AEG Adopts Science-Based 2020 Environmental Goal for GHG Emissions Reduction

Company releases 2016 Sustainability Report

‍Los Angeles, CA (October 11, 2016) –  At SXSW Eco, John Marler, Senior Director, Energy and Environment for AEG, today announced that AEG, the world’s leading sports and live entertainment company, has adopted a new science-based goal to reduce its greenhouse gas (GHG) emissions and that the company has released its 2016 AEG Sustainability Report.

The announcement underscores AEG’s continued commitment to reducing GHG emissions and its environmental footprint.  Overall, the company has reduced annual GHG emissions by 13% at sites that have been in its portfolio since 2010 -- the equivalent of taking 3,200 vehicles off the road.In its 2016 sustainability report, AEG outlined its progress towards the company’s new set of 2020 Environmental Goals that are based on performance metrics collected from its worldwide venues, festivals and offices.  The new goals will help ensure AEG is making meaningful and measurable reductions to its environmental footprint.The company’s 2020 goals are as follows:

• Reduce GHG emissions across all operations by 3.2% per year from 2010 to 2020. This new science-based GHG goal ensures emissions reductions are aligned with recommendations made by the scientific community to keep global temperatures from increasing more than 2 degrees Celsius and will ensure that AEG is doing its part to help avoid the worst of climate change.
• Reduce potable water use at water-stressed sites by 2.3% per year from 2010 to 2020.  The new water target focuses potable water conservation efforts on sites in “water-stressed” regions as identified by the World Resources Institute.
• Divert 70% of waste from landfill across all operations by 2020. AEG surpassed its original waste diversion goal of 25% several years ago. Its new 70% target will help AEG move closer to its long-term vision of zero waste.