The COVID-19 pandemic has accelerated digitization the world over. And over the previous 12 months, digital applied sciences have demonstrated their potential to unravel international challenges akin to local weather change and digital inclusion.
In its new Sustainability and Company Duty 2020 report, Ericsson illustrates the way it creates worth by specializing in three pillars of sustainability: accountable enterprise, environmental sustainability and digital inclusion.
“In 2020, we centered on the protection of our staff and our buyer networks around the globe,” stated Heather Johnson, Head of Sustainability and Company Duty for the Ericsson Group. “We had 85,000 staff who switched to working from dwelling. Regardless of these and different challenges of the COVID-19 pandemic, we’re pleased with our progress in the direction of reaching our formidable sustainability objectives in addition to our work to conduct our enterprise responsibly. bridge the digital divide and supply options for local weather motion. “
Sustainability and company duty have lengthy been on the coronary heart of Ericsson’s technique and tradition, with the goal of driving enterprise transformation and creating worth for stakeholders. Ericsson’s work on this space is essential for 3 principal causes: to achieve the belief of staff, clients and different key stakeholders; assist the supply of modern and vitality environment friendly merchandise and options; and enhancing the efficiency and effectivity of Ericsson’s operations and worth chain.
“The important thing to our enterprise success lies in reaching our formidable sustainability objectives and packages,” stated Ronnie Leten, Chairman of the Board. “A powerful give attention to accountable enterprise and sustainability brings worth to Ericsson, our clients and society.”
Highlights and performances 2020
In 2020, Ericsson constructed on its stable basis of accountable enterprise practices by focusing extra on decreasing dangers to well being, security and well-being. In 2020, Ericsson has additionally set a brand new aim of zero fatalities and misplaced workday incidents by 2025 to strengthen this dedication.
Inside its personal operations, Ericsson has reported a 57% discount in carbon emissions and stays on monitor to be carbon impartial by 2030.
Past its personal operations, Ericsson has remained a driving pressure for international local weather motion in 2020. The corporate has proven how a network-level method can assist break the vitality curve of cell networks and the way digital options can. cut back carbon emissions by 15% by 2030 in sectors akin to transportation and manufacturing.
The corporate additionally highlighted its holistic method to the worth chain of local weather motion efforts. This included creating the 1.5 ° C Provide Chain Leaders Initiative to assist suppliers halve their emissions by 2030, in addition to setting a goal for strategic suppliers and excessive emissions set their very own local weather targets aligned at 1.5 ° C by 2025.
In 2020, Ericsson established a three-year partnership with UNICEF to assist map the connectivity of faculties in 35 nations by the top of 2023. This lays the inspiration for each faculty’s connection to the web by 2030 – a concrete step to scale back the digital divide. .
Ericsson’s sustainability and company duty report is a part of the corporate’s annual report and is offered externally by an unbiased third occasion.
It is usually produced in accordance with GRI’s sustainable growth reporting requirements and the United Nations Guiding Ideas on the Company and Human Rights Reporting Framework.
Uncover the highlights of the 2020 Sustainability and Company Duty Report right here.