STOCKHOLM, SWEDEN, Apr 09 (Marketwired) --
* Ericsson reached its five-year carbon footprint intensity target in four
years, one year ahead of schedule
* Addressing mobile broadband coverage and demand expansion, Ericsson has
complemented its portfolio with energy efficient solutions including:
Psi-Coverage and Managed Rural Coverage
* Milestones reported for Technology for Good initiatives, contributing
to affordability and accessibility of mobile communications
* Strengthened commitment to responsible business practices, with focus
on human rights and anti-corruption
In its Sustainability and Corporate Responsibility report 2012, Ericsson
(NASDAQ: ERIC) summarizes the performance and achievements of its global
sustainability initiatives, which use connectivity to make a positive
socio-economic and environmental impact throughout the value chain.
Ericsson President and CEO Hans Vestberg says: "Many of the world's major
challenges - such as urbanization, climate change, and poverty - could
benefit from solutions offered by mobile broadband. Sustainability is a
competitive differentiator and is high on our agenda, as well as that of
our customers. Throughout the value chain and wherever we do business, we
are creating value for ourselves and for our stakeholders by striving to
be sustainable and responsible in all that we do."
Ericsson has long been engaged in the global conversation on
sustainability and continues its leadership in several bodies to further
dialogue on the role of Information and Communications Technology and
sustainable development. Vestberg is personally involved in the Broadband
Commission for Digital Development where he led the working group on
climate change, and recently agreed to chair the Commission's task group
on the post-2015 agenda and future Sustainable Development Goals. He is
also a member of the Leadership Council of the UN Sustainable Development
Solutions Network, a multi-stakeholder initiative launched in 2012 by the
Elaine Weidman-Grunewald, head of Sustainability and Corporate
Responsibility, says: "Our aim is to make mobile communications more
affordable and accessible, as well as work to demonstrate the positive
role of technology, where it can shape low-carbon economies, increase
access to education, and support other humanitarian issues such as
refugees, peace and conflict resolution, and disaster response."
In 2009, Ericsson set a five-year target to reduce its carbon footprint
intensity by 40%. That goal has been reached within four years, largely
thanks to systematic improvements across the portfolio and by improving
product energy efficiency, and focusing on Ericsson's own internal
Weidman-Grunewald continues: "Achieving the target a year ahead of
schedule shows that we embrace the responsibility we hold as the industry
leader, to continually raise the bar in our performance and offerings."
Corresponding improvements in 2012 include reduction in absolute emissions
with regard to business travel, down 16%; product transport, down 12%.
The Ericsson Mobility Report estimates that by 2017, 85% of the world's
population will have 3G coverage. To address the growing demand for
cost-effective and energy-efficient build out of coverage, Ericsson offers
solutions including: Psi coverage, which reduces power consumption by up
to 40%; AIR, Antenna-Integrated Radio, a family of products that reduces
energy consumption also by 40%; and Managed Rural Coverage, which bundles
a managed service with a cost-efficient solar-powered 2G, 3G, or LTE
mini-site solution, designed to connect people in areas without voice and
The report describes in detail Ericsson's Technology for Good projects and
the milestones achieved in 2012. Connect To Learn, the global education
initiative, has now been launched at 33 schools ranging from Brazil to
Ghana. More than 185,000 refugees are now registered on the Refugees
United mobile platform to help re-connect missing family. Ericsson is the
technology partner to the PeaceEarth Foundation, which launched its Youth
Peacemaker Network in Uganda and South Sudan.
The report covers Ericsson's strengthened focus on ways of conducting
business responsibly. The Code of Business Ethics, summarizing the key
group policies and directives governing relationships in the company and
with stakeholders, was updated in 2012 to reflect the new UN Guiding
Principles for Business and Human Rights, and Ericsson's commitment to
respect human rights throughout its operations. To support implementation
of the principles, the company launched a two-year business learning
program on human rights. Ericsson has also joined the World Economic
Forum Partnering Against Corruption Initiative (PACI).
Ericsson's first environmental report was published in 1993. Read the full
2012 report at www.ericsson.com/sustainability.
NOTES TO EDITORS
Weidman-Grunewald will join Vestberg onstage for the company's Annual
General Meeting of Shareholders on April 9 in Kista, Sweden to launch the
Backgrounders on Technology For Good programs are available at
Vodafone Egypt Tests Psi-Coverage Solution from Ericsson
Ericsson Mobility Report
Photos are shareable at www.flickr.com/ericsson_images
Download high-resolution photos and broadcast-quality video at
Ericsson is a world-leading provider of communications technology and
services. We are enabling the Networked Society with efficient real-time
solutions that allow us all to study, work and live our lives more
freely, in sustainable societies around the world.
Our offering comprises services, software and infrastructure within
Information and Communications Technology for telecom operators and other
industries. Today 40 percent of the world's mobile traffic goes through
Ericsson networks and we support customers' networks servicing more than
2.5 billion subscriptions.
We are more than 110,000 people working with customers in more than 180
countries. Founded in 1876, Ericsson is headquartered in Stockholm,
Sweden. In 2012 the company's net sales were SEK 227.8 billion (USD 33.8
billion). Ericsson is listed on NASDAQ OMX, Stockholm and NASDAQ, New
York stock exchanges.
20th Anniversary Sustainability Report from Ericsson:
This announcement is distributed by Thomson Reuters on behalf of Thomson
Reuters clients. The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and
originality of the information contained therein.
Source: Ericsson via
Thomson Reuters ONE
FOR FURTHER INFORMATION, PLEASE CONTACT
Ericsson Corporate Communications
Phone: +46 10 719 69 92
Ericsson Investor Relations
Phone: +46 10 719 00 00
ï¿½ 2013 Marketwire L.P. All rights reserved.