Warner Bros. Discovery
Formed in 2022 when AT&T spun-off WarnerMedia, which then merged with Discovery Inc. Brands include Warner Bros, HBO, CNN, Cartoon Network, Discovery Channel, DC Comics and video game publishing.
|Warner Bros. Discovery Inc||USA||website|
|Warner Bros. Discovery Inc|
JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2023 rankings JUST Capital asked a representative sample of 3,002 Americans to compare 20 different business Issues on a head-to-head basis, producing a reliable hierarchy of Issues ranked in order of priority. Issues are organised under the headings Workers, Customers, Communities, the Environment, or Shareholders & Governance. JUST Capital then define metrics that map to those issues and track and analyse the largest, publicly traded U.S. companies. This analysis powers their rankings, in which this company ranked in the Bottom 10% of 951 companies, and 14th of 15 Media companies.
Source: JUST Capital (2023)
This company received an S&P Global ESG Score of 20/100 in the PUB Media, Movies & Entertainment category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 23 Sep 2022). The rankings are based on an analysis of corporate economic, environmental and social performance, assessing issues such as corporate governance, risk management, environmental reporting, climate strategy, human rights and labour practices.
Source: S&P Global (2022)
As You Sow's 2023 report, 'The 100 Most Overpaid CEOs', reveals the 100 most overpaid CEOs from USA's 500 largest public companies (as determined by the S&P 500 list). This company's CEO, David M. Zaslav came in at number 1 on the list, having been paid US$246,573,481 in 2022. According to the report, "Most CEOs have come to be grossly overpaid, and that overpayment is harmful to the companies, the shareholders, the customers, the other employees, the economy, and society as a whole."
Source: As You Sow (2023)
This company received a score of 15/100 in the Newsweek Green Ranking 2017, which ranks the world's largest publicly traded companies on eight indicators covering energy, greenhouse gases, water, waste, fines and penalties, linking executive pay to sustainability targets, board-level committee oversight of environmental issues and third-party audits. Ranking methodology by Corporate Knights and HIP Investor.
Source: Newsweek (2017)
In 2022 the median pay for a worker at this company was US$172,735. The CEO was paid 227 times this amount. Exorbitant CEO pay is a major contributor to rising inequality. CEOs are getting more because of their power to set pay, not because they are increasing productivity or possess specific, high-demand skills. The economy would suffer no harm if CEOs were paid less (or taxed more). In contrast, the CEO-to-typical-worker compensation ratio was 20-to-1 in 1965 and 58-to-1 in 1989.
Source: AFL-CIO (2023)
This company has corporate responsibility claims on its website under the headings
purposeful storytelling, engaging with impact and creating responsibly and sustainably. They also have a diversity and inclusion policy.
Source: company website (2020)
California, the UK and Australia have all enacted legislation requiring companies operating within their borders to disclose their efforts to eradicate modern slavery from their operations and supply chains. Follow the link to see this company's disclosure statement.
Source: company website (2020)
OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see Discovery Inc's record of political donations, lobbying, outside spending and more.
Source: Open Secrets (2022)
|Subsidiaries||Warner Bros Interactive Entertainment|
|Address||New York, New York, USA|
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