GlobalData offers a comprehensive analysis of ZTE, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on ZTE‘s ESG performance. GlobalData’s company profile on ZTE offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.
ZTE, a telecommunications company, is committed to reduce its carbon footprint. In 2022, the company achieved significant milestones, notably reducing carbon emissions from commutes and business trips by approximately 36,300 tons annually. Additionally, a noteworthy 14.72% reduction in carbon emissions related to sold products was accomplished. The company realized a 9.3% reduction in carbon emissions from the production of individual products, along with a year-over-year decrease of 7.13% in electricity consumption for production compared to 2021.
ZTE leverages digital transformation for a carbon emissions model, enhances capabilities in the three R's (Reduce, Reuse, Recycle), achieving a 90% recycling rate and reducing emissions by 5,812 tons in 2022. Additionally the company focuses on effective waste management, segregating waste and setting up ledgers for waste control. The annual waste generation included 3,862.85 tons of general waste and 637.99 tons of hazardous waste. The company is committed to advancing its sustainability strategy and management for continued progress.
ZTE has taken active steps to reduce its emissions. ZTE is committed to a low-carbon strategy and has established a corporate-level team focused on 10 programs for carbon emission reduction, achieving recognition as the first in China's telecom industry to implement the ISO 14604-1:2018 standard. The company extends its dedication to green practices, including innovative product development, carbon reduction throughout the product lifecycle, and the creation of a cloud platform that significantly cuts down 36,300 tons of carbon emissions annually while actively contributing to green development in the ICT industry.
In conclusion, ZTE is actively working towards reducing its GHG emissions and is committed to making steady progress in its sustainability strategy. The company's commitment to sustainability and its efforts to transition to a low-carbon economy demonstrate its dedication to mitigating climate-related risks and contributing to a more sustainable future.
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