Universal Music has announced that its plans to reduce its greenhouse gas emissions have been certified by the Science Based Targets initiative. And, it reckons, this is a first for a standalone music company.
“I am incredibly proud of the organisation-wide efforts that have brought us to this milestone”, says the major’s CFO Boyd Muir. “By aligning our operations with science-based targets, we deepen our commitment to embed sustainability principles into our business practices and to innovate for a resilient future in which both global communities and music lovers thrive”.
The major music company has committed to reducing its direct emissions and those from energy consumption by 58% by 2032 - based on a starting point of 2019. It says that it will also cut emissions from indirect sources by 62% over the same period.
