Deutsche Telekom receives approval for climate targets by Science Based Targets initiative

Wednesday 12 June 2019 | 11:01 CET | News

Deutsche Telekom said that its climate protection targets have been approved by the Science Based Targets initiative (SBTi), an independent group of experts that evaluates companies' climate protection targets to determine if they contribute to limiting global warming below the 2 degree celsius threshold. 

Deutsche Telekom plans to use electricity only from renewable sources by 2021 and to reduce its CO2 emissions by 90 percent compared with its 2017 levels by 2030. It wants to reduce emissions from the production and utilisation phases by 25 percent by 2030. The company believes that it will reach the targets expiring in 2020. 

Deutsche Telekom is the third DAX-listed company alongside SAP and HeidelbergCement to receive positive feedback on its climate targets. To meet the requirements of the Science Based Targets initiative, companies have to prove that their targets satisfy a catalogue of criteria and their entire CO2 footprint have to be taken into account, including emissions from the supply chain as well as those from customer utilisation of the manufactured or marketed products.

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Categories: General
Companies: Deutsche Telekom
Countries: Germany
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