ESG State of Play and Telco Approaches
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ESG State of Play and Telco Approaches Report Overview
Major tech and telecom companies have a stated commitment to ESG, but their goals, delivery, and reporting can vary substantially. TMT companies are among the key players in the race to net zero. They are not only reducing their carbon footprint, but also enabling others to decarbonize by offering solutions for resource optimization, productivity enhancement, and innovation support.
Many telecom operators are publishing sustainability reports which have substantial detail on areas such as greenhouse gas (GHG) emissions. These are increasingly being interlinked with financial reporting and board remuneration.
The ‘ESG State of Play and Telco Approaches’ report provides an assessment of ESG trends and factors influencing ESG standards in the telecom industry.
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ESG - Taxonomy and Market Focus
ESG is one of the most important strategic themes of the decade. Companies focus on all areas of ESG; being a laggard in any one of the pillars outlined in the ESG framework can undermine a brand’s reputation and, ultimately, profits. Increasingly, ESG will also play a growing role in attracting both investment and talent.
ESG will remain a hot topic for all corporate boards in a post-pandemic world. Social inequality, corruption, tax avoidance, and climate change are all issues that companies tend to address head-on, in full public view. All significant telecommunications operators have a stated commitment to ESG, but their goals, delivery, and reporting can vary substantially. To date, the technology and telecom sector has been a leader in ESG as it is at the cutting edge of combining the digital economy and delivering 21st-century employment and governance standards. Technology is also core to many aspects of recording and measuring ESG performance.
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Scope
This Global Outlook Report ‘ESG State of Play and Telco Approaches’ provides an assessment of ESG trends and factors within the telecom segment. GlobalData’s findings concluded that ESG compliance will be mandatory for the successful delivery of future products and services.
The report includes the following sections:
- Summary of the report
- The taxonomy and market focus chapter discusses ESG standards, rankings, and regulations and the use of these among telcos.
- ESG state of play in telecoms chapter discusses telecom operators’ ESG targets and current state of development.
- Telco approaches chapter provides telecom case studies outlining operators’ approaches and strategies towards ESG.
- The report concludes with key findings of telecoms’ ESG journey.
Reasons to Buy
The ESG State of Play and Telco Approaches’ looks into where telecom operators are in ESG terms and the ways they are approaching telecom. In particular, the report provides:
- Valuable insights into where telecom operators are in their ESG journey.
- Case studies provide real-world examples of market approaches, business models, and roadmaps about telcos’ ESG targets.
- The report also provides an overview of practical actions telecom operators can take to become more sustainable
SoftBank
Telefónica
Telstra
MTN Group
Vodacom
KPN
Telkom (South Africa)
Verizon Communications
Charter Communications
BT Group
Altice
Rogers Communications
Chunghwa Telecom
Optus
StarHub
Comcast
China Unicom
KT Corporation
Telus
Swisscom
Proximus
A1 Telekom
Austria Group
Eir
AT&T
Vodafone
BCE
Etisalat
Singtel
Iliad S.A.
PLDT
Vocus Group
Deutsche Telekom
Orange
Saudi Telecom Company
Jio
LG Uplus
United Internet
Du (company)
Tele2
Nippon Telegraph and Telephone
América Móvil
Gruppo TIM
SK Telecom
Telenor
Zain
Turkcell
CelcomDigi
China Telecom
KDDI
Bharti Airtel
Virgin Media O2
Telia Company
Taiwan Mobile
Globe Telecom
CK Hutchison
Table of Contents
Figures
Frequently asked questions
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What are telecom operators doing to achieve carbon neutrality?
Many telecom operators are setting intermediary targets for carbon neutrality and 100% renewable energy use targets to help with the net-zero journey.
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Why should companies focus on ESG?
Companies should focus on all areas of ESG as lagging in any one of the pillars outlined in the ESG framework can undermine a brand’s reputation and, ultimately, profits.
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