Tencent Music Entertainment GroupTencent Music Entertainment Group - ESG Rating & Company Profile powered by AI

Industry Group:Movies & Entertainment

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Tencent Music Entertainment Group in the Movies & Entertainment industry gained a UN SDG ESG Transparency Score of 2.2; made up of an environmental score of 0.0, social score of 2.3 and governance score of 3.2.

SDG Transparency Score for Tencent Music Entertainment Group 

2.2

Low Impact
0 - 3
Medium
4 - 6
High
7 - 10
Last Score Update: 2023-07-01
What drives the score for Tencent Music Entertainment Group 
0.0

Environmental

2.3

Social

3.2

Governance

Detailed ESG Breakdown
SEVVA Platform offers unique drill down to the underlying sources powering the ratings. Break down your ESG analysis by 17 UN SDGs and 8 additional governance factors.

Peer Group Comparison

RankCompanySDG Transparency Score Performance
1Event Hospitality and Entertainment Ltd
8.2
High
2Balaji Telefilms Ltd
8.0
High
.........
200Cathay Media and Education Group Inc
2.3
Medium
200Netflix Inc
2.3
Medium
203Tencent Music Entertainment Group
2.2
Medium
203BMB Music and Magnetics Ltd
2.2
Medium
203Besiktas Futbol Yatirimlari Sanayi ve Ticaret AS
2.2
Medium
.........
336Valiant Eagle Inc
0.0
Low
336m4e AG
0.0
Low
.........
View the full peer group of 413 companies on the SEVVA platformSign up for free
Peer Companies Benchmark
SEVVA Platform benchmarks each company against a peer group. View the full score distribution for peers by logging into SEVVA

Frequently Asked Questions

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Does Tencent Music Entertainment Group disclose current and / or historical scope 1 emissions?

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Does Tencent Music Entertainment Group disclose the pay ratio of women to men?

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Potential Risks for Tencent Music Entertainment Group
These potential risks are based on the size, segment and geographies of the company.

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

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