Monday 23 November 2020

Vodafone dials in to net zero by 2040

Vodafone has announced a new commitment to reducing the company’s total global carbon emissions to net zero by 2040.

The telecoms giant has also confirmed its 2030 carbon reduction targets have been approved by the Science Based Targets initiative.

By 2030, Vodafone has pledged to eliminate all carbon emissions from its own activities and from the energy it purchases and uses, as well as halve carbon emissions from Scope 3 sources, including joint ventures, all supply chain purchases, the use of products it has sold and business travel.

The firm has vowed to eliminate Scope 3 emissions completely by 2040, bringing forward by ten years Vodafone’s original 2050 ambition to reach net zero across its full carbon footprint.

Vodafone Group Chief Executive Officer Nick Read said: “Vodafone believes in leading by example, so today we have pledged to become fully ‘net zero’ by 2040 and the Science Based Targets initiative has confirmed that our 2030 carbon targets are in line with the most ambitious goal of the Paris Agreement.

“We are committed to reducing our carbon footprint through improved energy efficiency, renewable energy supply, reducing our network waste and new environmental criteria when we select suppliers.”