In 2018, we devised a new Group-wide climate goal for the period beyond 2020, our current target year. This was adopted by our Board of Management at the beginning of 2019.
The goal was developed on the basis of the “Science Based Targets Initiative” (SBTi), which officially confirmed in May 2019 that we are the third DAX-listed company to contribute toward implementing the Paris Climate Agreement through our climate protection targets. We have thus followed our national companies in the United States and Hungary, whose targets were already endorsed by SBTi in 2018 and at the start of 2019, respectively.
The main difference between the new climate goal and the previous one is that the former takes into account emissions produced by T-Mobile US and arising from the upstream and downstream elements of the value-added chain (Scope 3 emissions ).
In September 2019 we also joined an international industry initiative. Under this initiative we undertake to reduce our CO2 emissions (Scope 1 and 2) to “net zero” by 2050 at the latest and thus to make our business operations completely climate neutral.