Vodafone: sets new sustainable targets to go 100% green

By Georgia Wilson
In a recent announcement made by Vodafone UK, the company has set new sustainable targets to become 100% green...

Following its announcement of its new sustainable targets, Vodafone has revealed that its European network will be powered by 100% renewable electricity by July 2021. The new targets will create a Green Gigabit Net for its customers in 11 markets that will use only power from wind, solar or hydro sources. Vodafone has also announced its commitments to help business customers reduce their carbon emissions by a cumulative total of 350mn tonnes over 10 years, between 2020 and 2030.

These pledges made by Vodafone align with the company’s ambition to improve the lives of 1bn people while halving its environmental impact by 2025. 

“More than ever, Vodafone is relied upon to connect millions of people around the world. As society rebuilds and recovers from the COVID-19 crisis, we have an opportunity to reshape our future sustainably to ensure that recovery does not come at a cost to the environment. Our accelerated shift to 100% renewable electricity on our European networks will change the way we power our technology for good - reducing our reliance on fossil fuels, helping our customers manage their resources more effectively and reduce their carbon emissions, while helping to create a healthier planet for everyone,” commented Nick Read, CEO of Vodafone Group.

The new targets were developed with support from global carbon and sustainability experts at the Carbon Trust - a partner of Vodafone;s for several years. 

“We have been working closely with Vodafone on its sustainability agenda since 2010, and for the last seven years on quantifying the carbon enablement impact of Vodafone’s products and services. There is a growing and important opportunity for the ICT sector to develop and enable new solutions that help drive decarbonisation and this target represents a very high level of ambition for Vodafone to continue to drive this strategy, further developing its IoT and other services, and engaging with its business customers,” added Tom Delay, Chief Executive of Carbon Trust.

‘Green networks plan accelerated in Europe’

The European Green Gigabit Net commitment made by Vodafone, has accelerated by three years an earlier pledge made by the company to source 100% renewable electricity for the company’s fixed and mobile networks by 2025.

Broken down, around four-fifths of Vodafone’s network energy will be renewable sources obtained directly from national electricity grids via PPA and green tariffs. The remaining fifth wll be obtained from credible renewable energy certificates. Where possible Vodafone will also invest in self generation on site, predominantly via solar panels.

Green Gigabit Net will be adopted across all Vodafone markets in Europe including: Germany, UK, Spain, Italy, Portugal, Ireland, Greece, Romania, Albania, Czech Republic and Hungary by July 2021.

Vodafone markets which have already made commitments to renewable electricity include:

  • Vodafone Italy, Czech Republic and Ireland have been using renewable electricity tariffs for a number of years
  • Vodafone Spain has announced a Power Purchase Agreement with Iberdrola
  • Vodafone Germany, Romania, Greece and Hungary all sourced renewable tariffs or certificates in 2019

To find out more about Vodafone’s commitments to a 100% green network, click here!

For more information on business topics in Europe, Middle East and Africa please take a look at the latest edition of Business Chief EMEA.

Follow Business Chief on LinkedIn and Twitter.

Image source: Vodafone 


Featured Articles

Abu Dhabi Airports prepares for Terminal A opening

A decade in the making, Abu Dhabi International Airport welcomes 6,000 volunteers to test operational readiness of stunning new Terminal A building

Business Chief expands portfolio with new look and coverage

Business Chief Middle East & Africa launches with fresh new look and extended coverage of the region, with exclusive executive interviews and insights

How Octopus Energy grew to become an industry giant

Octopus Energy continues to grow after a deal was agreed to acquire Shell Energy in the UK and Germany, taking its customer base to almost seven million

Perkbox CEO: How to support employees through tough times

Human Capital

How Middle East is embracing the future of digital finance

Corporate Finance

UAE Lulu Group shifts business for global growth and IPO

Corporate Finance