Decarbonization is becoming even more urgent for telecommunications leaders. That was a key takeaway from the recent Digital Transformation World conference, “DTW23 – Ignite ,” held in Copenhagen. The annual event, organized by TM Forum and supported by partners including Bain & Company, highlighted the growing momentum of environmental, social, and governance (ESG) initiatives and the crucial mission of achieving net-zero emissions in telecoms. The ESG and decarbonization imperatives ESG, particularly decarbonization, stands as the linchpin of the industry’s future. About half of telcos expect to achieve net-zero emissions by 2030, according to a Bain and TM Forum survey of industry executives conducted this year (see Figure 1). Notably, 65% of telcos surveyed have developed net-zero blueprints in the last three years, with plans for refreshing them in the near future. Priorities include decarbonizing their own operations, addressing emissions of their suppliers and partners, and embracing circularity in their supply chains. A strategic approach to energy supply and demand complexities is paramount. Telco leaders increasingly recognize that their decarbonization strategy must navigate energy supply and demand intricacies such as energy price volatility, renewable energy maturation, regulatory uncertainty, and technological evolution. Furthermore, a nuanced understanding of circularity in the telecom […]
Catalyzing the Telco Transformation: ESG, Decarbonization, and the Path to Net Zero
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