Telecom firms join campaign for ‘zero-carbon world’ by 2050

  • 📰 MlaStandard
  • ⏱ Reading Time:
  • 72 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 55%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

MS36thAnniversaryIssue: Towards A Sustainable Future Telecom firms join campaign for ‘zero-carbon world’ by 2050 READ MORE

Telecom companies vowed to make their networks green and eco-friendly as their contribution to “zero-carbon world” by 2050.Mobile phone maker Ericsson said the telco industry accounts for about 1.4 percent of emissions worldwide, slightly lower than the aviation sector’s 2 percent.

To date, more than half of its core network sites are already fully or partially using sodium nickel batteries, with the rest to follow suit. Globe teamed up with ACEN, the renewable energy platform of the Ayala Group, in shifting 10 more facilities in Cavite, Cebu, Quezon City, Manila, Marikina and Laguna to clean energy, raising to 24 the total number of high-energy utilization facilities now running on renewables.

“PLDT and Smart are one with the GSMA in the Race to Zero . Where at the finish line awaits the wreath of net zero greenhouse gas emissions by 2050,” he said. This is the third PLDT facility in the Visayas to be partly powered by solar energy. The project which aims to cut carbon emissions by integrating renewable sources of power in its energy mix not only aligns with PLDT and Smart’s direction to further embed sustainability in the business, but is also an opportunity to reduce energy costs. The solar panels in the five facilities were installed by Spectrum, a subsidiary of the Manila Electric Company.

Jontrix Trading and Green Antz Builders are scrap recycling organizations that collect and upscale solid wastes into bricks, chairs and other construction materials to aid in waste reduction. Kreations is a social entrepreneur that helps women in Rizal to augment their household income by upcycling various materials; like tarpaulins, into bags, mats and other household items.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 20. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EU leaders agree targeted, temporary support for green industry - BusinessWorld OnlineBRUSSELS – European Union leaders agreed on Friday they should allow “targeted, temporary and proportionate” support to ensure Europe’s future as a manufacturing base for green tech products and counter US and Chinese competition. The European Commission has proposed loosening rules on state aid for investments in renewable energy, decarbonizing industry, hydrogen or zero-emission vehicles, […]
Source: bworldph - 🏆 9. / 68 Read more »

Globe can sustain growth momentum in 2023–exec | Lorenz S. MarasiganGlobe Telecom Inc. is confident that its lowered capital expenditures (capex) for 2023 will still allow the Ayala-led telco to sustain its growth momentum “without sacrificing customer experience.” In a press briefing on Thursday, Globe CFO Rizza Maniego-Eala said the company decided to lower this year’s capex to $1.3 billion…
Source: BusinessMirror - 🏆 19. / 59 Read more »

Globe sets 5% revenue growth, allots $1.3-B capex this year - BusinessWorld OnlineGLOBE Telecom, Inc. aims to reach a middle-single-digit or around 5% revenue growth this year as it hopes the inflation rate will ease for the rest of the year. “We can see that the mobile business remains very very strong and I would say the only wrinkle would be the growing inflation numbers,” Globe President […]
Source: bworldph - 🏆 9. / 68 Read more »