Warner Music Group Corp..
WMG.US | Sound recording and music publishing activities
Warner Music Group Corp. (WMG) is a global music entertainment company. It operates through two main segments: Recorded Music and Music Publishing. The Recorded Music segment discovers and develops recording artists and markets and distributes their music through a variety of formats, including phys...Show More
Better Health for All
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No data relevant to Warner Music Group's health impact, revenue from harmful products, safety record, price accessibility, vulnerable reach, risk transparency, health innovation investment, health externalities, health equity programs, healthcare workforce support, preventative health measures, healthcare data responsibility, global health crisis response, mental health initiatives, pharma patent flexibility, nutrition and food safety, healthcare education, addiction mitigation, or clinical trial ethics was found in the provided articles.
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The articles explicitly state that no health-related metrics are present, focusing instead on the company's music industry activities and workforce.
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Fair Money & Economic Opportunity
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No evidence available to assess Warner Music Group Corp. on Fair Money & Economic Opportunity.
Fair Pay & Worker Respect
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In 2024, Warner Music Group's CEO total compensation was $18,632,606, and the median employee pay was $72,592, resulting in a CEO to median employee pay ratio of 257:1.
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The total employee voluntary turnover rate for FY2024 was 21%.
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For Warner Music UK (WMUK) in 2022, the median gender pay gap was 13.6%, meaning women earned 86.4% of men's pay.
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Warner Music International (WMI) reported a median gender pay gap of 24.3% in 2022, indicating women earned 75.7% of men's pay.
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Fair Trade & Ethical Sourcing
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No evidence available to assess Warner Music Group Corp. on Fair Trade & Ethical Sourcing.
Honest & Fair Business
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No specific, quantifiable evidence was found in the provided articles to assess Warner Music Group Corp. against any of the defined KPIs for the 'Honest & Fair Business' value. Information regarding regulatory fines, transparency index scores, whistleblower policy details, financial restatements, audit coverage, ESG controversy scores, complaint resolution times, board conflict of interest percentages, anti-corruption policy strength, or third-party verification of ethical claims was not explicitly provided or did not meet the specific quantitative thresholds of the rubric.
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Kind to Animals
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No evidence available to assess Warner Music Group Corp. on Kind to Animals.
No War, No Weapons
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No evidence available to assess Warner Music Group Corp. on No War, No Weapons.
Planet-Friendly Business
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Warner Music Group's near-term greenhouse gas emission reduction targets have been validated by the Science Based Targets initiative (SBTi) in line with a 1.5°C pathway.
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The company aims to reduce absolute Scope 1 and 2 GHG emissions by 54.6% and Scope 3 emissions by 32.5% by FY2033, from a FY2023 base year.
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In FY2023, Scope 1 and 2 GHG emissions were approximately 8,813 MTCO2e, which represents less than 5% of total annual emissions.
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Scope 3 emissions are the majority, with data collected across the entire value chain.
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The company has committed to sourcing 100% renewable energy across its global operations by 2030.
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WMG has also developed the music industry's first 140g Vinyl Life Cycle Assessment (LCA) and unveiled the EcoRecord, an LP crafted from recyclable PET, reducing virgin raw plastic output for physical audio products and packaging by approximately 520 tons.
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Respect for Cultures & Communities
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No evidence available to assess Warner Music Group Corp. on Respect for Cultures & Communities.
Safe & Smart Tech
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Warner Music Group (WMG) allows users to opt-out of marketing communications via unsubscribe links in emails, SMS instructions, and by emailing privacypolicy@wmg.com.
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The company's privacy policy states that data retention is based on the duration of the relationship, legal obligations, and legal positions.
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WMG's privacy policy references compliance with GDPR, CCPA, and other relevant regulations, and provides contact information for exercising data rights.
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However, WMG was subject to a Magecart attack between April 25 and August 5, 2020, on its US-based e-commerce services, which exposed customer personal information and payment card details.
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WMG filed a data breach incident notice with the California Attorney General and offered 12 months of credit monitoring to affected customers.
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The number of affected customers was not disclosed.
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The company's accounts are password-protected and may require verification, but specific details on authentication methods are lacking.
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Zero Waste & Sustainable Products
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The company has not reported any waste disposal violations in the past three years.
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WMG has set targets to reduce absolute Scope 1 and 2 GHG emissions by 54.6% and Scope 3 emissions by 32.5% by FY2033 from a FY2023 base year.
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The company's Supplier Code of Conduct requires suppliers to comply with labor laws and environmental regulations.
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