CORPORATE NEWS

Region gets new Sustainability Initiative

GCC ESG Telecommunications

With the common goal of pushing sustainability to the forefront and a special focus on climate action, the GCC ESG Telecommunications Alliance is designed as a powerful catalyst for sustainable development, raising awareness about sustainability issues crucial to the telecommunications sector.

Ooredoo Group along with GCC telcos, have taken a significant stride towards advancing sustainability in the region. Marking the conclusion of its first year, the GCC ESG Telecommunications Alliance Memorandum of Understanding (MoU) has set in motion a knowledge exchange and transformative journey to drive sustainability across GCC telcos.

The pivotal MoU was signed by seven telecommunications companies from the Gulf region during Mobile World Congress 2022, demonstrating a united regional front to reduce carbon footprints across operations and all the interconnected activities involved in the production and distribution of telco services. This includes minimising emissions throughout the entire value chain, from the creation of services to their use by customers.

Elaborating on the alliance Aziz Aluthman Fakhroo, MD and Group CEO, Ooredoo, said, “At Ooredoo, we are committed to the UN SDGs and to the highest standards of environmental protection. Our digital products aim to assist customers in reducing their impact on the environment while still being able to receive the services that matter most to them. We promise to deliver not only on our customers’ aspirations, but also work towards building a sustainable legacy.”

Abdulla Ahmad Al Zaman, Group CFO, Ooredoo, said, “ESG and sustainability have always been a core part of Ooredoo’s DNA and corporate culture. In line with the Qatar National Vision 2030, we have worked closely with our partners to ensure a diversified, sustainable legacy for generations to come. Our mission is to enrich the digital lives of the communities we serve, leading by example in promoting diversity, equality, and inclusion. The collaborative effort by GCC telcos represents a significant stride towards positioning the region to address any forthcoming sustainability challenges and regulatory requirements.” 

Under the two-year MoU, the signatories are committed to collaborating in key areas, including advancing sustainability by forging partnerships that contribute positively to environmental, social, and economic values. These efforts aim to mitigate any negative impacts on local communities where the telcos operate.

This collaborative journey of GCC telcos towards sustainability and climate action promises to reshape the region’s telecommunications landscape, embracing innovative solutions and knowledge exchange for a brighter, greener future. As the partnership moves through the remainder of 2023 and beyond, the focus will shift towards the development of collaborative projects that directly tackle the key areas highlighted in the MoU.

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