Warner Bros. Discovery, Inc.
Industry Group: Media
Country/Region: United States of America
Identifier: NAS:WBD
Warner Bros. Discovery was formed in 2022 through the combination of WarnerMedia and Discovery Communications. It operates in three global business segments: studios, networks, and direct-to-consumer. Warner Bros. Pictures is the crown jewel of the studios business, producing, distributing, and licensing movies and television shows. The networks business consists of basic cable networks, such as CNN, TNT, TBS, Discovery, HGTV, and the Food Network. Direct-to-consumer includes HBO and the firm’s streaming platforms, which have now been consolidated to Max and Discovery+. Much of the DTC content is created within the firm’s other two business segments. Each segment operates with a global reach, with Max available in over 60 countries.
ESG Risk Rating
Ranking
Industry Group (1st = lowest risk)
Media 177 out of 265
Universe
Global Universe 3217 out of 15104
What are the ESG Risk Ratings?
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Industry Comparison
Company | ESG Risk Rating | Industry Rank |
---|---|---|
Cogeco Communications, Inc. |
11
Low
|
21 out of 265 |
Cable One, Inc. |
14.4
Low
|
73 out of 265 |
Warner Bros. Discovery, Inc. |
18.1
Low
|
177 out of 265 |
Liberty Broadband Corp. |
18.6
Low
|
190 out of 265 |
Wasu Media Holding Co., Ltd. |
22.1
Medium
|
259 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.
Warner Bros. Discovery, 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.
Warner Bros. Discovery, Inc.'s Management of ESG Material Risk is Average
How do the ESG Risk Ratings work?
Top Material ESG Issues for Warner Bros. Discovery, Inc.
Understand how exposed companies are to specific material ESG issues and how well companies are managing these issues.
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 Warner Bros. Discovery, Inc.'s ESG Risk Rating in the last three years
Highest Controversy Level