News & Press Releases
20
 
November
 
2024

Our Decarbonization Plan: A First Step to Contribute to more Sustainable Telecom Industry

On November 21, 2024, we proudly launched our Decarbonization Plan, a roadmap that underscores our commitment to reduce greenhouse gas (GHG) emissions and aligns with the Science-Based Target Initiative (SBTi) requirements. As one of the largest telecom distributors, we’re taking significant steps to contribute to limiting global temperature rise to 1.5°C, in line with the Paris Agreement.

Our Approach

This year has been transformative for us. In 2024, along with our ESG strategy, we shaped our climate strategy. We will formalize our commitment to set science-based targets to the SBTi this year, aiming to get our targets approved in 2025.  

As our CEO, Alper Turken, stated: “As a leader in telecom distribution, our influence extends to networks and communities worldwide. With that role comes a profound responsibility to act on climate. Our Decarbonization Plan reflects that commitment – a promise to build a sustainable future for generations to come.”

Our Emission Reduction Targets

Our Decarbonization Plan details our commitment and how we plan to reduce GHG emissions across our value chain, covering Scope 1, 2, and 3 emissions.  

We’ve set near-term reduction targets rooted in climate science, and we commit:

  • To reduce Scope 1&2 absolute GHG emissions by 63% by 2035 (baseline 2022)
  • To reduce Scope 3 GHG emissions from use of sold product by 67% per unit value added by 2035 (baseline 2022)
  • That 67% of our suppliers by spend covering purchased goods and services set science-based targets by 2030

To achieve these targets, we are planning to take action in our operations (e.g., sourcing renewable electricity, shifting to electric vehicles, and more) but not only. Since more than 99% of our emissions come from Scope 3, we are placing a strong emphasis on working closely with our partners and suppliers through an engagement program.  

Our Commitment to Climate Action

Our Decarbonization Plan reflects our commitment to Climate Action and is aligned with the requirements of the EU’s Corporate Sustainability Reporting Directive (CSRD) and the UN’s Sustainable Development Goal (SDG) 13 on Climate Action.  

We are committed to regularly reporting on the progress made against our Decarbonization Plan, for higher transparency and accountability. Guided by climate science and a determination to integrate sustainability into our operations, we believe this plan will help us reduce climate change's negative impacts.  

We hope to inspire our partners and the industry as a whole to embrace climate-conscious practices. Together, we can set the stage for a more resilient and sustainable future in telecom and beyond.

For more information: sustainability@netceed.com

Recommended

You might also be interested in these articles