CK Hutchison Group Telecom Holdings Limited is a Hong Kong-based company that operates in the Pharmacies & Drug Stores sector. The company is a subsidiary of CK Hutchison Holdings Limited, a conglomerate that operates in various industries such as ports and related services, retail, infrastructure, energy, and telecommunications. CK Hutchison Group Telecom Holdings Limited primarily operates in the telecommunications industry, providing mobile, fixed-line, and broadband services to customers in Hong Kong and other parts of the world.

The company's commitment to sustainability is evident in its efforts to reduce its carbon footprint and transition to renewable energy sources. CK Hutchison Group Telecom Holdings Limited has set a target to achieve net-zero carbon emissions by 2050, in line with the Paris Agreement's goal of limiting global warming to well below 2 degrees Celsius. To achieve this target, the company is focusing on decarbonisation, which involves reducing its greenhouse gas emissions through energy efficiency measures, renewable energy, and other low-carbon technologies.

One of the key initiatives that CK Hutchison Group Telecom Holdings Limited is undertaking to reduce its carbon footprint is the adoption of corporate power purchase agreements (PPAs) for renewable energy. A corporate PPA is a long-term contract between a company and a renewable energy provider, under which the company agrees to purchase a certain amount of renewable energy at a fixed price over a specified period. By entering into a corporate PPA, CK Hutchison Group Telecom Holdings Limited can secure a reliable and cost-effective source of renewable energy, while also reducing its carbon footprint.

In 2019, CK Hutchison Group Telecom Holdings Limited signed a 10-year corporate PPA with a wind farm in Northern Ireland, which will supply the company with 25% of its energy needs in Hong Kong. The wind farm will generate approximately 200 GWh of renewable energy per year, which is equivalent to the energy consumption of 50,000 households in Hong Kong. The use of renewable energy from the wind farm will reduce CK Hutchison Group Telecom Holdings Limited's carbon footprint by approximately 66,000 tonnes of CO2 per year, which is equivalent to taking 14,000 cars off the road.

In addition to corporate PPAs, CK Hutchison Group Telecom Holdings Limited is also investing in its own renewable energy projects. The company has installed solar panels on the rooftops of its offices and data centres in Hong Kong, which generate approximately 1.5 GWh of renewable energy per year. The use of solar energy from these panels will reduce the company's carbon footprint by approximately 1,000 tonnes of CO2 per year.

CK Hutchison Group Telecom Holdings Limited is also implementing energy efficiency measures to reduce its energy consumption and carbon footprint. The company has implemented a range of measures, such as upgrading its lighting systems, installing energy-efficient air conditioning systems, and using energy-efficient IT equipment. These measures have resulted in a significant reduction in the company's energy consumption and carbon footprint.

In conclusion, CK Hutchison Group Telecom Holdings Limited is a Hong Kong-based company that operates in the Pharmacies & Drug Stores sector. The company is committed to sustainability and is taking proactive steps to reduce its carbon footprint and transition to renewable energy sources. The company's focus on decarbonisation, corporate PPAs, and renewable energy projects, as well as its implementation of energy efficiency measures, demonstrates its commitment to achieving its net-zero carbon emissions target by 2050. CK Hutchison Group Telecom Holdings Limited is a leader in sustainability in the telecommunications industry and serves as a model for other companies to follow.