30 Nov 2022, United Kingdom. COP (Conference Of the Parties) in which the global public and private sectors showcase and discuss how they do their part in combating climate change and in turn have a positive impact on industry across the board. COP is an annual event associated with the UN Framework Convention on Climate Change.
The mobile industry was among the first to commit to achieving Net Zero by 2050. GSMA represents the world’s big mobile contenders and members’ meaningful progress in implementing and pushing for the use of renewable energy in their networks. When it comes to public policy, there was the school of thought that the telecoms industry could do more if governments and regulators allow them the space in which to do it.
“Operators are making meaningful progress in the use of renewables to power communications networks,” said John Giusti, Chief Regulatory Officer at the GSMA. “However, given the scale of demand, the GSMA calls for greater collaboration between the private and public sectors to expand the renewable energy infrastructure needed to hit our net zero ambitions. This will require reducing regulatory barriers, supporting market-based mechanisms to access renewable electricity, and incentivising investment in new renewable power generation.”
“After switching Vodafone’s European networks and operations to renewable energy, we are also making important strides in Africa,” said Joakim Reiter, Vodafone’s Chief External & Corporate Affairs Officer, in the GSMA announcement. “But accelerating the industry’s transition to renewables everywhere, in a more equitable way, will require significantly greater co-operation between the public and private sector.
“Governments increasingly embrace the enablement potential of telecoms itself to reduce carbon across society. This should go hand-in-hand with leveraging the telecom sector to attract long-term investments in renewable energy generation, increasing its availability and accessibility as part of national plans to enhance energy security and stimulate future-proof economic and social development.”
“Sustainability enables businesses to cope with disruption,” said Kristin Moyer of Gartner. “Economic uncertainty, geopolitical conflict, and escalating materials and energy costs are forcing businesses to re-examine all forms of expenditure. This focus on essentialism, in combination with increasing stakeholder desire to see progress on environmental, social and governance (ESG) goals, creates new opportunities for organisations to grow while mitigating cost and risk”.
“Executive leaders are achieving both operational and supply chain savings through their sustainability programs. This kind of ‘two for one,’ where sustainability investment supports a business goal like cost optimisation, significantly enhances the program’s impact by creating a virtuous cycle.”
Source: Telecoms.com
By: Jacqueline Freer
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