{"id":14658,"date":"2023-12-07T11:00:00","date_gmt":"2023-12-07T11:00:00","guid":{"rendered":"https:\/\/www.esgtoday.com\/?p=14658"},"modified":"2023-12-07T11:00:00","modified_gmt":"2023-12-07T11:00:00","slug":"eunetworks-ceo-delivers-insight-at-cop28-on-the-companys-sustainability-focus","status":"publish","type":"post","link":"https:\/\/www.esgtoday.com\/eunetworks-ceo-delivers-insight-at-cop28-on-the-companys-sustainability-focus\/","title":{"rendered":"euNetworks\u2019 CEO delivers insight at COP28 on the company\u2019s sustainability focus"},"content":{"rendered":"

\nPaula Cogan was interviewed<\/a> at COP28, participating in a series of global business leader sessions<\/p>\n

\neuNetworks has released its latest Sustainability Report<\/a> highlighting twelve months of progress in tackling climate change in the critical world of digital infrastructure \u2013 leading in decarbonisation, focusing on innovation, collaboration and a cultural commitment to lasting change<\/p>\n

LONDON & DUBAI, United Arab Emirates–(BUSINESS WIRE)–euNetworks Group Limited (\u201ceuNetworks\u201d), a Western European bandwidth infrastructure company, was recently featured in an interview series<\/a> with leaders from across industries undertaken during the United Nations Climate Conference (COP28) in Dubai. The series of interviews captures lessons learned, sustainability success stories and key messages for the future from leaders across the energy, technology and telecom, manufacturing and finance industries. euNetworks has also released its latest Sustainability Report<\/a>, detailing the company\u2019s commitment to sustainability and substantial progress over the last year.<\/p>\n

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\neuNetworks builds and invests in city and long haul fibre networks to connect key European data centres and data hubs. The company owns and operates deep fibre networks in 17 cities and also operates a highly differentiated long haul network that spans 66,000 kilometres across 17 countries today. As a specialist in the sector, euNetworks continues to grow and invest in partnership with its customers, investing in new technologies and deepening its unique fibre network in Europe. The company is undertaking this growth with a strong focus on sustainability and has been working hard through 2023 to deliver tangible progress on its long-term sustainability goals.<\/p>\n

\n\u201cThroughout euNetworks\u2019 history, we have remained dedicated to our core values, and our commitment to sustainability has never been stronger,\u201d said Paula Cogan, Chief Executive Officer of euNetworks. \u201cWe understand the impact our operations can have on the environment, and we are committed to reducing our carbon footprint and contributing to global efforts in combatting climate change and transitioning to a low-carbon economy.\u201d<\/p>\n

\nCOP28 has a focus on four paradigm shifts \u2013 fast-tracking the energy transition and slashing emissions before 2030; transforming climate finance by delivering on old promises and setting the framework for a new deal on finance; putting nature, people, lives, and livelihoods at the heart of climate action; and mobilising for the most inclusive COP ever. euNetworks\u2019 efforts align with those shifts.<\/p>\n

\n\u201cOur pledge to be net-zero carbon by 2040 is not just an aspiration but a driving force behind our actions,\u201d said Cogan. \u201cWe have joined the Climate Pledge, demonstrating our unwavering commitment to combat climate change. Setting 1.5\u00b0C-aligned science-based targets across Scopes 1, 2, and 3 is a testament to euNetworks\u2019 ambition to be leaders in environmental responsibility in the digital infrastructure ecosystem. We shifted to renewable energy sources across our business, and we\u2019ve reached our target of 98.8% today. We obtained a Sustainability Linked Loan<\/a> in 2021 that enabled us to embed our commitment to sustainability by including ESG-linked KPIs into our financial framework. We are dedicated to pioneering innovation in carbon measurement tools for service and project-based emissions, empowering our customers to measure and address Scope 3 emissions with precision, and helping suppliers to reduce their carbon footprint. Our award-winning carbon tools are actively used in our operations and by our customers today. We aim to deliver the lowest carbon footprint per bit of data transmitted, which we take seriously and drives our daily efforts.\u201d<\/p>\n

\neuNetworks\u2019 sustainability strategy, outlined in the company\u2019s latest Sustainability Report<\/a>, encompasses long-term objectives, focusing on carbon neutrality, a diverse, equitable, and inclusive workforce, responsible supply chain management, customer-driven innovation, and biodiversity conservation:<\/p>\n