ZTE's Goals Approved by SBTi - Smart Energy Decisions

Energy Efficiency, GHG Emissions, Industrial  -  May 7, 2024

ZTE's Goals Approved by SBTi

ZTE Corporation, a global provider of information and communication technology, announced that its science-based targets to reach net zero emissions by 2050 were approved by the Science Based Targets initiative (SBTi).

The company was the first large-scale ICT tech company in China to receive official approval for both the near-term and long-term GHG emission reduction targets and secure a place on the CDP A List, according to a statement.

ZTE commits to reducing absolute scope 1 and 2 GHG emissions by 52% by 2030, 90% by 2040, and reaching net-zero GHG emissions across the value chain by 2050.

The company already integrates green and low-carbon concepts into its end-to-end operations. ZTE not only focuses on R&D, production, and high-consumption facilities to lessen resource use and environmental impact, but also integrates green measures in its supply chain, develops emission models, and promotes collaboration with partners to reduce overall emissions.

ZTE targets "clean energy, ultra efficient ICT, intelligence network," focusing on improving product efficiency and creating a "zero" carbon network. The company is also helping global operators save 10 billion kWh of electricity annually through intelligent photovoltaic power generation, hydrogen fuel cells, liquid cooling, AI energy conservation and other advanced technologies.

In 2023, the company's overall carbon emissions decreased by 9.7% year-on-year with operation carbon emissions (Scope 1&2) decreasing by 3.0% year-on-year and all indirect (Scope 3) carbon emissions in the upstream and downstream decreasing by 9.8% year-on-year. Over the past two years, operation carbon emissions (Scope 1&2) decreased by 15.6% year-on-year, the unit energy consumption intensity of the company's total energy consumption increased by 18.1% and the self-built and self-used photovoltaic power generation installed capacity increased by 700%.

 

 

Keywords: ZTE

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