Ribbon Issues 2020 Global Sustainability Report
Introduces four-pillar sustainability strategy and unveils new targets
"I am extremely proud of the team's efforts this year, which has allowed us to embrace a more strategic and ambitious approach towards our ESG goals," said
Following a detailed stakeholder mapping, engagement process and a materiality assessment, Ribbon has refreshed its list of sustainability material topics and developed a sustainability strategy built upon four pillars:
- Business Integrity
- Secure and Inclusive Technology
- Low Carbon Economy
- Future-Fit Workforce
In support of these strategic areas, Ribbon has set three initial targets ("3 by 30") and expects to add additional goals in the coming year in order to support the effective delivery of its sustainability strategy:
- Reduce direct carbon emissions by 30% by 2030 (Scope 1 and 2 CO2e, from a base year of 2018)
- Increase women in management to 30% of all management roles by 2025
- Achieve 30% of our Tier 1 suppliers audited with zero major non-conformances against Ribbon's Supplier Audit Protocol
"Business integrity through our entire value chain, responsiveness to customer needs in an ever-changing world, respecting planetary boundaries and inspiring and empowering people are all important components of our approach to sustainability. We are taking deliberate action to further incorporate these elements in our company strategy and providing additional details on our programs, so that all stakeholders can make informed decisions," added
Written in accordance with the
About Ribbon
Important Information Regarding Forward-Looking Statements
The information in this release contains forward-looking statements regarding future events that involve risks and uncertainties. All statements other than statements of historical facts contained in this release, including those regarding the expected benefits from use of Ribbon Communication's products, are forward-looking statements. The actual results of
Investor Relations |
APAC, |
|
|
+1 (978) 614-8050 |
+1 (646) 741-1974 |
|
Analyst Relations |
|
|
+1 (214) 695-2224 |
+1 (708) 212-6922 |
View original content to download multimedia:https://www.prnewswire.com/news-releases/ribbon-issues-2020-global-sustainability-report-301407041.html
SOURCE