Nexstar Media Group, Inc.
Industry Group: Media
Country/Region: United States of America
Identifier: NAS:NXST
Nexstar Media Group Inc is the largest television station owner-operator in the United States with over 200 stations in 116 markets. Of its 200 stations, 155 are affiliated with the four national broadcast networks: CBS, Fox, NBC, and ABC. The 2019 merger with Tribune made Nexstar the top broadcast affiliate for both Fox and CBS as well as the number-two partner for NBC and number three for ABC. The firm has stations in 12 of the top 20 television markets and reaches 68% of us TV households. Nexstar also owns NewsNation (formerly WGN), a nationwide pay-television network, 75% of The CW, and a 31% stake in Food Network and Cooking Channel.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Media 117 out of 298
Universe
Global Universe 2208 out of 16006
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Paramount Global |
14.1
Low
|
70 out of 298 |
RTL Group SA |
14.7
Low
|
86 out of 298 |
Sun TV Network Ltd. |
14.8
Low
|
91 out of 298 |
Nexstar Media Group, Inc. |
15.6
Low
|
117 out of 298 |
Sirius XM Holdings, Inc. |
16
Low
|
130 out of 298 |
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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.
Nexstar Media Group, 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.
Nexstar Media Group, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Nexstar Media Group, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
![blurred material ESG issues](/ResourcePackages/Sustainalytics/assets/img/company-rating/mei-blur.png)
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 Nexstar Media Group, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level
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Contributing Events
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Highest Controversy Events Locations
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