Warner Music Group (WMG) is a global music company that operates in the Integrated Record Production and Distribution sector. The company is headquartered in New York City, USA, and has operations in more than 60 countries worldwide. WMG is one of the largest music companies in the world, with a portfolio of some of the most successful and popular artists in the industry.

WMG has a strong commitment to decarbonisation and reducing its environmental impact. The company has set ambitious targets to reduce its greenhouse gas emissions and transition to renewable energy sources. WMG has pledged to achieve net-zero greenhouse gas emissions by 2030 and has committed to sourcing 100% of its electricity from renewable sources by 2030.

To achieve these goals, WMG has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy. The company has invested in energy-efficient technologies and practices, such as LED lighting, smart building systems, and efficient heating and cooling systems. WMG has also implemented a corporate energy management program to monitor and reduce its energy consumption across its global operations.

WMG has also entered into corporate power purchase agreements (PPAs) to support the development of renewable energy projects. PPAs are long-term contracts between a company and a renewable energy provider, where the company agrees to purchase a set amount of renewable energy at a fixed price. WMG has signed several PPAs to support the development of wind and solar energy projects in the United States and Europe.

In 2020, WMG signed a 20-year PPA with a wind farm in Texas, which will provide the company with 100% of its electricity needs in the United States. The wind farm will generate approximately 1.2 million megawatt-hours of renewable energy annually, which is equivalent to the electricity consumption of more than 100,000 homes. This PPA will help WMG to achieve its goal of sourcing 100% of its electricity from renewable sources by 2030.

WMG has also partnered with other companies and organizations to advance its decarbonisation efforts. The company is a member of the RE100 initiative, which is a global coalition of companies committed to sourcing 100% of their electricity from renewable sources. WMG is also a member of the Science Based Targets initiative, which helps companies set science-based targets to reduce their greenhouse gas emissions in line with the goals of the Paris Agreement.

In addition to its decarbonisation efforts, WMG is committed to promoting sustainability and social responsibility across its operations. The company has implemented a range of initiatives to reduce waste, conserve water, and promote sustainable practices in its supply chain. WMG also supports a range of social and environmental causes through its philanthropic arm, the Warner Music Group Foundation.

In conclusion, Warner Music Group is a global music company that is committed to decarbonisation and reducing its environmental impact. The company has set ambitious targets to achieve net-zero greenhouse gas emissions and source 100% of its electricity from renewable sources by 2030. WMG has implemented a range of initiatives to reduce its carbon footprint and increase its use of renewable energy, including corporate energy management, PPAs, and partnerships with other companies and organizations. The company is also committed to promoting sustainability and social responsibility across its operations and supply chain.