Page 51 - SAMENA Trends - March-April 2023

REGIONAL & MEMBERS UPDATES SAMENA TRENDS

Zain KSA and Nokia Sign MoU to Accelerate

Sustainability Efforts

Zain KSA, has signed a Memorandum of
Understanding (MoU) with Nokia, a B2B
technology innovation leader, to maximize
efficiency and accelerate its sustainability
efforts, in line with Saudi Vision 2030 and
Saudi Green and Middle East Green
Initiatives. The MoU was signed during
Mobile World Congress (MWC23) in
Barcelona. As part of the MoU, Zain KSA
and Nokia will collaborate on innovative
solutions to address environmental as well
as societal issues. The companies will
evolve Nokia Self-Organizing Network
(SON) use cases to boost energy savings.
Through this collaboration, the two parties
will make efforts to continue the
digitalization journey in the Kingdom,
bridging the digital divide and ensuring
inclusive access to opportunities. To
reduce their carbon footprint, Zain KSA and that bring us closer to our net-zero target, in electric vehicles charging station at
Nokia will explore initiatives to modernize line with Saudi Vision 2030.” “We believe Granada Business Center in Riyadh, Zain
the legacy components of the network and that digitalization and connectivity are KSA reinforces its pivotal role as a key
introduce more energy-efficient platforms crucial in resolving environmental, social enabler of world- class sustainable services
within responsible business standards. and economic challenges,” said Eng. across the Kingdom. Nokia’s approach to
They will accelerate digital transformation Mohammed Al-Keridy, Head of Zain KSA sustainability centers around its purpose,
across industries and drive the evolution of Customer Team at Nokia. “This positions creating technology that helps the world
the 5G network and deployment of energy efficiency at the core of our act together. The company focuses on the
sustainable technology across various solutions, as we are committed to helping impact of its technology and digitalization
sectors. Commenting on this milestone, service providers adopt sustainable on the world. Nokia maximizes its positive
Zain KSA Chief Technology Officer, Eng. practices without impacting the quality of impact on society, people and the planet –
Abdulrahman Al-Mufadda said, “At Zain their services. Our partnership with Zain its handprint. But the company also ensures
KSA, we are fully committed to providing KSA will boost our contribution to Saudi it works continually to minimize its potential
meaningful connectivity to empower our Vision 2030 and accelerate the adoption of negative impact – its footprint. This
communities and contribute to the national sustainable practices in the region.” Zain approach is built on a foundation of
sustainability goals. Zain KSA is proud to achieved a carbon disclosure rating of (A-), responsible, ethical business practices.
collaborate with Nokia as part of our a classification for companies by CDP that Nokia is recognized for its transparent ESG
strategic priority to maintain a responsible disclose information on the environmental disclosure, practices and achievements by
supply chain and drive sustainable business impact of their initiatives and operations leading ratings and ranking organizations
practices, especially as we continue to combating climate change, Zain KSA and other international initiatives. Recent
expand our networks across new sectors. continues in adopting sustainable examples include the achievement of A- by
Together we will leverage our expertise to practices, including the recently launched CDP, as well as a rating of AAA (on a scale
exceed customers’ expectations and find a the Um Al Shogog reforestation and of AAA-CCC) in the MSCI ESG Ratings
balance between efficiency and resource rehabilitation campaign, in cooperation assessment in December 2022. In
optimization. To help address with the Environmental Green Horizons September 2022, Nokia was awarded as
environmental issues, we are creating long- Society, to increase biodiversity and the best newcomer by RE100 for its work
term sustainable value and digital solutions conserve natural resources. With its first on renewable energy.

51 MARCH-APRIL 2023