#China #Shenzhen #climate action #ZTE Corporation #CDP A List

ZTE Corporation Achieves CDP A List Recognition

ZTE Corporation, a prominent global provider of integrated information and communication technology solutions, has once again made waves in the environmental sector by achieving the esteemed CDP A score for its exemplary climate action efforts in 2024. Having received recognition across various categories—including Scope 1, 2, and 3 emissions, emissions reduction initiatives, low-carbon products, and environmental policies—this accolade is a testament to ZTE's steadfast dedication to eco-sustainability and transparency.

The CDP, known for being a leading global non-profit entity, operates the world’s most extensive environmental disclosure system for businesses, cities, states, and regions. This year, more than 24,800 companies reported their environmental impact through CDP, reflecting a significant portion of global market capitalization. Companies recognized on the prestigious climate A List showcase their proactive strategies and bold steps toward mitigating climate change.

ZTE’s Sustainable Practices

As a frontrunner in the digital economy, ZTE utilizes innovative technologies including 5G, big data, cloud computing, and artificial intelligence to not only support its business objectives but also play a crucial role in transitioning the global economy toward decarbonization. The company's commitment to green operations is evident in its development of eco-friendly workspaces. ZTE's smart campuses embody low-carbon practices by implementing energy-saving and emission-reduction initiatives.

In 2024 alone, ZTE managed to save 45 million kWh of electricity, translating to a substantial 13.4% year-over-year reduction in its Scope 1 and 2 carbon emissions. Additionally, the company's photovoltaic systems generated a remarkable 30 million kWh per year. The self-developed "Carbon Visibility App" enables comprehensive emissions tracking, covering 83% of major carbon sources.

Green Supply Chain Initiatives

ZTE employs a SMART Model for its green supply chain, offering thorough carbon reduction guidance across five dimensions: Strategy, Management, Accounting, Reduction, and Transmission. In an impressive collaboration in 2024, ZTE assisted over 100 suppliers in conducting organizational-level carbon audits while helping 10 suppliers set actionable carbon reduction goals.

Furthermore, ZTE has made significant partnerships with over 160 environmental service providers worldwide to cultivate a global recycling network, demonstrating a robust commitment to sustainability throughout its supply chain.

Advancements in Green Digital Infrastructure

The company’s end-to-end green solutions have been instrumental across more than 30 networks globally, influencing 1.5 million sites and 250,000 data center cabinets, leading to over 10 billion kWh in electricity savings for global operators. ZTE saw an 8.39% reduction in physical intensity during the use and maintenance phases of its system products and a 5.02% decrease in absolute emissions for its terminal products last year—highlighting its comprehensive approach to emission management across product lifecycles.

Empowering Green Initiatives

Leveraging its innovative "Digital Nebula" architecture, ZTE collaborates with over 2,000 partners to drive a sustainable transition across key industries. This initiative encompasses 15 vital sectors including steel and transportation, facilitating the development of over 100 innovative applications that enhance digital transformation and energy efficiency.

ZTE’s unwavering resolve in green development is amplified by its successful alignment with the Science Based Targets initiative (SBTi) for net-zero criteria, thereby becoming the first major ICT tech company in China to receive such dual recognition. This achievement accompanies its inclusion in the EcoVadis Gold Medal list for sustainability excellence, showcasing ZTE's remarkable standing in the realm of corporate responsibility.

Additionally, the company has attained a place in the FTSE4Good Index Series for the ninth consecutive year and continues to maintain its status in the Hang Seng Corporate Sustainability Index for the 13th year. Noteworthy accolades at the 6th BDO ESG Awards in 2024 for Outstanding ESG Performance confirm ZTE’s continued excellence in sustainability initiatives.

Looking Forward

With an eye on the future, ZTE is poised to escalate its green measures, cooperating with global partners to forge a sustainable and low-carbon industrial ecosystem. Committed to steering digital innovation towards a sustainable future, ZTE is positioning itself as a leader in climate change mitigation and green technology implementation.