Ericsson is recognized as a leader in weather forecasting and reporting

Ericsson’s global leadership in climate action and reporting has been recognized by the independent non-profit organization CDP (formerly known as the Carbon Disclosure Project) by being included on its annual ‘A List’, the highest level possible .

The CDP’s annual climate rating and disclosure process is widely considered the gold standard for corporate reporting. Based on data reported by CDP’s 2022 Climate Change Questionnaire, Ericsson is one of more than 280 companies to have earned an ‘A’ out of more than 20,000 companies.

“At Ericsson, we take our role in climate action seriously, and you can’t manage what you don’t measure,” Heather Johnson, Head of Sustainability and Corporate Responsibility, Ericsson, says. “That’s why it means so much to colleagues across the company to see our commitment to climate action recognized on the CDP A List this year. This recognition is a testament to our continuous progression toward ambitious and science-based climate targets.”

The CDP uses a detailed, independent approach to assess companies with points based on detailed disclosure, awareness, and management of climate risks and opportunities, as well as demonstration of best practices associated with climate leadership, such as setting ambitious and meaningful goals.

Johnson adds: “Today more than ever, companies have a crucial role to play in limiting climate change to 1.5°C. That’s why Ericsson will continue to join forces with our customers, suppliers, and the entire ICT ecosystem to manage our climate impacts and develop sustainable solutions that can help take effective climate action.”

Maxfield Weiss, Executive Director, CDP Europe says: “CDP saw nearly 20,000 companies disclose environmental data this year. The CDP A List companies are showing they are ahead of the game – taking clear action to reduce emissions and to address environmental impacts throughout their value chains. This is the type of environmental transparency and action we need economy-wide to prevent ecological collapse.’’

ABOUT ERICSSON:

Ericsson enables telecommunication service providers and enterprises to capture the full value of communications. The company’s portfolio includes the following business areas: Networks, Software and Cloud Services, Enterprise Wireless Solutions, Global Communications Platform, and Technology and Innovation. It is designed to help our clients go digital, increase efficiencies and find new sources of revenue. Ericsson’s new investment has brought the benefits of mobility and mobile broadband to millions of people around the world. Ericsson shares are listed on Nasdaq Stockholm and Nasdaq New York.