance Committee oversees ESG strategies; alignment with SASB Media & Entertainment industry standard; formed a day-to-day ESG Strategy Committee; approximately 40% of Board members are women and approximately 40% are BIPoC; maintains a third-party managed hotline for anonymous reporting of violations.

Climate Goals & Targets

Short-term Goals:
  • 100% LAB participation by 2024; reduce office footprint and consolidate locations; improve efficiencies and set targets for GHG emissions reduction.

Environmental Challenges

  • Minimizing environmental impact of 24/7 radio operations and business activities; assessing and reducing carbon footprint; maintaining data security and privacy.
Mitigation Strategies
  • Assessing Scope 1 and 2 GHG emissions; transitioning to cloud-based platforms; energy-efficient practices; implementing robust data security and privacy measures; annual privacy and security awareness training for employees.

Supply Chain Management

Responsible Procurement
  • Commitment to human rights and fair labor practices; zero-tolerance policy on child or forced labor or human trafficking.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: SASB

UN Sustainable Development Goals

  • 1
  • 2
  • 3
  • 4
  • 7
  • 8
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16

iHeartMedia's community programs align with various UN SDGs, focusing on family and social impact, health and wellness, education and literacy, music and arts, and environmental sustainability.