Environment
Reducing our impact on the environment
Our targets
In addition to reducing our own environmental footprint, we also engage with employees, customers, and suppliers to be more environmentally conscious. To allocate its resources efficiently, CETIN Group has prioritized energy efficiency and climate change, waste management, and the circular economy as focus areas for its environmental strategy. We plan to formalize Group-wide strategy in one overarching policy, articulating our commitments and environmental goals, to allow for effective implementation. For this report, we have collected relevant environmental data from across the Group.
Set SBTi target by 2024
We will actively support our holding company PPF TG set a SBTi target within the next 8 months for both Scope 1 + 2 and Scope 3 emissions. Our support will ensure once SBTi targets are set, they will be met.
Ambition to reduce emissions by 40 % in Scopes 1 and 2 by 2030
We will prepare a comprehensive program to enable us to reduce greenhouse gases emissions with primary focus on increasing purchases of clean and low emission-intensive energies. We will also invest in energy efficiency equipment such as technology modernization, power supply, and cooling.
Progressively reduce electricity consumption reaching 30 GWh savings annually by 2025
We will also invest in energy efficiency solutions and equipment such as technology modernization, power supply, and cooling, allowing us to save substantial amount of electricity consumption.
Reuse, resell or recycle 100% of decommissioned network equipment by 2025
We will ensure that all our decommissioned network equipment and other network waste will either be reused, resold, or recycled to ensure no such waste ends in landfill or in incineration.
Progress highlights
Set SBTi target by 2024
Our holding company PPF Telecom Group has publicly committed to set near-term company-wide emission reductions in line with climate science with the Science Based Targets initiative (SBTi) and we are taking a key role in this commitment. We have evaluated feasibility of meeting SBTi targets, including steps necessary for validation of these targets by SBTi once they are submitted.
Ambition to reduce emissions by 40% in Scopes 1 and 2 by 2030
The Group purchases renewable energy certificates covering 100% of electricity powering the network in Serbia. CETIN Bulgaria concluded a 10-year power purchase agreement (PPA) with Electrohold, Bulgaria´s leading renewable energy trader - delivering already 21 GWh of renewable electricity in 2023 allowing CETIN Bulgaria to source more than 80% of electricity from renewable resources from September 2023.
Progressively reduce electricity consumption reaching 30 GWh savings annually by 2025
We are running a robust energy efficiency program that is, as of 31.12.2023, already delivering approximately 17,4 GWh annual saving in electricity consumption. These savings are reached through initiatives such as smart cooling, power saving features implemented in our RAN networks and replacement of technology for more energy efficient.
Reuse, resell or recycle 100% of decommissioned network equipment by 2025
We have updated guidance on treatment of decommissioned network in Serbia assuring that we always seek the reuse of equipment we have dismantled. Only if we cannot find secondary purpose of use, we allow to opt for resell or, as the last instance, recycling. In parallel, we are working on analogical guidance in other countries where we operate.
