Liberty Media Corporation.
FWONA.US | Creative, arts and entertainment activities
Liberty Media Corporation operates in the media, communications, and entertainment industries. It primarily owns interests in Formula 1, SiriusXM, and Live Nation Entertainment. Formula 1 is an international motor racing promotion. SiriusXM provides satellite radio services. Live Nation Entertainmen...Show More
Better Health for All
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Formula 1, a core holding, has significant negative health impacts due to noise-induced hearing loss for attendees and inherent risks of racing, despite safety improvements.
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The company's safety record for F1 includes a driver fatality in a support race in 2019 and two marshal fatalities since 1994, indicating notable safety incidents.
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Liberty Media has strong data protection standards for employee information and reported zero data breaches in 2023 and 2024, and does not collect personally identifiable information from customers.
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The company has limited health equity programs, with Formula 1 committing to creating employment opportunities for disadvantaged backgrounds and supporting 10 students per year through 2025.
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MotoGP supports local-led programs providing access to healthcare in rural communities in Lesotho, Malawi, Nigeria, and The Gambia.
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Liberty Media offers basic mental health benefits and has a yoga-meditation room for employees, and GCI launched a Suicide Prevention Grant Program.
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The company's crisis response during the 2020 pandemic involved delaying events and suspending large-scale entertainment, with a return to normal operations in 2021.
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Liberty Media has committed to being carbon neutral on Scope 1 and 2 emissions by 2030 at the corporate level, and Formula 1 is targeting net zero carbon by 2030.
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Liberty Media provides regular employee training on data privacy and security issues, with 100% completion for Code of Conduct and Information Security training.
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The company offers an educational reimbursement program for employees.
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The Liberty Compliance Line is available for reporting alcohol or substance abuse.
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Fair Money & Economic Opportunity
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No evidence available to assess Liberty Media Corporation on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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No evidence available to assess Liberty Media Corporation on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No evidence available to assess Liberty Media Corporation on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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Liberty Media Corporation has a formal whistle-blower protection policy that includes anonymous reporting channels via phone, web portal, letter, or fax, and explicitly prohibits retaliation against whistle-blowers.
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The company also has a Code of Business Conduct and Ethics, which includes an insider trading policy and prohibits bribery, improper payments, and the use of company resources for political gain.
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This policy outlines a reporting structure and mentions disciplinary action for violations, requiring periodic anti-corruption training for employees at Level 6 and above.
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Kind to Animals
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Liberty Media's subsidiary GCI sponsors the Iditarod dog sled race with over $250,000 annually.
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This race has resulted in the deaths of more than 150 dogs, with at least three dogs dying during one race and five during training.
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Over 200 dogs were too ill, exhausted, or injured to finish the race.
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Dogs are forced to run approximately 1,000 miles, often through extreme conditions, leading to injuries, illnesses like bleeding stomach ulcers and aspiration pneumonia, and exhaustion.
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The Iditarod Trail Committee has fined mushers for protecting dogs during storms, and mushers have been accused and convicted of animal neglect and abuse.
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PETA and OIPA are actively campaigning against the Iditarod and urging Liberty Media to end its sponsorship,
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with more than a dozen companies having already abandoned their sponsorships.
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Liberty Media's policy states it does not permit animal testing for cosmetics or beauty products sold in its store or website.
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The company adheres to the UK Animal Welfare Act 2006 and CITES guidelines, and does not allow fur or Angora hair in products.
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Exotic skins are only allowed if from certified farms with a valid CITES permit, and feathers/down must not be from foie gras production or live animals.
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No War, No Weapons
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Liberty Media Corporation operates in media, communications, and entertainment, with core holdings in Formula 1, SiriusXM, and Live Nation Entertainment.
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The provided articles, including sustainability reports for Formula 1 and policy documents for Liberty Media and Liberty Global, do not contain any evidence of the company being involved in arms manufacturing, military contracts, or conflict facilitation. There is no mention of revenue from defense contracts, dual-use technology, sales to embargoed regimes, or any other activities related to war or weapons.
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Therefore, for all these KPIs, the company is assessed as having no defense or arms-related activities in its core business.
Planet-Friendly Business
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Formula 1, a key holding of Liberty Media, reported estimated Scope 1, 2, and 3 emissions of 256,551 tonnes CO₂e in 2019.
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It achieved a 13% reduction in carbon footprint from 2018 to 2022.
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Formula 1 has a net-zero carbon target for 2030.
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For its events, 80% of promoters used alternative energy sources in 2024.
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Respect for Cultures & Communities
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The provided articles do not contain specific, quantitative data points for any of the KPIs related to 'Respect for Cultures & Communities' for FWONA.US.
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Information regarding formal partnerships with indigenous or local community groups, percentage of revenue reinvested in local community development, cultural appropriation incidents, cultural impact assessment protocols, local employment ratios, grievance mechanisms, community complaint resolution times, FPIC participation rates, community governance inclusion, cultural preservation investment, local procurement share, indigenous supplier count, cultural site protection, social license to operate, charitable giving to cultural heritage organizations, community fund allocation, language inclusivity, cultural incident response, or cultural sensitivity training completion is not available.
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Safe & Smart Tech
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Liberty Media reported zero data breaches in both 2023 and 2024.
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All employees complete new hire Code of Conduct and Information Security training within 30 days and every two years thereafter, with a 100% completion rate.
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The company states it does not collect Personally Identifiable Information (PII) from customers, and employee PII is used only for employment purposes and with consent.
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Liberty Media collects only necessary data and has well-defined security policies.
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The company mentions compliance with Colorado's Equal Pay for Equal Work Act, but no other specific regulatory compliance details are provided.
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Zero Waste & Sustainable Products
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Formula 1 (F1), a primary holding of Liberty Media, has prohibited single-use plastic bottles, cups, straws, or utensils in the paddock since 2021.
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At Silverstone, plastic-free fan zones led to over a 50% reduction in single-use plastic consumption.
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F1 aims for zero single-use plastic and 100% of waste to be re-used, recycled, or composted by 2030.
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Liberty Media encourages its portfolio companies towards emission reductions and low carbon strategies, and F1 works with its supply chain to increase the use of recycled materials.
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F1 has implemented waste reduction initiatives such as washing and reusing over 15,000 plates and bowls, and collecting around 11 tonnes of food for distribution to people in need.
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Liberty Tire Recycling, a subsidiary, reported zero incidents of non-compliance associated with environmental impacts in 2024.
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