Universal Music Group NV 2022 AR2
The report highlights Universal Music Group's financial and sustainability performance for the fiscal year 2022. Financially, the company achieved a 14% revenue growth in constant currency, driven by stellar chart performances from global artists like Taylor Swift and BTS. On the ESG front, UMG updated its materiality assessment, conducted its first TCFD scenario analysis, and expanded its Scope 3 greenhouse gas inventory in preparation for science-based target validation. Additionally, the company launched the worldwide goodwill program for legacy artists and supported over 500 organizations through its philanthropic foundations.
Company: Universal Music Group NV
Sector: Media & publishing
Country: Netherlands
Year: 2022
Type: AR2
Pages: 337
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Universal Music Group NV
Annual Report
The report highlights Universal Music Group's financial and sustainability performance for the fiscal year 2022. Financially, the company achieved a 14% revenue growth in constant currency, driven by stellar chart performances from global artists like Taylor Swift and BTS. On the ESG front, UMG updated its materiality assessment, conducted its first TCFD scenario analysis, and expanded its Scope 3 greenhouse gas inventory in preparation for science-based target validation. Additionally, the company launched the worldwide goodwill program for legacy artists and supported over 500 organizations through its philanthropic foundations.
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Document Details
Report Year
2022
Reporting Period
Jan 1, 2022 - Dec 31, 2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Workplace Fatalities
Employees