September 20, 2020

Technology for Good initiatives positively impact 15 million in Latin America and Caribbean

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  • Strengthening responsible business practices throughout company operations
  • Ericsson 5G product portfolio to be ten times more energy efficient than 4G in 5-years’ time
  • Technology for Good initiatives now positively impact 89 million people in the world, 15 million in and the

Ericsson’s (NASDAQ: ERIC) 24th annual Sustainability and Corporate Responsibility report details progress toward connecting business and sustainability. Using Sustainable Development Goals (SDGs) as a framework for the company’s impact on society, the report summarizes Ericsson’s achievements in three areas: responsible business; energy, environment and climate change; and internet for all.

Börje Ekholm, President and , Ericsson, says: “Providing internet access to the world’s population is a great business opportunity and a powerful way to deliver on the SDGs. By connecting our portfolio, our customers and sustainability, we want to build a strong and profitable company now and for the future.”

Energy, environment and climate change

Ericsson’s commitments to deliver superior energy performance include a strong focus on 5G, a goal to dramatically reduce the use of diesel, and a commitment to ensure the Ericsson Radio System platform remains the most power-efficient on the market.

Pure Solar, a project completed with Telenor in Myanmar, involved the deployment of the world’s first 500 watt solar-powered site. Within just one year of operation, the solar-powered site proved to be more economical than the diesel alternative.

The company was recognized by the United Nations Framework on Climate Convention for its work in the Connected Mangroves project on climate resilience in Malaysia.

Over the past five years, we have reduced CO2e emissions per employee by 45% by targeting business travel, product transportation and energy usage in our facilities.

Internet for all

Elaine Weidman-Grunewald, Senior Vice President and Chief Sustainability Officer, says: “When it comes to bringing an additional 4 billion people online, we know that mobile broadband will be instrumental. The fastest and most effective way to do this is by enabling cost-efficient upgrades from 2G to 3G and to 4G, and we are focused on delivering solutions to our customers that address the affordability and accessibility barriers.”

In 2016, Ericsson launched a new suite of mobile broadband solutions for which total cost of ownership has been reduced by up to 40%. This makes investments in mobile broadband viable in markets where average revenue per user is low, helping to grow the reach of 3G and 4G and making the internet available to more people.

Ericsson’s Technology for Good initiatives now positively impact 89 million people in the world, 15 million in Latin America and the Caribbean. The Connect To Learn global education initiative has been launched in 23 countries and benefits more than 80,000 students.

In October 2016, in the aftermath of Hurricane Matthew in Haiti, Ericsson Response employee volunteers responded on behalf of our partner, the World Food Programme. Volunteers deployed and ran emergency telecoms equipment and provided technical expertise, establishing 16 sites to support humanitarian relief organizations.

Responsible business

Ericsson recognizes that conducting business responsibly is fundamental to our company values and we focus on continuously strengthening our programs and processes each year.

In 2016, we made our first statement on Modern Slavery and Human Trafficking for the Ericsson Group. The Company has a zero-tolerance approach to corruption, and significantly strengthened its anti-corruption program during 2016.

As part of the Sales Compliance process, more than 600 cases were reviewed. For the third year in a row, Ericsson reported according to the United Nations Guiding Principles on Business and Human Rights reporting framework – and remains the only ICT company to do so. Together with World Childhood Foundation, we launched a mobile learning app for parents, teachers and caretakers to prevent and detect child sexual abuse.

Börje Ekholm, President and CEO, Ericsson, says: “Providing internet access to the world’s population is a great business opportunity and a powerful way to deliver on the SDGs. By connecting our portfolio, our customers and sustainability, we want to build a strong and profitable company now and for the future.”

Ericsson is a world leader in communications technology and services with headquarters in Stockholm, Sweden. Our organization consists of more than 111,000 experts who have provided customers in 180 countries with innovative solutions and services. Together we are building a more connected future where anyone and any industry is empowered to reach their full potential. Net sales in 2016 were SEK 222.6 billion (USD 24.5 billion). Ericsson is listed on NASDAQ OMX stock exchange in Stockholm and the NASDAQ in New York. Read more on www.ericsson.com.

Ericsson has been present in Latin America since 1896, when the company established an agreement in Colombia and delivered equipment for the first time in the region. In the early 1900s, Ericsson increased its presence in Latin America by signing commercial deals in Argentina, Brazil and . Today, Ericsson is present in 56 countries within South America, Central America, and the Caribbean, which combined count the region as one of the few with complete Ericsson installations, including a Production Unit, R&D Center and Training Center. Ericsson is the market leading telecom supplier, with over 40% market share in Latin America and more than 100 telecom service contracts in the region.

 

 

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