Environmental Stewardship

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.

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 2019 and 2020.

Carbon Footprint Chart

Liberty’s 2020 scopes 1 & 2 carbon footprint was estimated to be 2,518 metric tons carbon dioxide equivalent (CO2e). Our buildings emit .008 tons of CO2e per square foot, which is in line with the average emissions for LEED-certified buildings.

*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

Liberty Media’s principal businesses and assets include our consolidated subsidiaries SiriusXM, Formula 1, Atlanta Braves, and our equity affiliate Live Nation. While Liberty Media’s influence upon individual companies varies, by working in partnership, sharing best practices and learnings, and leveraging our collective scale, we and our portfolio companies strive to enhance long-term value for all our respective stakeholders.

Formula One Group Logo

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.

Sustainable Fuels
Net Zero
Zero Waste
Reduced Footprint
Learn More Here
LiveNation Logo

Through its Green Nation Touring Program, Live Nation helps artists adopt and scale sustainable touring practices that prioritize people and the planet. The Program expands on Live Nation’s Green Nation sustainability charter, which focuses on Climate Action and decarbonization of venue energy & transportation; Protection and regeneration of nature through responsible sourcing and consumption practices; as well as Community Engagement across artists, fans, employees, sponsors, vendors, and local communities.

Learn More Here

The Broader
Liberty Family of Companies

Liberty Media has overlapping management with Qurate Retail, Inc., Liberty Broadband Corporation, and Liberty TripAdvisor Holdings, Inc. Through these relationships, sharing best practices and learnings, and leveraging our collective scale, we – and they – can further advance our respective sustainability and stewardship missions.

Charter Communications Logo

Liberty supports Charter Communications in its goal to achieve carbon neutrality in its operations by 2035. Its 2020 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).

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Qurate Retail Logo

Qurate Retail prioritizes its impact in three key areas: conserving energy and shifting electricity use to renewable sources where possible, recycling, and finding scalable ways to shift away from single-use plastic, and incrementally improving how they ship and transport packages.

Sustainable Packaging
Sustainable Packaging
Energy Efficient Operations
Energy-efficient Operations
Shipping & Logistics
Shipping & Logistics
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Liberation TripAdvisor Holdings

Liberty supports Tripadvisor in its various initiatives to help make a positive impact on the future of travel, including its involvement with Travalyst, a non-profit organization led by the Duke of Sussex to help bring about the systemic changes needed for sustainable travel to be taken out of the niche, and into the mainstream.

Animal Welfare
Animal Welfare
GreenLeaders
GreenLeaders
Commitment to Displaced Populations
Our Commitment to Displaced Populations
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Looking For

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