Business
Carbon Reduction Roadmap
Carbon Reduction Roadmap.
About this update from Helios Towers Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 5230T\n Helios Towers PLC\n 25 November 2021\n \n \n \n \n Helios Towers plc\n \n \n (\"Helios Towers\", \"the Group\" or \"the Company\")\n \n \n \n \n \n Carbon Reduction Roadmap\n \n \n Target to reduce carbon intensity per tenant by 46% by 2030\n \n \n Ambition to achieve net zero carbon emissions by 2040\n \n \n Company will invest a total of US$100m between 2022 and 2030 to further utilise renewable energy solutions\n \n \n \n \n \n \n London, 25 November 2021\n \n - Helios Towers, the independent telecommunications infrastructure company, today announces that it has set a target to reduce its carbon intensity per tenant by 46% by 2030. The target covers Scope 1 and 2 emissions against a 2020 baseline and covers the five markets where the Company was operational in 2020. This 2030 target translates into maintaining absolute emissions at 2020 levels despite significant growth anticipated to support mobile operators' improved telecommunications coverage over the coming years. As Helios Towers expands into new markets and collects operational data for a full year, the Company will review the baseline for the target.\n \n \n \n \n \n The Company's target for 2030 combines both actionable investments and innovation against the backdrop of complex challenges to significantly enhance mobile infrastructure in markets in Sub-Saharan Africa where unique mobile subscriber penetration is still below 50%1 and also where access to electricity is limited, unreliable and in some areas non-existent. The Company is pledging to invest a total of US$100 million between 2022 and 2030 to reduce its reliance on generators and use more efficient, greener solutions.\n \n \n \n \n \n Helios Towers' long-term ambition is to become a net zero carbon emissions business by 2040.\n \n \n \n \n \n Kash Pandya, Chief Executive Officer, stated:\n \n \n \n \n \n \"Reducing our carbon footprint is a challenge we take incredibly seriously. Over the past five years, we have built a strong team focused on delivering reliable mobile infrastructure across our markets while reducing our dependency on generators. This has been achieved by becoming more efficient, connecting sites to the grid, and using renewable solutions, for example hybrid battery and solar installations. Now, we are taking this w...