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Fastweb is Europe’s Climate Leader once more for 2024

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Fastweb is Europe’s Climate Leader once more for 2024

The firm ranks among the many prime twenty Italian corporations within the rating drawn up yearly by the Financial Times

The rating of the 2024 version rewards specifically the perfect European corporations which have most diminished the depth of their greenhouse gasoline emissions inside Scope 1 (direct emissions) and Scope 2 (emissions deriving from the usage of bought electrical energy ) of the Greenhouse Gas Protocol (GHG) over a five-year interval, from 2017 to 2022.

Other elements are additionally taken into consideration, akin to corporations’ transparency on Scope 3 emissions, and their collaboration with sustainability assessors, akin to CDP and the Science Based Targets initiative (SBTi).

Fastweb ranks 18th among the many forty-nine Italian corporations within the rating, a end result which additional consolidates the technique in favor of sustainability and for a extra eco-sustainable future carried out by the corporate which for years has been dedicated to decreasing its impression on the atmosphere via the power effectivity of its networks, the providing of sustainable digital options and the discount of its carbon emissions with the goal of changing into Net Zero Carbon by 2035.

In specific, between 2017 and 2022 Fastweb diminished its direct emissions inside Scope 1 by 57.2%, considerably decreasing its impression on the atmosphere. Furthermore, in the identical interval, the corporate additionally diminished the depth of its emissions by 19.2%, an index calculated in tonnes of CO₂ emissions per 1 million euros of turnover, demonstrating the fixed enchancment in effectivity over time power of the corporate within the relationship between emissions and turnover.

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Thanks to the acquisition of 100% of its power from renewable sources since 2015, Fastweb has eradicated its oblique emissions inside Scope 2 for years and by 2030 the corporate is dedicated to decreasing its emissions by 46% in comparison with 2018 oblique linked to Scope 3 and referring to all operations (from the actions of offering providers to clients to their remaining use).

After having obtained scientific approval of its environmental sustainability goals for 2030 by the “Science Based Targets initiative” (SBTI) according to the worldwide temperature improve under 1.5°C, by 2030 Fastweb will cut back its direct and oblique power emissions beneath Scope 1 and Scope 2 by 64% in comparison with 2018 and can proceed to buy 100% of its electrical energy from renewable sources till no less than 2030. Under Scope 3 Instead, Fastweb will cut back its oblique emissions by 46% in comparison with 2018 by 2030.

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