Liberty Media recognizes climate change and adverse impacts on the natural world are among the most pressing challenges facing humanity today. Environmental sustainability has implications for markets, and our investors. Moreover, how we manage our environmental impact matters to our employees, our customers, our business partners, and our other stakeholders.
Across our portfolio of businesses, we are taking environmental action in partnership with our employees, customers, and business partners. As part of these actions, we are focused on those issues that matter to the long-term value of the individual businesses, including the transition and physical risks associated with climate change, our portfolio companies’ energy management, and our portfolio companies’ waste management.
Liberty Climate Initiative
We are committed to supporting our portfolio companies on their paths towards a fully sustainable and low carbon future.
At Liberty Media, we aspire to:
- Be carbon neutral on scope 1 and 2 emissions by 2030 at corporate level
- Ensure all portfolio companies publicly report on carbon footprints
- Continue to encourage portfolio companies toward emission reductions and low carbon strategy
Our Carbon Footprint
At Liberty, we have a responsibility to reduce the impact our operations have on the planet, and particularly our carbon footprint. This begins with measuring and reducing Liberty Media’s own greenhouse gas (GHG) emissions, to both minimize our impact and set an example for our portfolio companies. Below are Liberty Media’s Scopes 1 & 2 emissions for 2024 and 2025.
Scope 1: Emissions in Tons CO2e - Includes air travel and natural gas used in our corporate buildings*
Scope 2: Emissions in Tons CO2e - Includes electricity used in our corporate buildings*
For more information, please refer to our latest SASB report here
*Liberty Media owns a small space in a third building, but this space is outside our operational boundary and has been excluded; we estimate this space to be less than 2% of our building emissions.
Environmental Stewardship in Action
F1 continues to lead the way in creating a sustainable sport for fans around the world to enjoy, using innovative technology & adapting the way the sport operates. F1 demonstrates its commitment through its march towards a series of key goals.
Develop future engines powered by sustainable fuels
Become Net Zero Carbon by 2030
Zero waste on and off the track, including through transportation of freight and personnel
Working with promoters on sustainable events
Reduced footprint back at base
MotoGP makes a positive impact on people, place and planet through its initiative Racing For the Future. Motorcycles are the most sustainable form of transport, and MotoGP drives progress to innovate motorcycle technology, sustainable fuel and efficiency, aiming to reduce environmental impact. MotoGP also works with its partners to make every event as sustainable as possible and maximize efficiency.
Learn More Here MotoGP 2024 Impact Report Learn More About Sustainable FuelsThe Broader
Liberty Family of Companies
Liberty supports Charter Communications in its goal to achieve carbon neutrality in its operations by 2035. Its 2023 ESG Report includes additional details on its journey to carbon neutrality, including disclosure aligned with frameworks issued by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).
Learn More Here
