Universal Music Group NV 2024 AR2
The report highlights Universal Music Group's strategic and financial achievements in 2024, including a 7.6% revenue growth in constant currency and the formation of its Global Impact Team to drive positive social and environmental change. The company became the first major standalone music company to have its near-term science-based greenhouse gas reduction targets approved by the Science Based Targets initiative. On the creative front, UMG continued its global leadership by breaking major artists like Sabrina Carpenter and Chappell Roan, while actively advancing its 'Streaming 2.0' and 'Responsible AI' initiatives.
Company: Universal Music Group NV
Sector: Communication Services
Country: Netherlands
Year: 2024
Type: AR2
Pages: 284
Universal Music Group NV
Annual Report
The report highlights Universal Music Group's strategic and financial achievements in 2024, including a 7.6% revenue growth in constant currency and the formation of its Global Impact Team to drive positive social and environmental change. The company became the first major standalone music company to have its near-term science-based greenhouse gas reduction targets approved by the Science Based Targets initiative. On the creative front, UMG continued its global leadership by breaking major artists like Sabrina Carpenter and Chappell Roan, while actively advancing its 'Streaming 2.0' and 'Responsible AI' initiatives.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
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:
Women on Board
Women in Management
Employees