l Establishing science-based emission reduction
targets in the near and long terms
l Achieved an impressive 7.48% reduction in
overall carbon emissions compared to the previous year while maintaining
revenue growth
l Committed to addressing climate change challenges
and creating a positive impact on both human society and the natural
environment
ZTE Corporation
(0763.HK / 000063.SZ), a global leading provider of information and
communication technology solutions, has officially announced its participation
in the Science-Based Targets Initiative (SBTi) and conducted a commitment
signing ceremony.
Aligning with the
initiative's guidelines, ZTE will establish science-based emission reduction
targets in the near term and strive for long-term net-zero emissions. Over the
course of 5-10 years, ZTE aims to achieve significant reductions in greenhouse
gas emissions in line with the 1.5°C temperature rise limitation pathway and
ultimately reach net-zero emissions by 2050 at the latest.
At the commitment signing ceremony, Mr. Wang Xiang, Senior Vice President and Chief Strategy Officer of ZTE, signed the pledge to the SBTi. Distinguished guests, including Mr. Lin Guoen, Vice Chairman of Deloitte China; Mr. Zhuang Binghan, Vice President of the Marketing Group at Intel; Mr. Hong Xiongbin, Regional General Manager of SGS Limited; and Mr. Ma Qi, Executive Deputy General Manager of Great Wall Power Technology Co., Ltd., representing valued suppliers, were in attendance, bearing witness to this significant milestone.
SBTi is
recognized as one of the world's most influential emission reduction
mechanisms. Launched in 2015 by the collaboration of the World Wide Fund for
Nature (WWF), the Carbon Disclosure Project (CDP), the World Resources
Institute (WRI), and the United Nations Global Compact (UNGC), this initiative
provides businesses with a well-defined and scientifically derived pathway to
effectively reduce emissions. By aligning with the goals of the Paris
Agreement, the SBTi empowers companies to proactively mitigate climate change's
adverse impacts by implementing scientifically grounded emission reduction
strategies.
As a leader in
the information and communication industry, ZTE has consistently been dedicated
to reducing its operational and value chain emissions. Through continuous
technological innovation, ZTE strives to enhance the energy efficiency of its
products and solutions. Moreover, its Green ICT infrastructure empowers diverse
industries to achieve energy savings and carbon reduction.
In 2022, ZTE
achieved an impressive 7.48% reduction in overall carbon emissions compared to
the previous year while maintaining revenue growth. This accomplishment was
made possible through the implementation of comprehensive and multidimensional
energy-saving and emission reduction measures.
The announcement
of ZTE joining the Science-Based Targets Initiative (SBTi) this time marks a
significant milestone in the Company's carbon neutrality journey. Following the
introduction of its visionary "Digital Economy Green Road" strategy
in 2021, ZTE is now committed to working closely with SBTi to develop tailored
emission reduction action plans. These plans will cover various domains,
including corporate operations, product research and development,
manufacturing, and supply chain management.
By aligning with
the SBTi guidelines and leveraging its expertise in technological innovation,
ZTE aims to make a substantial contribution to driving global economic growth
towards a greener and more sustainable future. The Company firmly believes in
the power of collaboration and collective action to address climate change
challenges and create a positive impact on both human society and the natural
environment.
ZTE helps to
connect the world with continuous innovation for a better future. The company
provides innovative technologies and integrated solutions, its portfolio spans
all series of wireless, wireline, devices and professional telecommunications
services. Serving over a quarter of the global population, ZTE is dedicated to
creating a digital and intelligent ecosystem, and enabling connectivity and
trust everywhere. ZTE is listed on both the Hong Kong and Shenzhen Stock
Exchanges. www.zte.com.cn/global
For more
information on ZTE’s devices in the Philippines. Follow ZTE Devices Philippines
(@ztedevicesph) on Facebook, Instagram and Tiktok. Also visit the ZTE Store in Lazada (https://www.lazada.com.ph/shop/zte-store-philippines).
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