BT Group Brings Forward Net Zero Target Plans
September 20 2021 - 6:42AM
Dow Jones News
By Joe Hoppe
BT Group PLC said Monday that it plans to curb carbon emissions
sooner than expected and has brought forward its target date to
achieve net zero emissions from its own operations to 2030 from
2045.
The telecoms company said it has also brought forward its net
zero target for its supply-chain and customer emissions to
2040.
To meet these targets, the company said it will work closely
with customers and suppliers, press ahead with plans to retire
legacy networks like the 3G mobile network by 2023, and the public
switched telephone network by the end of 2025. Any residual
emissions will be covered by carbon offsetting.
BT has pledged to cut the emissions intensity of its business by
87% by the end of March 2031, and has set targets in line with the
Paris Agreement. The company said its new targets follow the
climate change report released Aug. 9 by the Intergovernmental
Panel on Climate Change, which warned that global heating is now
irreversible and urgent action is needed.
The company said it has reduced the carbon emissions intensity
of its operations by 57% since 2016, and has reduced its
supply-chain emissions by 19% over the same period.
Write to Joe Hoppe at joseph.hoppe@wsj.com
(END) Dow Jones Newswires
September 20, 2021 06:27 ET (10:27 GMT)
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