Live Nation Entertainment, Inc.
Industry Group: Media
Country/Region: United States of America
Identifier: NYS:LYV
Live Nation is the largest live entertainment company in the world, serving as a concert promoter, venue operator, and ticketing platform. In addition, the firm generates revenue from sponsorships and advertising. With offices in 45 countries, Live Nation promotes concerts globally and it owns, operates, or had exclusive booking rights to 373 venues worldwide at the end of 2023, which the firm says makes it the second-largest operator of music venues globally. In 2023, Live Nation promoted more than 50,000 events, drawing more than 145 million fans. Ticketmaster is a dominant global ticketing service, selling more than 620 million tickets in 2023.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Media 158 out of 265
Universe
Global Universe 2897 out of 15080
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Universal Music Group NV |
9.7
Negligible
|
12 out of 265 |
Bolloré SE |
12.2
Low
|
33 out of 265 |
The Walt Disney Co. |
15.1
Low
|
95 out of 265 |
Warner Music Group Corp. |
16.7
Low
|
138 out of 265 |
Live Nation Entertainment, Inc. |
17.3
Low
|
158 out of 265 |
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Our Approach to Calculating ESG Risk
The ESG Risk Ratings measure a company's exposure to industry-specific material ESG risks and how well a company is managing those risks.
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues. Our exposure score takes into consideration subindustry and company-specific factors such as its business model.
Live Nation Entertainment, Inc.'s Exposure is Low
Management
Management refers to how well a company is managing its relevant ESG issues. Our management score assesses the robustness of a company's ESG programs, practices and policies.
Live Nation Entertainment, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Live Nation Entertainment, Inc.
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What are Material ESG Issues?
Material ESG issues are issues that are considered to be financially material to a given company in a relevant sub-industry.
Controversy Rating
Highest Controversy level that has impacted Live Nation Entertainment, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level