Paramount Global
Industry Group: Media
Country/Region: United States of America
Identifier: NAS:PARA
Paramount Global operates in three global business segments: TV media, filmed entertainment, and direct to consumer. The TV media business includes television production studios and various broadcast and cable networks, including CBS, 15 owned CBS affiliates, Paramount, Nickelodeon, MTV, BET, and VH1. Filmed entertainment consists multiple film studios, most importantly Paramount Pictures. The film studios produce and distribute movies that they license to movie theaters and other media outlets. Direct to consumer includes multiple streaming platforms, including Paramount+, which now includes Showtime, Pluto TV, and BET+. Much of the content on Paramount’s streaming platforms is created by the production studios housed within the firm’s other two business segments.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Media 75 out of 301
Universe
Global Universe 1472 out of 16088
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Fox Corp. |
12.2
Low
|
38 out of 301 |
Paramount Global |
14.1
Low
|
75 out of 301 |
RTL Group SA |
14.7
Low
|
92 out of 301 |
Nexstar Media Group, Inc. |
15.6
Low
|
120 out of 301 |
Sirius XM Holdings, Inc. |
16
Low
|
135 out of 301 |
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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.
Paramount Global'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.
Paramount Global's Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Paramount Global
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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 Paramount Global's ESG Risk Rating in the last three years
Highest Controversy Level