Telenet Group NV
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Telenet Group NV is a Belgian company that operates in the Cable & Satellite sector. The company provides digital television, internet, and telephony services to customers in Belgium. Telenet Group NV is a subsidiary of Liberty Global, a multinational telecommunications company that operates in Europe and Latin America.
Telenet Group NV has been taking steps towards decarbonisation and reducing its carbon footprint. The company has set a target to reduce its carbon emissions by 50% by 2025, compared to its 2019 baseline. Telenet Group NV has also set a goal to use 100% renewable energy by 2025. The company has been investing in renewable energy sources such as wind and solar power to achieve this goal.
One of the ways Telenet Group NV is achieving its decarbonisation goals is through corporate energy purchasing. The company has signed a corporate power purchase agreement (PPA) with a wind farm in Belgium. The PPA allows Telenet Group NV to purchase renewable energy directly from the wind farm, reducing its reliance on fossil fuels. The wind farm will provide Telenet Group NV with 100 GWh of renewable energy per year, which is equivalent to the energy consumption of 30,000 households.
Telenet Group NV has also been investing in its own renewable energy projects. The company has installed solar panels on the roofs of its buildings, which generate renewable energy for its operations. Telenet Group NV has also invested in a biogas plant that converts organic waste into renewable energy. The biogas plant generates enough renewable energy to power 1,000 households.
In addition to its efforts to reduce its carbon footprint, Telenet Group NV has also been working to improve its energy efficiency. The company has implemented energy-saving measures in its buildings, such as LED lighting and motion sensors. Telenet Group NV has also been encouraging its employees to adopt sustainable practices, such as turning off their computers when not in use and using public transportation to commute to work.
Telenet Group NV is committed to sustainability and has been recognized for its efforts. The company has been included in the Dow Jones Sustainability Index (DJSI) for the past three years. The DJSI is a global index that measures the sustainability performance of companies across various industries.
In conclusion, Telenet Group NV is a Belgian company that operates in the Cable & Satellite sector. The company has set a target to reduce its carbon emissions and use 100% renewable energy by 2025. Telenet Group NV has been investing in renewable energy sources such as wind and solar power, and has signed a corporate PPA with a wind farm in Belgium. The company has also been investing in its own renewable energy projects, such as solar panels and a biogas plant. Telenet Group NV has implemented energy-saving measures in its buildings and has been encouraging its employees to adopt sustainable practices. The company has been recognized for its sustainability efforts and has been included in the DJSI for the past three years.