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Liberty recognizes climate change and adverse impacts on the natural world are among the most pressing challenges facing humanity today. Environmental sustainability has implications for markets, and our investors. Moreover, how we manage our environmental impact matters to our employees, our customers, our business partners, and our other stakeholders. Click here for more information about Liberty’s climate initiative and corporate level carbon footprint.
Across our portfolio of businesses, we are taking environmental action in partnership with our employees, customers, and business partners. As part of these actions, we are focused on those issues that matter to the long-term value of the individual businesses, including the transition and physical risks associated with climate change, our portfolio companies’ energy management, and our portfolio companies’ waste management.
Environmental Stewardship in Action
Liberty supports Charter Communications in its goal to achieve carbon neutrality in its operations by 2035. Its 2023 ESG Report includes additional details on its journey to carbon neutrality, including disclosure aligned with frameworks issued by the Sustainability Accounting Standards Board (SASB) and the Task Force on Climate-related Financial Disclosures (TCFD).
GCI works in some of the most remote communities in the nation and strives to be good stewards on all tribal, state and federal lands. During the AU-Aleutians Fiber Project, GCI crews and contractors carefully surveyed the planned route, taking special precautions to ensure the safety and to maintain the integrity of Alaska’s ecosystems and cultural resources. Throughout the fiber laying process, onboard marine biologists monitor animal activities, including migration patterns, fishing grounds and mammal groups.
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Liberty Family of Companies
Liberty Broadband has overlapping management with Liberty Media Corporation, Qurate Retail, Inc., and Liberty TripAdvisor Holdings, Inc. Through these relationships, sharing best practices and learnings, and leveraging our collective scale, we – and they – can further advance our respective sustainability and stewardship missions.
F1 continues to lead the way in creating a sustainable sport for fans around the world to enjoy, using innovative technology & adapting the way the sport operates. F1 demonstrates its commitment through its march towards a series of key goals.
Develop future engines powered by sustainable fuels
Become Net Zero Carbon by 2030
Zero waste on and off the track, including through transportation of freight and personnel
Working with promoters on sustainable events
Reduced footprint back at base
Qurate Retail Group strategic imperatives within the Protecting Our Environment strategy pillar include:
Waste Reduction - The company is driving a waste-smart strategy across all locations to refuse, reduce, reuse, repurpose, and recycle waste. The company has active campaigns to curb single-use plastic, reduce paper printing, recycle shipping materials, and donate unsold products to charity.
Supply Chain Emissions - To reduce greenhouse gas emissions, the company is collaborating with inbound/outbound shipping and logistics partners to share more data used in optimizing transport modes and fuel usage. The company is also leveraging innovative technologies to monitor and manage scope 3 emissions, striving to make data-driven decisions that foster sustainability.
Energy Management - To conserve energy, the company is switching to renewable solar energy where possible. Completing various energy reduction initiatives and projects, such as: retrofitting lighting fixtures with LED lighting, installing smart systems to better monitor and control heating, ventilation, and cooling systems.
Liberty supports Tripadvisor in its various initiatives to help make a positive impact on the future of travel, including its involvement with Travalyst, a non-profit organization led by the Duke of Sussex to help bring about the systemic changes needed for sustainable travel to be taken out of the niche, and into the mainstream.
Animal Welfare
Travalyst
Through its Green Nation Touring Program, Live Nation helps artists adopt and scale sustainable touring practices that prioritize people and the planet. The Program expands on Live Nation’s Green Nation sustainability charter, which focuses on Climate Action and decarbonization of venue energy & transportation; Protection and regeneration of nature through responsible sourcing and consumption practices; as well as Community Engagement across artists, fans, employees, sponsors, vendors, and local communities.