Related Documents
Report
Corporate Responsibility Report 2018
The 2018 corporate‑responsibility overview for Modern Times Group (MTG) reflects a year of strategic realignment following the spin‑off of its Nordic Entertainment and Studios businesses into the newly listed Nordic Entertainment Group. The core thesis is that MTG’s renewed focus on esports, gaming and broader digital ventures can be pursued responsibly through four pillars—media responsibility, social impact, business ethics and environmental care—underpinned by materiality analyses for both entities and a suite of stakeholder‑driven priorities such as gender diversity, inclusion, GDPR compliance and the protection of minors. Financially, MTG reported net sales in the range of 15‑20 billion SEK and achieved an 89 % completion rate for mandatory ethics e‑learning. Risk management was strengthened by publishing event‑security guidance adopted by eight of twenty‑one partners, and by prioritising attendee safety at esports tournaments. Social contributions included a $18 k donation to UCSF, multi‑million‑dollar fundraising for Save the Children and the Diabetes Foundation, and the launch of education programmes targeting young gamers. Governance was reinforced through board oversight, external audits and memberships in more than a dozen industry bodies—including the IGDA, Esports Integrity Coalition and MESA—facilitating continuous stakeholder engagement via surveys, focus groups and board‑level dialogues. Environmental reporting showed a total carbon footprint of 25,215 t CO₂e, a 7 % year‑on‑year increase, while energy intensity fell sharply from 66 GJ per employee in 2016 to 40 GJ in 2018. Scope 3 emissions from events are now being captured, and no fines were recorded for direct energy use,
Modern Times GroupMar 2018
Report
Corporate Responsibility Report 2017
Modern Times Group (MTG) presented a comprehensive overview of its corporate responsibility performance for 2017, positioning itself as a global digital‑entertainment leader with approximately 3,700 employees and net sales of €16‑17 billion SEK. The report emphasizes MTG’s commitment to “media for good,” detailing initiatives that safeguard children through parental controls, audio‑description (covering 15 % of output) and subtitles (89 % of output), and noting a decline in broadcast‑compliance complaints to 49, with none upheld by Ofcom. Recognition of its children’s programming was underscored by a Kristallen award. Diversity and inclusion formed a central pillar of the strategy, with the workforce representing 59 nationalities and achieving near‑gender parity in Sweden and Finland (48 % women). The company set a 50/50 gender‑balance target for 2020, yet disclosed a persistent gender‑pay gap—women earned 66‑67 % of men’s basic salary, and female representation fell to 20 % at senior‑executive levels. Employee engagement remained high, reflected in an 84 % satisfaction rate and an 88 % sense of pride, while turnover stood at 16.5 %, driven primarily by male departures. Environmental performance revealed a 49.7 % increase in total greenhouse‑gas emissions versus 2016, largely attributable to the inclusion of MTGx operations and air travel, which accounted for roughly 70 % of emissions. Excluding air travel, emissions declined 12 % year‑on‑year, and overall energy consumption dropped from 71,782 GJ in 2015 to 51,459 GJ in 2017. The group’s external gaming arm, alongside its esports and digital‑entertainment divisions, contributed to a diversified portfolio spanning Europe and North America. Independent assurance by Ethos International confirmed compliance with GRI Core “in‑accordance” standards, identifying minor calculation errors and recommending enhancements in materiality analysis, equality and diversity focus, supplier code enforcement, and HR system integration. Stakeholder surveys and user testing were highlighted as effective mechanisms for aligning responsibility initiatives with customer expectations.
Modern Times GroupJan 2017
Financial
Corporate Responsibility Report 2016
The 2016 corporate responsibility effort positions MTG’s transformation around four pillars—media responsibility, social impact, business ethics and environmental care—grounded in a materiality analysis that consulted more than 400 internal and external stakeholders and identified content quality as the top issue. The strategy aligns with the UN Global Compact, particularly SDG 5 on gender equality, and sets measurable targets such as a 20 % reduction in energy use by 2020. During the year MTG generated SEK 17.3 billion in net sales and SEK 1.35 billion in operating income while employing roughly 3,800 staff. The company secured inclusion in the Dow Jones Sustainability Index and RobecoSAM’s Sustainability Yearbook, and reported a 7 % decline in total greenhouse‑gas emissions, supporting its environmental ambition. A 20 % energy‑use cut is pursued alongside a modest 13 % share of locally produced content. Social initiatives emphasized gender diversity through a fourth Women in Tech event, a “Women Up” leadership program for 30 high‑potential women, and internal role‑model promotion. Community programmes reached children in Bulgaria, Estonia and Latvia, covering obesity prevention, science outreach, adaptive sports, robotics and animal care. Governance was reinforced by a zero‑case record of confirmed corruption, a fully independent six‑member board, and a comprehensive data‑protection rollout that trained over 90 % of senior managers and prepared the organization for GDPR compliance. Corporate‑giving fell sharply, with media‑time donations down 55 % and cash contributions reduced to KSEK 1 217, while volunteer hours dropped to 374. Assurance by Ethos International confirmed overall data accuracy, noting minor calculation errors and recommending stronger HR data management and deeper integration of CSR into acquisition strategy. The scope covers all fully controlled MTG operations, subsidiaries, leased facilities and the 50 %‑owned GES Media Holding, excluding pay‑TV channels on third‑party platforms and markets no longer served, such as Ghana, Hungary, Russia, Tanzania and Ukraine.
Modern Times GroupJan 2016
Report
MTG Corporate Responsibility Report 2015
In 2015 the media group placed corporate responsibility at the core of its strategy, integrating ethical governance, sustainability and gender‑parity objectives across a global operation that spans 165 countries and includes broadcast, content localisation and e‑sports segments. The company achieved a 96 % compliance rate among 514 new hires—drawn from 38 nationalities—who signed a unified code of conduct, whistle‑blower and anti‑bribery policies aligned with the UN Global Compact and OECD guidelines, while stakeholder engagement was overseen by a dedicated board committee. Environmental performance showed mixed results: total carbon emissions rose 13 % since 2010, driven largely by travel that accounted for 61 % of emissions, and overall energy use increased 3 %. Nevertheless, the firm earned a 95 C rating on the Dow Jones Sustainability Index for the third consecutive time, a CDP disclosure score of 95 C, and operates a “green” office equipped with more than 200 solar panels. Targets for 2016 include a 23 % reduction in employee energy use (baseline 2010), expansion of renewable energy, and comprehensive data‑privacy training in response to upcoming EU legislation. Social impact was highlighted by a 91 % accessibility rate for
Modern Times GroupJan 2015