ESG & Sustainability

Our environmental, social, and governance (ESG) strategy is critical to our success as a company. We are working to foster a better world for our employees, audiences, partners, and communities. It is our responsibility to measure and manage the ESG impacts we have as a global content powerhouse.

The media and entertainment industry is one of the most powerful forces influencing and reflecting culture, social views, and societal outcomes. We are early in our journey of telling our ESG story, and started by publishing our first company-wide materiality assessment – a comprehensive analysis of the topic areas that are most relevant to Paramount, according to key internal and external stakeholders – and our first ESG report in 2019-2020.

In our second annual ESG report, we expanded upon our initial reporting and commitments, including the publishing of our in-development companywide ESG goals across our three ESG priority areas: On-Screen Content and Social Impact, Workforce and Culture, and Sustainable Production and Operations.

The 2021-2022 ESG Report marked our third annual report, highlighting how we’ve progressed on our ESG strategy and goals across the three focus areas. We’ve also provided updates on our workforce and environmental impact data, and a more detailed overview of our ESG governance practices.

Our fourth annual ESG Report continues to illustrate our progress on our goals and accomplishments across our three focus areas.

The 2022-2023 ESG Report provides a more comprehensive picture of how we engage with our internal and external stakeholders to better understand and address the ESG challenges and opportunities of greatest concern to these groups.