Submitted by Paramount
NEW YORK, October 2, 2023 /CSRwire/ - Paramount Global (NASDAQ: PARA, PARAA) today released its fourth annual Environmental, Social, and Governance (ESG) Report highlighting its progress on its goals and accomplishments within three key focus areas: On-Screen Content & Social Impact; Workforce & Culture; and Sustainable Production & Operations.
“As the media industry continues to undergo rapid change, Paramount remains steadfast in our commitment to engage, represent, and champion issues that align with our values and resonate with our audiences,” said Crystal Barnes, Executive Vice President, Social Responsibility & ESG at Paramount. “While navigating complex global challenges, our obligation as an industry leader is to create compelling content that can help shape a more sustainable and inclusive world.”
In addition to consistent year-over-year workforce and environmental impact data, this year's report provides a more detailed overview of how the company engages with its internal and external stakeholders to better understand and address the ESG challenges and opportunities of greatest concern to these groups.
Other notable aspects of the report include:
The ESG report is guided by external ESG frameworks with reference to ESG and sustainability best practices, including the Global Reporting Initiative (GRI), Sustainability Accounting Standards Board (SASB), and the Task Force on Climate-related Financial Disclosures (TCFD). It also outlines the company's alignment with relevant United Nations Sustainable Development Goals (SDGs), including Gender Equality, Decent Work and Economic Growth, and Climate Action.
To learn more about Paramount's ESG efforts and to view the full 2022-2023 report, please visit https://www.paramount.com/sustainability.
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media, streaming and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic consumer brands, Paramount's portfolio includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+ and Pluto TV. Paramount holds one of the industry's most extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, the company provides powerful capabilities in production, distribution, and advertising solutions.
For more information about Paramount, please visit www.paramount.com and follow @ParamountCo on social platforms.
Senior Vice President, Corporate and Financial Communications
Vice President, Environmental, Social, and Governance (ESG) and Sustainability
About Paramount Global
Paramount Global (NASDAQ: PARA, PARAA) is a leading global media and entertainment company that creates premium content and experiences for audiences worldwide. Driven by iconic studios, networks and streaming services, its portfolio of consumer brands includes CBS, Showtime Networks, Paramount Pictures, Nickelodeon, MTV, Comedy Central, BET, Paramount+, Pluto TV and Simon & Schuster, among others. The company delivers the largest share of the U.S. television audience and boasts one of the industry's most important and extensive libraries of TV and film titles. In addition to offering innovative streaming services and digital video products, Paramount Global provides powerful capabilities in production, distribution and advertising solutions.
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