
Throughout 2024, we took steps to build on the energy management work we started in 2023. For example, aligned to the Task Force on Climate-related Financial Disclosures (TCFD) guidelines, we engaged a third-party to analyze the climate-related physical and transition risks and their potential impacts on the Company’s operations, infrastructure, and supply chain. Throughout the year, we enhanced our capabilities to track more robust datasets and ensure thorough validation processes as we continue to implement a technology platform. Additionally, our teams continued to prepare for future climate-related disclosure requirements.
Looking forward, we will focus on improving our ability to measure and report enterprise-level GHG emissions, leveraging new technology, identifying additional emissions-reduction levers, and developing a roadmap to optimize energy and resource efficiency.
Reducing Our GHG Emissions
We believe efforts to reduce emissions are important to the ongoing success of our business as a leading global media and entertainment company. As part of our commitment to reduce operational emissions, we continued to identify opportunities and implement initiatives to create sustainable workplaces and productions such as increasing operational energy efficiency, investing in and utilizing existing renewable energy projects and purchasing renewable energy credits (RECs) and carbon offsets when appropriate.1
For additional information, read our 2024 Impact Report.
1 WBD is committed to make certain disclosures regarding its involvement in the voluntary carbon offsets markets, pursuant to California Assembly Bill No. 1305. Disclosures may include the project name as listed in the registry or program (where practicable), offset project type, protocol used to estimate emissions reductions or removal benefits, location of the carbon offset project, certification (where practicable), durability, and supplier of carbon credits purchased and retired each year.