e& (formerly known as Etisalat Group) and Ericsson (NASDAQ: ERIC) have signed a Memorandum of Understanding (MoU) on the sidelines of the 27th Conference of the Parties of the UNFCCC (COP27) in Egypt, to explore initiatives aimed at reducing energy consumption and building more efficient and sustainable future networks.
The three-year partnership aims to support the Net Zero strategy of e& and Ericsson while exploring opportunities to reduce carbon emissions and energy consumption. The companies will also collaborate in hosting a series of knowledge-sharing sessions, covering Ericsson’s global expertise in energy-efficient strategies, such as its 'Breaking the Energy Curve' initiative.
e& will continue to work towards reducing the carbon footprint through the utilisation of Ericsson’s industry-leading and sustainable products and services. Ericsson's global product ‘Take-Back Program’ will explored further for potential collaboration that could support e& drive responsible disposal and recycling of e-waste across the Group's network.
The partnership is part of e&’s ambition to accelerate the transition to Net Zero and underlines the importance of improving network energy performance to meet Net Zero targets.
Sabri Ali Albreiki, Chief Technology Officer, e& international, says: "Through our partnership with Ericsson, we aim to accelerate the decarbonisation of our network infrastructure business by exploring the deployment of their latest generation of energy efficient radio equipment and software features. We will also work together to use the Ericsson Product Take-Back programme to dispose of and recycle obsolete network equipment to high environmental standards. This agreement is part of e&'s broader commitment to reduce waste and achieve a sustainable low-carbon society.”
Ekow Nelson, Vice President and Head of Global Customer Unit for e& at Ericsson Middle East and Africa, says: “Working with e&, we will explore various sustainability initiatives that will help them break the energy curve and develop greener network infrastructure in their countries of operation. Through our Global Product Take-Back and innovatively sustainable 5G solutions such as our intelligent RAN energy-saving software features, we are confident e& will be able to reduce its environmental footprint and manage the expected growth in data traffic using as little energy as possible.”
Cementing e&’s commitment to the environment, society and governance (ESG), the Group has become the first UAE private sector member of the UAE Independent Climate Change Accelerators as part of the group's participation at COP27. Being present among other sustainable-focused thought-leaders further reinforces e&’s strategic position as a driving force that inspires other corporates and organisations to play a significant role in supporting UAE’s net zero commitment by 2050.
Etisalat Group has changed its brand identity to e&, effective on February 2022. Its strategy aims to accelerate growth through the creation of a resilient business model represented by Group’s main business pillars.
The telecoms business currently continues to be led by etisalat by e& in the Group’s home market and e& international markets, upholding the Group’s rich telecoms heritage, bolstering the strong telecoms network and maximising value for the Group’s various customer segments.
Ramping up the digital services for individuals to elevate their digital-driven lifestyle, e& life brings next-generation technologies through smart platforms in entertainment, retail and financial technology. e& enterprise focuses on maximising value through its end-to-end solutions in cybersecurity, cloud, Internet of Things (IoT) and Artificial Intelligence (AI), as well as deploying mega projects, in order to enable the digital transformation of governments, large-scale enterprises and corporates. e& capital allows the Group to focus its efforts on driving new investments while maximising shareholder value and strengthening the Group’s global presence.
Source: Press Release