Sustainability Day 2022: Deutsche Telekom Board of Management underscores sustainability as a top priority.
- Deutsche Telekom’s Board of Management is presenting the company’s new sustainability strategy
- Deutsche Telekom to cut energy consumption in Europe over the next two years
- Sustainable development goals anchored in the Group strategy and Board of Management’s remuneration system
- Focus on climate neutrality, a circular economy, diversity and digital participation, as well as good corporate governance
“Our customers, but also our investors, consider it important that our company grows sustainably. It is not only the price of the products that interests them, but also the price paid by the environment. That is why we are redoubling our efforts, for example, to achieve climate neutrality and a circular economy,” says CEO Tim Höttges at the Group’s first Sustainability Day. Deutsche Telekom will allow itself to be measured on its sustainability targets, just as it does for its financial figures. The Group confirms its financial targets for 2022 and its medium-term targets announced at the Capital Markets Day 2021.
Among other things, Deutsche Telekom wants to double its energy efficiency gains by 2024, making further progress in decoupling energy consumption from constantly increasing online data volumes. The company aims to reduce its energy consumption all across Europe. Consumption for 2024 in Germany should be at least ten percent lower than 2020 levels, helping Deutsche Telekom do its bit for the current energy situation.
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