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Regardless of the challenges of the COVID-19 pandemic Ericsson remained dedicated and on observe in 2020 in direction of reaching its sustainability objectives whereas additionally setting formidable new targets.
The COVID-19 pandemic has accelerated digitalization throughout the globe. And over the previous 12 months, digital applied sciences have demonstrated the potential to unravel international challenges comparable to local weather change and digital inclusion.
In its new Sustainability and Corporate Responsibility Report 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 targeted on retaining our folks secure and our clients networks operating around the globe, says Heather Johnson, Head of Sustainability and Company Duty for the Ericsson Group. We had 85,000 workers pivot to working from dwelling. Regardless of these and the opposite challenges of the COVID-19 pandemic, we’re pleased with our progress in direction of assembly our formidable sustainability objectives in addition to our work to conduct enterprise responsibly. bridge the digital divide and ship options for local weather motion.
Sustainability and company accountability have lengthy been on the core of Ericssons technique and tradition, with the aim of driving enterprise transformation and creating worth for stakeholders. Ericssons work on this space is necessary for 3 foremost causes: incomes the belief of workers, clients and different key stakeholders; supporting the supply of revolutionary and power environment friendly merchandise and options; and enhancing the efficiency and effectivity of Ericssons personal operations and worth chain.
The important thing to our profitable enterprise efficiency is linked to the achievement of our formidable sustainability targets and packages, mentioned Ronnie Leten, Chair of the Board of Administrators. A powerful deal with accountable enterprise and sustainability delivers worth to Ericsson, our clients and society.
Highlights and efficiency 2020
In 2020 Ericsson constructed on its sturdy basis of accountable enterprise practices by sharpening its deal with lowering dangers to well being, security and well-being. In 2020, Ericsson additionally set a brand new goal of zero fatalities and misplaced workday incidents by 2025 to strengthen this dedication.
Inside its personal operations, Ericsson reported a 57 p.c discount in carbon emissions and stays on observe to be carbon impartial by 2030.
Past its personal operations, Ericsson remained a driving pressure for international local weather motion in 2020. The corporate confirmed how a network-level method can help break the energy curve for cellular networks and the way digital options can cut back carbon emissions by 15 p.c by 2030 in sectors like transport and manufacturing.
The corporate additionally highlighted its full worth chain method to local weather motion efforts. This included founding the 1.5°C Provide Chain Leaders initiative to assist suppliers halve their emissions earlier than 2030 in addition to setting a goal for top emitting and strategic suppliers to set their very own 1.5°C aligned local weather targets by 2025.
Throughout 2020 Ericsson established a three-year partnership with UNICEF to assist map faculty connectivity in 35 international locations by the top of 2023. This units the muse for connecting each faculty to the web by 2030 a concrete step to closing the digital divide. .
Ericssons Sustainability and Company Duty Report is a part of the Firms Annual Report and externally assured by an impartial third get together.
It is usually produced in accordance with GRI Sustainability Reporting Requirements and the UN Guiding Ideas on Enterprise and Human Rights Reporting Framework.
Get highlights from the 2020 Sustainability and Company Duty Report here.
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