News Corp

OVERALL
Owned	USA
Rating

Mass media

Operates in USA, UK and Australia in news and information services; book publishing; digital real estate services; cable network programming; and others. Brands include The Wall Street Journal, Dow Jones and HarperCollins Publishers. Brands in Australia include the The Australian, Daily Telegraph (Sydney), Herald Sun (Melbourne), Courier Mail (Brisbane), The Advertiser (Adelaide), Mercury (Tasmania), which with regional newspapers, gives them more than 59% of total circulation of newspapers. They also own Fox Sports Australia, realestate.com.au and Foxtel (50%). The company had 8000 employees in Australia in 2016.

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Company Assessment

PRAISE	CRITICISM	INFORMATION
News Corporation Ltd
CDP Forests Score of B In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts towards removing commodity-driven deforestation and forest degradation from its direct operations and supply chains. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Forests Score of B. Source: CDP (2021) CDP Climate Change Score of B In 2021, the Carbon Disclosure Project (CDP) asked companies to provide data about their efforts to reduce greenhouse gas emissions and mitigate climate change risk. Responding companies are scored across four key areas: disclosure; awareness; management; and leadership. This company received a CDP Climate Change Score of B. Source: CDP (2021)	2.2% in Newsweek Green Ranking 2017 This company received a score of 2.2/100 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) Settlement payment In 2016 this company agreed to pay US$280m to resolve claims that it monopolised the market for in-store promotions at more than 50,000 retail stores across the US. They made a settlement in the Manhattan Federal Court to settle the US$2b lawsuit. Source: news article (2016) 41.6% at JUST Capital JUST Capital polls Americans every year to identify the issues that matter most in defining just business behaviour. For their 2022 rankings the public identified 19 issues, which are organised under the headings Workers, Communities, Customers, Shareholders and Environment. 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 710th of 954 companies, and 14th of 15 Media companies. Source: JUST Capital (2022) 20/100 S&P Global ESG Score This company received an S&P Global ESG Score of 20/100 in the Media category of the S&P Global Corporate Sustainability Assessment, an annual evaluation of companies' sustainability practices (last updated 7 Feb 2021). 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 (2021)	Most controversial companies of 2012 This company appeared fourth on RepRisk's top ten "most environmentally and socially controversial companies of 2012". Companies on the list were severely criticised during 2012 by the world's media, governments and NGOs. [Listed under Information due to age of report] Source: RepRisk (2013) 10% on Corporate Equality Index This company has the low score of 10% on a report card on lesbian, gay, bisexual and transgender equality in corporate America. Source: Human Rights Campaign (2021) CEO Pay Ratio of 228:1 In 2019 the median pay for a worker at this company was US$64,666. The CEO was paid 228 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 (2020) Political donations According to the democracyforsale.net website, this company donated $41,024 to Australia's major political parties between 2012 and 2018, as disclosed to the Australian Electoral Commision (AEC). Source: Democracy For Sale (2018) Climate action commitments As listed on the We Mean Business website, this company has committed to the following climate action initiatives: adopt a science-based emissions reduction target. Source: We Mean Business (2021) Environmental claims This company has environmental claims on its website. Source: company website (2017) 42% in Forest 500 Rankings Forest 500 identifies the 350 companies and 150 financial institutions with the greatest exposure to tropical deforestation risk, and annually assesses them on the strength and implementation of their deforestation and human rights commitments. This company received a score of 42%. Source: Forest 500 (2021) Modern Slavery statement 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: Modern Slavery Registry (2018) OpenSecrets.org profile OpenSecrets.org tracks the influence of money on U.S. politics, and how that money affects policy and citizens' lives. Follow link to see this company's record of political donations, lobbying, outside spending and more. Source: Open Secrets (2020)

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Company Details

Type	Public company
Revenue	8.3 billion USD (2016)
Employees	24,000 (2016)
Subsidiaries	Foxtel Management Pty Ltd (65% owned)  Pay television Subscription television service incorporated in 1995 with 2.8 million subscribers across Australia. Previously a 50:50 joint venture between Telstra and News Corp, in 2018 News Corp's Fox Sports was absorbed by the company, resulting in News Corp owning a 65% stake and Telstra 35%.

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