SHERIDAN, WYOMING – October 18, 2024 – Deutsche Telekom has been recognized for its outstanding commitment to sustainability, receiving the highest rating among DAX 40 companies from Scope Group analysts. This recognition underscores Deutsche Telekom's dedication to environmental, social, and governance (ESG) initiatives, setting a benchmark for sustainable practices in the industry.
The assessment, prompted by the Corporate Sustainability Reporting Directive (CSRD), evaluated companies based on their environmental and social sustainability performance. Deutsche Telekom achieved an impressive score of 81 out of 100, demonstrating its commitment to sustainability across all areas.
"We are delighted with the excellent rating from Scope Group. This recognition demonstrates our extensive commitment to sustainability," says Melanie Kubin-Hardewig, Vice President Group Corporate Responsibility at Deutsche Telekom. "For years, we have consistently taken into account opportunities and risks resulting from ecological or social aspects."
Key Sustainability Initiatives
Deutsche Telekom has implemented various sustainability initiatives, including:
- 100% Green Electricity: The company has been using 100% renewable electricity since 2021, significantly reducing its CO2 footprint.
- Circular Economy: Deutsche Telekom aims to make its technical devices and equipment almost completely recyclable by 2030.
- Long-term Device Usage: The company promotes the long-term use of devices through repairability and software updates, contributing to resource conservation.
Ambitious Goals for the Future
Deutsche Telekom has set ambitious goals to further reduce its environmental impact:
- Climate Neutrality: The company aims to achieve climate neutrality across its entire value chain by 2040.
- Near-Zero Emissions: By the end of 2025, Deutsche Telekom plans to almost completely eliminate emissions from its operations compared to 2017 levels.
Impact Measurement for Transparency
To measure the impact of its activities on the environment and society, Deutsche Telekom has developed a multi-level concept called Impact Measurement, which has been certified by TÜV.
"This approach enables us to identify the effects of specific projects, products, or measures on key ecological and social issues," explains Melanie Kubin-Hardewig. "Based on the measurement results, we can see which aspects we can still improve and communicate the results to customers, investors, and other stakeholders."
A Leader in Sustainability
Deutsche Telekom's commitment to sustainability is evident in its comprehensive approach, encompassing environmental protection, social responsibility, and economic viability. The company's recent recognition by Scope Group highlights its position as a leader in sustainability, setting an example for other companies to follow.