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Comcast NBCUniversal

CEF Lead Executives

Sustainability Goals

Sustainability Goals

Comcast NBCUniversal

  • Achieve carbon neutrality across its global operations (Scope 1 and 2) by 2035.
  • Committed to set near-term science based targets with SBTi.
  • Committed to awarding 13,000 BIPOC-owned small businesses across the U.S. with monetary grants, technology makeovers, and marketing services from Comcast RISE by 2022.
  • Committed $1 billion over the next 10 years to reach an additional 50 million low-income Americans and ensure communities of color have the skills and tools necessary to succeed in the digital economy 
  • Committed $40 million to local nonprofits to advance strategies creating pathways to economic mobility


Past Goals Achieved

  • Provide 500,000 volunteer service hours on environmentally friendly projects by 2020. (Goal Met in 2019) 


Sky (Subsidiary)

  • Become net-zero carbon by 2030
  • Reduce emissions from operations, suppliers, and energy use by at least 50% by 2030
  • Source 100% renewable energy (Goal Met in 2021)
  • Transition to a zero emissions fleet (5,000 vehicles)
  • Become zero-waste to landfill (Goal met in 2021)

Latest Sustainability Report

2023 Impact Report

(June 2023)

Highlights



  • Reduced Scope 1 and 2 emissions by 38% since 2019.
  • In 2022, estimated its Scope 3 emissions for the first time and joined the Science Based Targets initiative on climate action.
  • In 2022, issued its first Green Bond of $1 billion to allow investors to support environmental efforts underway or under consideration at Comcast.
  • Signed new renewable energy agreements totaling more than 183,000 MWh per year in 2022, bringing the company’s contracted total to over 1 million MWh per year, roughly 25% of Comcast’s projected 2026 energy load once the new projects come online.
  • Expanded its electric and hybrid vehicle fleet, saving nearly 9.5 million gallons of fuel since 2019.
  • In 2022, announced plans to double network efficiency by 2030 and have so far reduced the electricity needed to deliver each byte of data across its network 36% since 2019.
  • 59 NBCUniversal TV and feature film productions were awarded Environmental Media Association Awards, up from 46 in 2021.
  • In 2022, fulfilled a $100 million commitment set in 2020 to accelerate work advancing Diversity, Equity & Inclusion, through Project Up.
  • Comcast RISE, a two-year program to support diverse entrepreneurs hit hard by COVID, achieved its goal in 2022, distributing $110 million in grants and resources to 13,000 small businesses.
  • Spent $5.0 billion on direct purchases from 4,250 diverse suppliers in 2022, up from $4.3 billion in 2021.
  • In 2022, people of color made up 45.7% of workforce, 37.8% of managers, and 33.3% of the board; women made up 37.1% of workforce, 43.9% of managers, and 22.2% of the board.

Highlights


  • Outlines the partial allocation of proceeds from its inaugural $1 billion green bond issued in February 2023, with $421.8 million of the total allocated so far, including:
  • $410.4 million on 644,000 square feet of new or expected certified green real estate;
  • $8.9 million on annual GHG reductions (700 mtCO2e);
  • $1.5 million on energy efficiency, with an annual reduction in energy consumption of 5,000 MWh;
  • And $1.0 million on renewable energy, avoiding 300 mtCO2e.
  • Projects include new green construction at Universal City Studios; the Sky Innovation Centre, England’s first all-electric building; and electric vehicles including tour and shuttle buses.

Recent News

2023

DCF Pledge for Collaborative Emissions Reduction Action The Digital Connectivity Forum launched a pledge for collaborative action to reduce greenhouse gas emissions (GHG) from the telecommunications value chain. To make the greatest collective impact, participants agreed to focus on four types of Scope 3 emissions: purchased goods & services, capital goods, end-of-use of sold products, and downstream leased assets. The pledge was signed by twelve of the largest connectivity providers in the UK, including Sky of CEF Member Comcast NBCUniversal. DCF’s Climate & Sustainability Work Group will provide a platform for the facilitation of this collaboration. (July 2023)

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UFEG Universal Filmed Entertainment Group (UFEG), a division of Comcast NBCUniversal, announced it has launched the GreenerLight Program, an initiative focused on embedding sustainability across the entire filmmaking process through development, production, and distribution. This expands the existing Sustainable Production Program, which addressed issues such as food and set materials and energy efficiency. This program will now add in other factors, including script development, locations and set needs, and on-screen behaviors. (March 2023)

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Announced the company’s first green bond offering, to support its effort to become carbon neutral by 2035. This $1 billion 10-year green bond includes five investment areas, including renewable energy; energy efficiency; green buildings, campuses, communities, and cities; clean transportation; and circular economy. (Feb 2023)

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2022

New Secretariat to Address Connected Device Emissions — Global climate consultancy, the Carbon Trust, and technology companies Amazon, Meta, Microsoft, Samsung and Sky, are developing the industry’s first specification for measuring, accounting for, and decarbonizing the emissions associated with connected devices while being used by customers. Connected devices, which include phones and laptops, used a total of 500 Terawatt hours in 2020. The group aims to produce an accurate baseline for reporting energy efficiency improvements and establish rules for matching electricity consumption with renewable energy generation, as well as applying technology to optimize energy use of connected devices by consumers. (Sept 2022)

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Announced a plan to double its network energy efficiency by 2030, cutting the electricity per consumed terabyte of data in half. The plan includes investing in virtual, cloud-based technologies, which require less energy per unit of data. (Sept 2022)

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Announced an 15-year agreement with Constellation Energy for the purchase of 250 megawatts (MW) of energy and renewable energy certificates (RECs) sourced from Scout Clean Energy’s Blue Sky Solar Project, currently under construction in Illinois. The purchase will cover about 12 percent of the total power used by Comcast’s US operations. (April 2022)

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2021

The Climate Content Pledge — In an industry first, the CEOs of 12 UK broadcasters and streamers signed a new pledge to use content that helps audiences make greener choices and understand the path to net zero. The pledge was convened by albert. Signatories represent “over 70% of time UK audiences spend watching TV and film” and include BBC, Discovery, and Sky. (Nov 2021)
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COMCAST — Announced that a second round of cities will receive 600 grants worth $6 million for small businesses owned by people of color, as part of the Comcast RISE Investment Fund. It also announced its fourth round of Comcast RISE recipients, a group of 1,100 small businesses that will receive a TV campaign, consulting services, production of a TV commercial, equipment or services from Comcast Business, and access to the Ureeka platform.

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32 companies that have prioritized their workers during the COVID-19 pandemic (e.g., by establishing safety practices, disclosing demographic details to drive racial equity, worker benefits) have outperformed companies on the Russell 1000 by 8.6%, according to a JUST Capital ranking of companies “leading for their workers” by industry. CEF members BlackRock, Chevron, Comcast, Dow, Ford, JPMorgan Chase & Co., Lockheed Martin, McKesson, and Procter & Gamble are among the 32 companies featured. (Sept 2021)
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SKY — Announced it is now powered by 100% renewable electricity across its entire operations, which has resulted in a 22.7% reduction in Scope 1 and Scope 2 emissions (2018 baseline). The company also published its Scope 3 reporting methodology. (Aug 2021)
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Earned the Red Dot Design Award for its Xfinity Eco Capsule, which is made from bamboo, sugarcane, paper, and soy ink, with materials from responsibly managed forests, and has the world’s first resealable pulp lid. (July 2021)

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Committed to achieving carbon neutrality across its global operations (Scope 1 and 2) by 2035. (May 2021)
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Committed to awarding 13,000 BIPOC-owned small businesses across the U.S. with monetary grants, technology makeovers, and marketing services from Comcast RISE by 2022. Comcast RISE stands for “Representation, Investment, Strength, and Empowerment” and is a coordinated cross-company effort to address digital inequities through sustainable programming and investments. (May 2021)

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Over 170 CEOs from U.S. companies issued a public letter to Congress backing President Biden’s $1.9 trillion coronavirus relief package and urged rapid, bipartisan adoption. CEF member companies involved included BlackRock, Comcast, Google, JetBlue, Mastercard, Morgan Stanley, Siemens, and Visa. (March 2021)

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2020

Comcast announced the completion of a 760-panel rooftop solar installation at its multi-purpose facility in Washington, D.C. The system will reduce approximately 272 metric tons of CO2 in the regional electricity grid — as much as 385 megawatt-hours of energy annually, or the equivalent of 37 homes' worth of electricity. (Feb 2020)

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Comcast's British media company Sky has pledged to achieve net-zero carbon emissions by 2030. (Feb 2020)

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