Three major record labels join Music Climate Pact to become carbon neutral by 2050
Three major record labels - Sony, Warner and Universal - have joined forces on a pact to reach net-zero emissions by 2050.
After Beggars Group (4AD, XL, Rough Trade) and Ninja Tune announced plans to become carbon negative companies back in April, three major labels have followed suit, with Sony, Warner and Universal all signing the Music Climate Pact.
As part of the pact, The Guardian reports that the they will sign up to one of two schemes - Science Based Targets or the SME Climate Commitment - both of which require signatories to reduce the environmental impact of the industry, with a target of halving emissions by 2030, and reaching net-zero emissions by 2050.
On top of the emission targets, the pledge also requires the companies to collaborate on measuring carbon emissionns within the music industry, and helping their own artists speak up about climate issues, and encouraging/educatinng fans about the impact of the music industry on the environment.
The companies should also be looking to work with streaming services "to obtain data and drive emission reduction projects in a collaborative fashion."
Chief executive of Beggars Group, Paul Redding, said those that have signed the pact will be "pulling in the same direction on sustainability topics" in order to "carry out the same work, in the same way, at the same time."
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