Infinera’s Commitment to Emission Reduction Validated by Science Based Targets initiative
Infinera (NASDAQ: INFN) announced that its greenhouse gas (GHG) emission reduction targets have been validated by the Science Based Targets initiative (SBTi). This validation reinforces Infinera's commitment to sustainability in the telecommunications industry through energy-efficient optical networking solutions and ESG initiatives.
SBTi has classified Infinera's Scope 1 and Scope 2 target ambitions as aligned with keeping global warming to 1.5°C in accordance with the Paris Agreement. Infinera's validated targets include:
- Reducing absolute Scope 1 and Scope 2 GHG emissions by 85% by 2030 from a 2020 base year
- Reducing absolute Scope 3 GHG emissions by 25% within the same timeframe
Infinera has already reduced Scope 1 and 2 GHG emissions by 75% since 2020 and is using renewable energy in over 80% of its Tier 1 and Tier 2 sites.
Infinera (NASDAQ: INFN) ha annunciato che i suoi obiettivi di riduzione delle emissioni di gas serra (GHG) sono stati convalidati dall'Science Based Targets initiative (SBTi). Questa convalida rafforza l'impegno di Infinera per la sostenibilità nel settore delle telecomunicazioni attraverso soluzioni di networking ottico ad alta efficienza energetica e iniziative ESG.
Il SBTi ha classificato le ambizioni di Infinera per gli obiettivi di Scope 1 e Scope 2 come allineate per mantenere il riscaldamento globale sotto 1.5°C, in conformità con l'Accordo di Parigi. Gli obiettivi convalidati di Infinera includono:
- Ridurre le emissioni assolute di GHG Scope 1 e Scope 2 del 85% entro il 2030 rispetto all'anno base 2020
- Ridurre le emissioni assolute di GHG Scope 3 del 25% nello stesso periodo
Infinera ha già ridotto le emissioni di GHG Scope 1 e 2 del 75% dal 2020 ed utilizza energia rinnovabile in oltre l'80% dei suoi siti di livello 1 e 2.
Infinera (NASDAQ: INFN) anunció que sus objetivos de reducción de emisiones de gases de efecto invernadero (GHG) han sido validados por la Science Based Targets initiative (SBTi). Esta validación refuerza el compromiso de Infinera con la sostenibilidad en la industria de las telecomunicaciones a través de soluciones de redes ópticas eficientes en energía e iniciativas ESG.
El SBTi ha clasificado las ambiciones de objetivos de Scope 1 y Scope 2 de Infinera como alineadas con mantener el calentamiento global por debajo de 1.5°C de acuerdo con el Acuerdo de París. Los objetivos validados de Infinera incluyen:
- Reducir las emisiones absolutas de GHG Scope 1 y Scope 2 en un 85% para 2030 desde un año base de 2020
- Reducir las emisiones absolutas de GHG Scope 3 en un 25% en el mismo plazo
Infinera ya ha reducido las emisiones de GHG Scope 1 y 2 en un 75% desde 2020 y utiliza energía renovable en más del 80% de sus sitios de Nivel 1 y 2.
인피네라 (NASDAQ: INFN)는 온실가스(GHG) 배출 감축 목표가 과학 기반 목표 이니셔티브(SBTi)에 의해 검증되었다고 발표했습니다. 이번 검증은 에너지 효율적인 광 네트워킹 솔루션과 ESG 이니셔티브를 통해 통신 산업에서 지속 가능성에 대한 인피네라의 약속을 강화합니다.
SBTi는 인피네라의 범위 1 및 범위 2 목표가 파리 협정에 따라 지구온도 상승을 1.5°C 이하로 유지하는 것과 일치한다고 분류했습니다. 인피네라의 검증된 목표는 다음과 같습니다:
- 2020년 기준으로 2030년까지 절대적인 범위 1 및 범위 2 GHG 배출량을 85% 감소
- 같은 기간 내에 절대적인 범위 3 GHG 배출량을 25% 감소
인피네라는 이미 2020년 이후 범위 1 및 2 GHG 배출량을 75% 줄였으며, Tier 1 및 Tier 2 사이트의 80% 이상에서 재생 에너지를 사용하고 있습니다.
Infinera (NASDAQ: INFN) a annoncé que ses objectifs de réduction des émissions de gaz à effet de serre (GES) ont été validés par l'initiative Science Based Targets (SBTi). Cette validation renforce l'engagement d'Infinera en faveur de la durabilité dans le secteur des télécommunications grâce à des solutions de réseau optique énergétiquement efficaces et des initiatives ESG.
Le SBTi a classé les ambitions d'Infinera pour les objectifs de Scope 1 et Scope 2 comme étant alignées sur la limitation du réchauffement climatique à 1,5°C conformément à l'Accord de Paris. Les objectifs validés d'Infinera incluent :
- Réduction des émissions absolues de GES Scope 1 et Scope 2 de 85% d'ici 2030 par rapport à l'année de base 2020
- Réduction des émissions absolues de GES Scope 3 de 25% dans le même délai
Infinera a déjà réduit les émissions de GES Scope 1 et 2 de 75% depuis 2020 et utilise des énergies renouvelables dans plus de 80% de ses sites de niveau 1 et 2.
Infinera (NASDAQ: INFN) gab bekannt, dass die Ziele zur Reduzierung der Treibhausgasemissionen (GHG) durch die Science Based Targets initiative (SBTi) validiert wurden. Diese Validierung verstärkt Infinera's Engagement für Nachhaltigkeit in der Telekommunikationsbranche durch energieeffiziente optische Netzwerk-Lösungen und ESG-Initiativen.
Das SBTi hat die Zielambitionen von Infinera für Scope 1 und Scope 2 als mit der globalen Erwärmung von 1,5°C im Einklang stehend eingestuft, gemäß dem Pariser Abkommen. Die validierten Ziele von Infinera umfassen:
- Reduzierung der absoluten GHG-Emissionen der Bereiche 1 und 2 um 85% bis 2030 im Vergleich zum Basisjahr 2020
- Reduzierung der absoluten GHG-Emissionen der Kategorie 3 um 25% im gleichen Zeitraum
Infinera hat bereits die GHG-Emissionen der Bereiche 1 und 2 seit 2020 um 75% gesenkt und nutzt in über 80% seiner Tier 1 und Tier 2 Standorte erneuerbare Energien.
- SBTi validation of Infinera's GHG emission reduction targets
- Commitment to reduce Scope 1 and 2 GHG emissions by 85% by 2030
- Commitment to reduce Scope 3 GHG emissions by 25% by 2030
- 75% reduction in Scope 1 and 2 GHG emissions since 2020
- Renewable energy use in over 80% of Tier 1 and Tier 2 sites
- None.
SAN JOSE, Calif., Sept. 30, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that its greenhouse gas (GHG) emission reduction targets have been validated by the Science Based Targets initiative (SBTi). This third-party validation reinforces Infinera’s commitment to promoting sustainability in the telecommunications industry through energy-efficient optical networking solution design and environmental, social, and governance (ESG) initiatives. SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.
SBTi’s Target Validation Team has classified Infinera’s Scope 1 and Scope 2 target ambitions as in line with keeping global warming to 1.5°C in accordance with the Paris Agreement. SBTi validates that Infinera’s 1.5°C-aligned target is currently the most ambitious designation available through SBTi’s evaluation process. Infinera’s targets as verified by SBTi include:
- A commitment to reduce absolute Scope 1 and Scope 2 GHG emissions by 85 percent by 2030 from a 2020 base year.
- A commitment to reduce absolute Scope 3 GHG emissions by 25 percent within the same timeframe.
Infinera is making significant progress in minimizing its carbon footprint, having reduced Scope 1 and 2 GHG emissions by 75 percent since 2020. The company also confirmed it is using renewable energy in over 80 percent of its Tier 1 and Tier 2 sites.
“SBTi’s validation marks another milestone in Infinera’s long-held sustainability journey, reflecting our ongoing dedication to developing optical networking solutions that offer our customers the lowest power consumption per bit to reduce the environmental impact of telecommunications networks,” said David Heard, CEO at Infinera. “We greatly appreciate our partnership with SBTi to set effective targets that prioritize our planet’s long-term sustainability while enabling a connected future.”
SBTi is a partnership between CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the Worldwide Fund for Nature (WWF). Visit this link for more information on SBTi and participating companies.
Contacts:
Infinera Media:
Anna Vue
Tel. +1 (916) 595-8157
avue@infinera.com
Infinera Investors:
Amitabh Passi, Head of Investor Relations
Tel. +1 (669) 295-1489
apassi@infinera.com
About Infinera
Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on Twitter and LinkedIn, and subscribe for updates.
Infinera and the Infinera logo are registered trademarks of Infinera Corporation.
This press release contains forward-looking statements, including but not limited to the Company’s commitments to reduce absolute Scope 1, Scope 2 and Scope 3 GHG emissions by specified percentages during specified timeframes, the Company’s ability to meet such targets, and the environmental benefits of the Company’s optical networking solutions. These statements are not guarantees of results and should not be considered as an indication of future activity or future performance. Actual results may vary materially from these expectations as a result of various risks and uncertainties. Information about these risks and uncertainties, and other risks and uncertainties that affect Infinera’s business, is contained in the risk factors section and other sections of Infinera’s Quarterly Report on Form 10-Q for the Fiscal Quarter ended June 29, 2024 as filed with the SEC on August 2, 2024, as well as any subsequent reports filed with or furnished to the SEC. These reports are available on Infinera’s website at www.infinera.com and the SEC’s website at www.sec.gov. Forward-looking statements include statements regarding our expectations, beliefs, intentions, or strategies and can be identified by words such as “anticipate,” “believe,” “could,” “estimate,” “expect,” “intend,” “may,” “should,” “will,” and “would” or similar words. Infinera assumes no obligation to, and does not currently intend to, update any such forward-looking statements.
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