“No longer is climate change a remote issue that is a problem for future generations to tackle; instead it is one of the issues that will most likely define the next century. It is one of the biggest risks to growth in developing countries and will impact our families’ health and livelihoods, with access to food and habitable locations expected to change dramatically over the coming years.” this is the expression of Joakim Reiter, Vodafone Group Director of External Affairs.
In his declaration about Vodafone’s renewable vision, Reiter remarks insufficient actions and potentially catastrophic consequences that are waiting for us and he urgently calls business community to play vital role in delivering material impact and lead the way in a much-needed move to lower-carbon energy sources.
Vodafone is one of the global companies which is very ambitious on energy efficiency; now the company has two major target on this area. Now the company strengthening its stance by launching two new targets for 2025 – commitments to reduce its greenhouse gas emissions by 40% and to purchase 100% of its electricity from renewable sources.
It is estimated that, by 2030, telecommunications and IT will account for around 2% of total global greenhouse gas emissions, equivalent to the greenhouse gas emissions of the aviation industry. In the face of increasing energy demand of IT industry, Vodafone further affirming its commitment to become “100% renewable”, it has also joined RE100, which unites more than 100 influential businesses committed to 100% renewable electricity, who are working to significantly increase the demand for, and delivery of, renewable energy.
The company will look to sign PPAs with developers and suppliers of renewable energy assets and will purchase renewable electricity backed by renewable energy certificates (RECs). RECs enable companies to match their use of conventional power with an equivalent amount of renewable energy generated. Currently Vodafone is also looking to further develop iys on-site renewable sources, primarily by installing solar power-based systems across base station sites and technology centres, where technically and economically feasible.