Comcast NBCUniversal

CEF Lead Executives

Latest Sustainability Report

2024 Impact Report

(June 2024)

Highlights



  • Reduced greenhouse gas emissions by more than 30% since 2019.
  • In 2023, sourced 25% of total electricity load from clean and renewable sources.
  • Reduced the electricity per terabyte of data delivered on its network by 40% since 2019.
  • In 2023, launched the GreenerLight Program, which aims to institutionalize sustainability across the filmmaking process, from script to screen.
  • Increased people of color in the U.S. workforce to 46.3%, up from 45% in 2021, and increased women on the Executive Leadership Team to 37.8%, up from 35.8% in 2021.
  • Women made up 37.9% and people of color 43.3% of onscreen NBCUniversal film programming in 2023.
  • Through its program Comcast RISE, supported small 13,500 small businesses with $125 million in grants since 2020.
  • Spent $4.7 billion with Tier 1 Diverse Suppliers in 2023.

Highlights


Outlines the full allocation of proceeds from the inaugural green bond issued in February 2023

  • $995 million of net proceeds have been allocated to green investments 
  • $742.6 million was allocated to green buildings
  • $211.5 million to circular economy products, production technologies or processes
  • $19.3 million to clean transportation
  •  $19.2 million to energy efficiency
  • $2.4 million to renewable energy 

This resulted in:

  • New or expected certified green real estate of 1.2 million square feet
  • Diversion of 84,000 metric tons of waste from landfills
  •  Reduction of energy consumption of 13,600 MWh
  • Reduction or avoidance of 1,500 metric tons of CO2 equivalent.

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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