By Jaime Llinares Taboada

 

Vodafone Group PLC on Monday committed to achieve net zero emissions by 2040, bringing forward by ten years its original ambition.

The U.K. telecommunications company also promised to eliminate all carbon emissions from its own activities, and from the energy that it purchases and uses--also known as scope 1 and scope 2 emissions--by 2030. In addition, the group said it will halve scope 3 emissions--including joint ventures, supply chain purchases, use of products sold and business travel--by 2030.

"We are committed to reduce our carbon footprint through improved energy efficiency, renewable energy supply, reducing our network waste and new environmental criteria when we select suppliers. Vodafone will also enable our customers to reduce their environmental footprint through use of our services, including the Internet of Things," Chief Executive Nick Read said.

 

Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT

 

(END) Dow Jones Newswires

November 23, 2020 02:27 ET (07:27 GMT)

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