Pioneering a Sustainable Future at Ericsson

Rhea-AI Summary

Ericsson released its Sustainability and Corporate Responsibility report 2022, highlighting advancements in sustainability across its operations. Key achievements include a 10x increase in energy efficiency for its 5G portfolio compared to 4G, and the 'Connect to Learn' initiative reaching 400,000 students in 36 countries. The company aims to increase female representation in leadership to 30% by 2030, with current figures at 22% for line managers and 25% overall. The report emphasizes commitments to the UN’s Sustainable Development Goals, particularly in innovation and partnerships.

Positive

• 5G portfolio energy efficiency improved by 10x compared to 4G radios.
• 400,000 students reached through the 'Connect to Learn' initiative.
• Increased share of women in line management to 22%, aiming for 30% by 2030.

Negative

• None.

NORTHAMPTON, MA / ACCESSWIRE / March 9, 2023 / Ericsson

Ericsson's vision to improve lives, redefine business and pioneer a sustainable future is built on the power of limitless connectivity to deliver positive impact. Sustainability is central to our purpose and vision and is embedded across our value chain. Our approach is holistic, covering responsible business, environmental sustainability and digital inclusion.

Download the report

In our Sustainability and Corporate Responsibility report 2022, you'll learn more about our efforts and achievements within:

• Environment
• Social
• Governance

2022 highlights

Our 5G portfolio got 10 times more energy efficient

Our third and fourth generation massive MIMO 5G radios were 10 times more energy efficient compared to 4G radios.

Our Connect to Learn initiative has reached 400,000 students

We have provided access to digital learning and skills development programs in 36 countries since the start of the program.

The share of women line managers increased to 22%

The share of women among all employees is 25% and our 2030 target is to increase it to at least 30% across all levels of the Company.

We continued to strengthen our Ethics and Compliance Program

99% of our people have acknowledged our Code of Business Ethics and 93% participated in anti-corruption training.

Our commitment to Sustainable Development Goals

We have made a long-standing commitment to the UN's Sustainable Development Goals (SDGs), and our core contributions touch SDG 9 - Industry, innovation and infrastructure, and SDG 17 - Partnerships. Do you want to see examples of how we work to ensure that meaningful connectivity is available and accessible by everyone? Have a look at our cases.

Originally published by Ericsson.

View additional multimedia and more ESG storytelling from Ericsson on 3blmedia.com.

Contact Info:
Spokesperson: Ericsson
Website: https://www.3blmedia.com/profiles/ericsson
Email: info@3blmedia.com

SOURCE: Ericsson

View source version on accesswire.com:
https://www.accesswire.com/742968/Pioneering-a-Sustainable-Future-at-Ericsson

FAQ

What are the key achievements in Ericsson's 2022 Sustainability Report?

Key achievements include a 10x increase in 5G energy efficiency, reaching 400,000 students through the 'Connect to Learn' initiative, and increasing female representation in management.

How does Ericsson support the UN Sustainable Development Goals?

Ericsson supports the UN Sustainable Development Goals, focusing on industry, innovation, and partnerships, and aims to ensure meaningful connectivity is accessible to all.

What is Ericsson's target for female representation in management by 2030?

Ericsson aims to increase the share of women in management to at least 30% by 2030.

How many students has Ericsson's Connect to Learn initiative reached?

The Connect to Learn initiative has reached 400,000 students in 36 countries.