Vivid Seats Releases 2024 Environmental, Social and Governance Update
02 Maggio 2024 - 1:15PM
Vivid Seats Inc. (NASDAQ: SEAT), a leading marketplace that
utilizes its technology platform to connect millions of buyers with
thousands of ticket sellers across hundreds of thousands of events
each year, today published its 2024 Environmental, Social and
Governance (ESG) Fact Sheet, providing new and updated performance
metrics and progress against ongoing initiatives.
“At Vivid Seats, sustainability and corporate responsibility
play a vital role in our business strategy, and we are pleased to
share the progress we have made in 2023 in this year’s report,”
said Stan Chia, Vivid Seats CEO. “We continue to demonstrate our
commitment to enabling exceptional experiences for all stakeholders
through the ongoing support of our employees, customers, and
communities.”
Highlighting its 2023 accomplishments, the 2024 ESG Fact Sheet
reflects Vivid Seats’ values and responsible business practices.
Notable ESG achievements include:
- Inclusion, Equity, and Diversity Dedication:
Vivid Seats has set high standards of corporate governance.
Leveraging a diverse range of skillsets and backgrounds, the
company is committed to fostering a workplace environment that is
inclusive and equitable.
- Vivid Seats is guided by a majority-diverse leadership team and
majority-diverse Board of Directors that drive ethical
decision-making across the organization. By November 2024, Vivid
Seats will have a majority independent Board of Directors with
fully independent Board committees.
- Environmental Sustainability Commitment: Vivid
Seats continued to strengthen its sustainability strategy,
including completing a comprehensive assessment to determine
environmental priorities and quantifying its modest environmental
footprint.
- In 2023, Vivid Seats began measuring its Scope 1 and 2
greenhouse gas (GHG) emissions to better understand its
environmental impact, enhance transparency, and benchmark its
future progress.
- Fan, Community, and Industry Support: Vivid
Seats believes in the power of shared experiences to connect people
and create change, partnering with national, local, and
industry-focused organizations through its charitable foundation
Vivid Cheers.
- Through its partnerships, Vivid Seats provides support in the
form of donations, live event experiences, and employee-led
on-the-ground assistance.
- To date, Vivid Seats has donated more than $2.8M to support the
efforts of MusiCares, the Recording Academy’s charity, to support
artists and enrich the live events community at large.
- In 2023, Vivid Cheers partnered with Make-A-Wish®, pledging
$250K, as well as event tickets, to share once-in-a-lifetime
experiences with children and families in their time of need.
To learn more about Vivid Seats’ ESG efforts, and to view the
full 2024 ESG Fact Sheet visit
https://investors.vividseats.com/esg
About Vivid SeatsFounded in 2001, Vivid Seats
is a leading online ticket marketplace committed to becoming the
ultimate partner for connecting fans to the live events, artists,
and teams they love. Based on the belief that everyone should
“Experience It Live,” the Chicago-based company provides
exceptional value by providing one of the widest selections of
events and tickets in North America and an industry leading Vivid
Seats Rewards program where all fans earn on every purchase. Vivid
Seats has been chosen as the official ticketing partner by some of
the biggest brands in the entertainment industry including ESPN,
Rolling Stone, and the Los Angeles Clippers. Vivid Seats also owns
Vivid Picks, a daily fantasy sports app. Through its proprietary
software and unique technology, Vivid Seats drives the consumer and
business ecosystem for live event ticketing and enables the power
of shared experiences to unite people. Vivid Seats has been
recognized by Newsweek as one of America’s Best Companies for
Customer Service in ticketing. Fans who want to have the best live
experiences can start by downloading the Vivid Seats mobile app,
going to vividseats.com, or calling 866-848-8499.
Contacts:InvestorsKate
AfrickKate.Africk@vividseats.com
MediaJulia YoungJulia.Young@vividseats.com
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