News Corporation (Class B) (NWS) — ESG & Values Scores

Environment story

News Corp discloses minimal direct environmental metrics and has not published quantified Scope 1, 2, or 3 emissions targets. The company operates substantial paper-intensive publishing and printing operations globally, generating significant carbon footprints through distribution and supply chains. No verified net-zero commitment year is disclosed. Paper sourcing and printing logistics represent material supply-chain environmental risks. The company references ESG reporting availability but the 10-K contains no substantive emissions reductions, renewable energy deployment, or decarbonization infrastructure investments. Absence of Scope 3 disclosure and rising paper/transportation costs (acknowledged in risk factors) suggest material undisclosed or rising operational emissions.

Criticisms on file

Undisclosed Scope 1, 2, 3 emissions and absence of net-zero target
Source: NWS_10k.txt - Environmental, Social and Governance disclosures; Human Capital section references ESG Report but no emissions data in 10-K
Paper-intensive operations and supply-chain sustainability risk; acknowledged printing cost pressures and supply disruptions
Source: NWS_10k.txt - Risk Factors: 'Any Significant Increase in the Cost to Print and Distribute the Company's Books and Newspapers or Disruption in the Company's Supply Chain'
EU Deforestation Regulation exposure
Source: NWS_10k.txt - Risk Factors: 'changes in laws and regulations, such as the E.U.'s Deforestation Regulation'

Disclosed initiatives

ESG Report Publication

Company states ESG Report is available on website; no details on environmental commitments disclosed in 10-K
Paper Sourcing Acknowledgment

Company notes paper purchasing on regional volume basis from major manufacturing countries; states sources are adequate under present conditions

Social story

News Corp employs approximately 22,300 employees globally, with ~3,500 represented by unions (15.7% unionization). CEO-to-worker pay ratio not disclosed in 10-K; without this metric, a deduction of 15 points cannot be confirmed, but absence of disclosure itself indicates limited pay equity transparency. The company states 'relationships with employees are generally good' and describes comprehensive benefits, training, and health/safety programs. However, no quantified diversity metrics for executive or board leadership are disclosed in the 10-K itself, preventing direct assessment against the 30% threshold. Union-related labor actions or disputes are not mentioned in the documents provided. The company emphasizes culture, ethics training, and global talent development but lacks hard diversity data and pay-equity commitments in the filing.

Criticisms on file

Absence of disclosed CEO-to-median-worker pay ratio and executive/board diversity percentages
Source: NWS_10k.txt - Human Capital section does not provide pay ratios or diversity metrics; ESG Report referenced but not incorporated by reference
Limited transparency on pay equity and diversity commitments
Source: NWS_10k.txt - 'Human Capital' and governance sections lack quantified diversity and pay-gap disclosures

Disclosed initiatives

Health, Safety, Security and Wellbeing Programs

Programs benchmarked against industry best practices; Global Security Operations Center for high-risk assignments; mental/physical health initiatives
Compensation and Benefits

Short- and long-term incentive programs; competitive salaries; healthcare, retirement, parental leave, flexible work arrangements
Training and Development

Career planning, internal mobility, job-specific training, performance reviews, leadership pipeline development
Standards of Business Conduct

All employees required to complete ethics and compliance training; policies on workplace conduct, conflicts of interest, anti-corruption

Governance story

News Corp operates a dual-class share structure (Class A and Class B), with Class A shares carrying superior voting rights, creating unequal voting control. This is a structural governance detriment attracting a 20-point deduction. Board independence percentage is not disclosed in the 10-K. The company does not disclose annual lobbying expenditures in the filing. No active antitrust proceedings, consumer-safety actions, or financial-fraud litigations are mentioned in the documents provided. The company references compliance governance (Compliance Steering Committee reporting to Board via Audit Committee) and standards of business conduct, but lacks transparency on board composition independence and lobbying activity. Intellectual property enforcement efforts and regulatory compliance are described but do not reveal material fines or SEC consent decrees.

Criticisms on file

Dual-class share structure with unequal voting rights between Class A and Class B shareholders
Source: NWS_10k.txt - Business Overview states dual-class structure; inherent governance inequality
Board independence percentage not disclosed
Source: NWS_10k.txt - Governance section does not provide board composition or independence metrics
Lobbying expenditures not disclosed in 10-K
Source: NWS_10k.txt - No annual lobbying spend or advocacy expenditures reported in filing

Disclosed initiatives

Compliance Steering Committee

Oversees global compliance policies, protocols, and guidance; reports to Board via Audit Committee; performance on ethics/compliance evaluated for executive incentive payout reduction
Board Oversight of Human Capital

Compensation Committee responsible for reviewing and assessing risks, opportunities, strategies related to human capital management
Standards of Business Conduct and Ethics Training

All employees required to complete regular training on business conduct, compliance with law, ethical behavior, anti-corruption, anti-bribery
Intellectual Property Protection Advocacy

Company engages in efforts to strengthen intellectual property laws and enforcement globally; advocates for technical standards and legal frameworks

These are Missionomics' own editorial scores — directional signals built from disclosed facts under a published method, not certifications or definitive ratings of News Corporation (Class B). Coverage and confidence vary by data point, and figures can lag real-world changes. Read the full Methodology for sourcing, scoring, and correction details — or open News Corporation (Class B) in the app for interactive charts and portfolio building.

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