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Tele2 Achieves Top Sustainability Ranking Among Swedish Companies
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The telecom giant surpasses tech leaders in environmental and social duty.
Tele2 has been recognized for it’s commitment to sustainability, achieving a top ranking among Swedish companies. The company’s efforts have allowed it to outperform global technology leaders in environmental and social responsibility.
According to PETRAS MASIULIS,CEO of Tele2 for lithuania and the Baltic States,”This is a strong assessment of the efforts of all Tele2 employees – we will continue to seek sustainability to integrate into all areas of our activities. We strive for long -term sustainability goals, so we want our actions to be an example of a positive change.”
Tele2’s sustainability score reached 79.37 out of 100, placing it ahead of companies like Apple, Microsoft, and eBay.
The ranking methodology assesses companies based on “Liabilities and Ratings”, “Reporting and Transparency” and “Management,” using over 20 key indicators.
Earlier in June, Tele2 was included in Corporate Knights’ list of the “50 most sustainable European companies”.
The Tele2 Group has achieved a 96 percent reduction in absolute emissions of greenhouse gases (scopes 1 and 2), exceeding its initial target of a 90 percent reduction by 2025.
The company aims to reuse 30 percent of previously sold mobile phones by 2030 to reduce electronic waste and is striving for zero emissions.
Tele2 is implementing sustainable practices such as using green energy, transitioning to electronic contracts, minimizing paper usage, optimizing transportation, and promoting eco-friendly commuting options for employees.
“This is a strong assessment of the efforts of all Tele2 employees – we will continue to seek sustainability to integrate into all areas of our activities.”
Understanding Corporate Sustainability
Frequently Asked Questions About Corporate Sustainability
- What are scope 1 and 2 emissions?
- Scope 1 emissions are direct emissions from owned or controlled sources. Scope 2 emissions are indirect emissions from the generation of purchased electricity,steam,heating,and cooling.
- Why is electronic waste a concern?
- Electronic waste contains hazardous materials that can pollute the environment and pose risks to human health if not properly managed.
- What is green energy?
- Green energy is energy derived from renewable sources such as solar, wind, and hydropower, which have a lower environmental impact than fossil fuels.
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