21st Century Fox Sustainability and Transparency

    FEATURE

    21st Century Fox is committed to minimizing its environmental impacts, growing sustainably, and inspiring others to take action. Through this company-wide sustainability initiative, dedicated teams at each business unit carefully track the energy and fuel used in the course of business, develop new methods to improve energy efficiency, and create campaigns to engage employees and audiences on environmental issues.

    As part of this effort, since 2007, 21st Century Fox has publicly disclosed its carbon footprint data and environmental management strategy through CDP, the largest clearinghouse for such information in the world. Many of the world’s largest companies, including 70% of the S&P 500 and 80% of the Global 500, report this information to CDP annually. CDP evaluates these disclosure reports to assess the depth and quality of companies’ climate transparency, data that has become increasingly important to our partners and stakeholders. For the past six years, CDP has ranked 21st Century Fox as the leading media company in climate disclosure and placed the company on its Climate Disclosure Leadership Index. The consistent recognition of 21st Century Fox serves is a strong third-party endorsement of the company’s sustainability efforts and our businesses’ continued progress.

    Background

    CDP is a voluntary reporting system that assesses the greenhouse gas emissions management and public disclosure activities of companies around the world. Each year, companies are asked to respond to CDP’s questionnaire, which addresses total energy use and carbon emissions across the company’s entire operation, as well as strategy and governance in assessing and managing risks and opportunities related to climate change.

    CDP evaluates the disclosure reports from responding companies and scores them on a scale of 0 to 100, based on the level of transparency and scale of climate management strategies. In 2010, CDP also began a second scoring system to grade companies’ overall response to climate change, taking into account strategy, governance, stakeholder communications, and achievements. For this Performance Index, companies are classified in bands A through D, with “A” being the best overall grade and “D” being the worst.

    Action

    21st Century Fox Sustainability has made significant progress since the launch of the program in 2007. Each business units has taken on the mission in its own way:

    • Fox Film partnered with the U.S. Department of Energy through their Commercial Buildings Partnership program to design, construct, and deploy new energy efficient technologies for cooling their film stages. Fox was one of only three companies selected for this partnership. 
    • Sky Italia entered a voluntary agreement to design set top boxes to reduce energy consumption.
    • Fox Home Entertainment partnered with Wal-Mart to reduce the resources and emissions embedded in the DVD and Blu-Ray supply chain. Changes in packaging and manufacturing equipment resulted in an 11% reduction in the DVD footprint, including a 23% reduction in raw material consumption and a 24% drop in manufacturing emissions. This “Eco-Case” has now become an industry standard. The company is also investigating the carbon impacts of the shift from a predominantly physical supply chain to an increasingly digital one.
    • STAR India attained LEED-Platinum certification for their newly constructed headquarters in Mumbai.
    • Fox Film designed the Green Production Guide, best practices and common measurement standards for the environmental footprint of film and TV productions, in collaboration with other major film studios through the Producers’ Guild of America. 
    • FOX Broadcasting pioneered a set of best practices for sustainable event production, making FOX events the greenest in the industry. The network’s annual Fall Eco-Casino Party received an Environmental Media Award for green production and for raising $250,000 for environmental organizations over the past 10 years.
    • Fox Film is partnering with peer film studios and academic institutions to complete a life-cycle assessment of a film production, to highlight opportunities for future investment in carbon reductions.
    • Fox News installed a new 400 KW natural gas fuel cell at its headquarters in New York in October 2011 to help power its studio with low emissions energy. The fuel cell is a combined heat and power facility producing electricity and hot water. 
    • 20th Century Fox has funded the LA Business Council’s research to promote solar feed-in tariffs, which the company supports as it expands its use of solar generated power.

    Impact

    21st Century Fox has been regularly recognized by CDP for the quality and transparency of its corporate sustainability program by placing the company on the annual Climate Disclosure Leadership Index. In 2014, 21st Century Fox ranked among the top 7% of S&P 500 companies responding to CDP, earning the company a spot on the CDLI for the sixth consecutive year. Only three companies have a longer record of success. 21st Century Fox was the only media company awarded a spot on the CDLI last year, with a score of 99 out of a possible 100 and a performance band grade of B.

    Earlier scores available at cdp.net.