The Un-carrier becomes the first in U.S.
wireless to set target to achieve net-zero emissions across its
entire carbon footprint by 2040; also signs onto The Climate Pledge
to reinforce commitment
Today T-Mobile (NASDAQ: TMUS) announced the company's latest
step forward in its sustainability efforts, including an
industry-leading commitment to achieve net-zero emissions across
its entire carbon footprint by 2040. To bolster this new goal,
T-Mobile also signed onto The Climate Pledge, a cross-sector
community of companies and organizations working together to solve
the challenges of cutting global carbon emissions for a sustainable
future.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20230129005063/en/
The Un‑carrier becomes the first in U.S.
wireless to set target to achieve net‑zero emissions across its
entire carbon footprint by 2040; also signs onto The Climate Pledge
to reinforce commitment (Graphic: Business Wire)
“As we know sustainability is important to our customers and
stakeholders, T-Mobile has made great progress in reducing our
environmental footprint – and now we're taking even bigger steps to
reduce our carbon emissions with a commitment to meeting SBTi’s
Net-Zero Standard,” said Mike Sievert, T-Mobile CEO. “We are proud
that we are doing our part to create a sustainable future for all –
including becoming the first in U.S. wireless to set this bold
target. And we hope companies like ours — and the partners and
suppliers we work alongside — will join us in setting their own
aggressive longer-term goals like these.”
With the company’s new commitment, T-Mobile becomes the first in
U.S. wireless to set a net-zero goal for all three emissions scopes
that has been validated by the Science Based Targets Initiative
(SBTi) using their Net-Zero Standard – the world’s first framework
for company targets that aligns with the latest climate science.
This goal covers emission scopes 1 and 2, inclusive of direct
emissions from T-Mobile’s operations and facilities, as well as
indirect emissions from purchased electricity.
The Un-carrier’s new goal also covers all remaining indirect
scope 3 emissions (the company’s entire footprint!) — including
those produced by suppliers, customer device usage, materials and
fuel required to ship products, employee travel, and more—which
represents roughly two thirds of the company’s carbon
footprint.
“While T-Mobile's net-zero goal is a decades-long endeavor, we
know how important it is to take definitive actions now to reduce
our environmental impact for future generations,” said Janice
Kapner, chief communications and corporate responsibility officer
at T-Mobile. “We’re committed to measurable progress and holding
ourselves accountable with strong governance practices, consistent
and transparent reporting, and ongoing collaboration with leading
sustainability experts.”
The Climate Pledge, co-founded by Amazon and Global Optimism in
2019, is a collective commitment to achieve net-zero 10 years ahead
of The Paris Agreement. T-Mobile joins nearly 400 organizations
that have signed the Pledge, all of which agree to:
- Measure and report greenhouse gas emissions on a regular
basis;
- Implement decarbonization strategies in line with the Paris
Agreement through real business changes and innovations, including
efficiency improvements, renewable energy, materials reductions,
and other carbon emission elimination strategies;
- Neutralize any remaining emissions with additional,
quantifiable, real, permanent, and socially beneficial offsets to
achieve net zero annual carbon emissions by 2040.
“We’re excited that T-Mobile is signing The Climate Pledge and
committing to reach the Paris Agreement 10 years early,” said Sally
Fouts, Global Lead of The Climate Pledge at Amazon. “T-Mobile has
set and achieved aggressive renewable energy and carbon reduction
goals across its operations, and we’re thrilled to see the
comprehensive and thoughtful pathway they have charted to achieve
net-zero carbon by 2040.”
T-Mobile has a long track record of dedication to building a
more sustainable future. It was previously the first in U.S.
wireless to achieve an ambitious 100% renewable electricity goal,
as well as previous science-based carbon reduction goals. The
Un-carrier earned an A- for its 2022 CDP Climate Change disclosure,
and was recognized in the top 20 of JUST Capital’s 2023 Rankings of
America’s Most Just Companies, including a number one ranking in
the telecom industry for environmental impact.
To learn more about T-Mobile's sustainability efforts, visit
t-mobile.com/sustainability To learn more about the Science Based
Targets initiative, visit sciencebasedtargets.org.
100% Renewable: T-Mobile matches its own annual
electrical usage with renewable energy from a portfolio of sources
including: virtual power purchase agreements, a green direct
tariff, renewable retail agreements, and unbundled REC
purchases.
About T-Mobile
T-Mobile US, Inc. (NASDAQ: TMUS) is America’s supercharged
Un-carrier, delivering an advanced 4G LTE and transformative
nationwide 5G network that will offer reliable connectivity for
all. T-Mobile’s customers benefit from its unmatched combination of
value and quality, unwavering obsession with offering them the best
possible service experience and undisputable drive for disruption
that creates competition and innovation in wireless and beyond.
Based in Bellevue, Wash., T-Mobile provides services through its
subsidiaries and operates its flagship brands, T-Mobile, Metro by
T-Mobile and Sprint. For more information please visit:
http://www.t-mobile.com.
About The Climate Pledge
In 2019, Amazon and Global Optimism co-founded The Climate
Pledge, a commitment to reach the Paris Agreement 10 years early
and be net-zero carbon by 2040. 380 organizations have now signed
The Climate Pledge, sending an important signal that there will be
rapid growth in demand for products and services that help reduce
carbon emissions. For more information visit
www.theclimatepledge.com.
Forward-Looking Statements
This communication includes forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of
1995. All statements other than statements of historical fact,
including information concerning T-Mobile US, Inc.’s future results
of operations, are forward-looking statements. These
forward-looking statements are generally identified by the words
“anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,”
“could” or similar expressions. Forward-looking statements are
based on current expectations and assumptions, which are subject to
risks and uncertainties that may cause actual results to differ
materially from the forward-looking statements, including
unexpected delays, difficulties, and expenses in executing against
our environmental, climate, or other “Environmental, Social, and
Governance (ESG)” targets, goals and commitments outlined in this
document, including, but not limited to, our efforts to reduce our
greenhouse gas emissions, as well as changes in laws or regulations
affecting us, such as changes in cybersecurity, data privacy,
environmental, safety and health laws, and other risks as disclosed
in our most recent annual report on Form 10-K, 10-Q and other
filings with the Securities and Exchange Commission (the “SEC”).
Given these risks and uncertainties, readers are cautioned not to
place undue reliance on such forward-looking statements. T-Mobile
does not undertake, and expressly disclaims any duty, to update any
statements contained herein, whether as a result of new
information, new developments, or otherwise, except to the extent
that disclosure may be required by law. In addition, some of the
statements contained in this document may rely on third-party
information and projections that management believes to be
reputable; however, T-Mobile does not independently verify or audit
this information.
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Media Contacts T-Mobile US Media Relations
MediaRelations@t-mobile.com Investor Relations
investor.relations@t-mobile.com
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