STOCKHOLM, SWEDEN -- (Marketwired) -- 04/09/13 --
* Ericsson reached its five-year carbon footprint intensity target infour 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, contributingto affordability and accessibility of mobile communications
* Strengthened commitment to responsible business practices, with focuson human rights and anti-corruption
In its Sustainability and Corporate Responsibility report 2012, Ericsson(NASDAQ: ERIC) summarizes the performance and achievements of its globalsustainability initiatives, which use connectivity to make a positivesocio-economic and environmental impact throughout the value chain.
Ericsson President and CEO Hans Vestberg says: "Many of the world's majorchallenges - such as urbanization, climate change, and poverty - couldbenefitfrom solutions offered by mobile broadband. Sustainability is a competitivedifferentiator and is high on our agenda, as well as that of our customers.Throughout the value chain and wherever we do business, we are creatingvaluefor ourselves and for our stakeholders by striving to be sustainable andresponsible in all that we do."
Ericsson has long been engaged in the global conversation on sustainabilityandcontinues its leadership in several bodies to further dialogue on the roleofInformation and Communications Technology and sustainable development.Vestbergis personally involved in the Broadband Commission for Digital Developmentwherehe led the working group on climate change, and recently agreed to chairtheCommission's task group on the post-2015 agenda and future SustainableDevelopment Goals. He is also a member of the Leadership Council of the UNSustainable Development Solutions Network, a multi-stakeholder initiativelaunched in 2012 by the UN Secretary-General.
Elaine Weidman-Grunewald, head of Sustainability and CorporateResponsibility,says: "Our aim is to make mobile communications more affordable andaccessible,as well as work to demonstrate the positive role of technology, where itcanshape low-carbon economies, increase access to education, and support otherhumanitarian issues such as refugees, peace and conflict resolution, anddisaster response."
In 2009, Ericsson set a five-year target to reduce its carbon footprintintensity by 40%. That goal has been reached within four years, largelythanksto systematic improvements across the portfolio and by improving productenergyefficiency, and focusing on Ericsson's own internal operations.
Weidman-Grunewald continues: "Achieving the target a year ahead of scheduleshows that we embrace the responsibility we hold as the industry leader, tocontinually raise the bar in our performance and offerings."
Corresponding improvements in 2012 include reduction in absolute emissionswithregard to business travel, down 16%; product transport, down 12%.
The Ericsson Mobility Report estimates that by 2017, 85% of the world'spopulation will have 3G coverage. To address the growing demand forcost-effective and energy-efficient build out of coverage, Ericsson offerssolutionsincluding: Psi coverage, which reduces power consumption by up to 40%; AIR,Antenna-Integrated Radio, a family of products that reduces energyconsumptionalso by 40%; and Managed Rural Coverage, which bundles a managed servicewith acost-efficient solar-powered 2G, 3G, or LTE mini-site solution, designed toconnect people in areas without voice and data communication.
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