Warner Bros. Discovery

Warner Bros. Discovery logo

Warner Bros. Discovery is a leading global media and entertainment company that creates and distributes a diverse portfolio of content. It was formed from the merger of WarnerMedia and Discovery, Inc.

Positive signals

Warner Bros. Discovery's ESG management is assessed as 'Strong' by Sustainalytics, reflecting robust ESG programs, practices, and policies relative to industry peers.

Morningstar confirms that Warner Bros. Discovery's highest controversy level is currently low as of May 2025, with no major ESG controversies flagged in the past year.

Sustainalytics rates Warner Bros. Discovery, Inc. with an ESG Risk Rating of 13.6 (Low), ranking 67th out of 258 in its industry as of April 2025, indicating strong management of material ESG risks and a low overall exposure to such risks.

Concerns

S&P Global Ratings affirmed Warner Bros. Discovery's credit rating at 'BBB-' with a negative outlook in April 2025, reflecting ongoing concerns about the company's financial stability and governance amid industry volatility.

Fitch Ratings downgraded Warner Bros. Discovery's issuer default rating to 'BB+' on June 11, 2025, citing increased financial risk and negative outlook following a major corporate separation, which may impact governance and long-term sustainability.