Bader Al Kharafi, Zain Vice Chairman and Group CEO commented, “Zain is taking an affirmative step to align with the UN global ambition to reduce carbon emissions by 50% by 2030, aiming to be carbon neutral by 2050. We recognize that climate change is a material risk that not only impacts humanity today, but also will impact the ability of future generations to thrive.”
“Today’s announcement marks the start of an unprecedented, collaborative action by the mobile industry to tackle the climate emergency, demonstrating how the private sector can show leadership and responsibility in addressing one of the gravest challenges facing our planet,” said Mats Granryd, Director General of the GSMA. “The mobile industry will form the backbone of the future economy and therefore has a unique opportunity to drive change across multiple sectors and in collaboration with our suppliers, investors and customers.”
“We welcome this landmark move by the mobile sector to disclose its climate impacts via CDP, which demonstrates a clear step-up in commitment to providing transparency to its investors and customers as part of an industry-wide approach,” said Paul Simpson, CEO of CDP. “As a result of these disclosures, mobile operators will be able to measure and understand their environmental impact, helping them to build sustainability into the heart of their businesses.”
The new methodology designed specifically for the mobile sector in limiting global warning will provide parameters to accelerate the rate at which mobile operators set their own targets. The timescale at which individual companies reach the target will depend on several factors, including their geographic location and their ability to access renewable energy. It is expected that some companies will meet the net zero target significantly ahead of the 2050 deadline.
Zain along with the mobile industry is also committed to advancing mobile technology innovations in areas such as big data and IoT that can enable energy efficient and environmental solutions across multiple sectors, including transport, manufacturing, agriculture, building, energy.
This agreement between the Zain and other mobile operators with the GSMA forms part of the industry’s journey to support the delivery of the UN’s Sustainable Development Goals (SDGs), specifically SDG #13 on Climate Action, and its mission to intelligently connect everyone and everything to a #BetterFuture.
About the GSMA: The GSMA represents the interests of mobile operators worldwide, uniting more than 750 operators with over 350 companies in the broader mobile ecosystem, including handset and device makers, software companies, equipment providers and internet companies, as well as organisations in adjacent industry sectors..For more information, please visit the GSMA corporate website at www.gsma.com.
About Zain: Zain is a leading telecommunications operator across the Middle East and Africa providing mobile voice and data services to over 49 million active customers as of 30 June, 2019. With a commercial presence in 8 countries, Zain operates in: Kuwait, Bahrain, Iraq, Jordan, Saudi Arabia, Sudan and South Sudan. In Lebanon, the Group manages ‘touch’ on behalf of the government. In Morocco, Zain has a 15.5% stake in ‘INWI’, through a joint venture. Zain is listed on the Kuwait Stock Exchange (stock ticker: ZAIN). We recommend the Investor Community download the “Zain Group Investor Relations” Mobile App. For more information, please email firstname.lastname@example.org or visit: www.zain.com; www.facebook.com/zain; www.twitter.com/zain; www.youtube.com/zain; www.instagram.com/zaingroup ; www.linkedin.com/company/zain
© Press Release 2019