BT made record revenue through carbon-saving products in 2018

By Sophie Chapman
The British telecommunications company, BT, has revealed it generated £5.5bn (US$6.99bn) from the sale of products and services that contribute to carb...

The British telecommunications company, BT, has revealed it generated £5.5bn (US$6.99bn) from the sale of products and services that contribute to carbon savings last year.

The figure contributed to 23.4% of the firm’s total revenue for 2018, edie.net reported.

The company released the results in its latest Digital Impact and Sustainability report. The firm’s revenue from carbon-combative products rose from £5.3bn ($6.74bn) in 2017.

SEE ALSO:

In 2018, the products sold by BT enabled customers to reduce their emissions by 11.7mn tonnes – a 200,000 tonne year-on-year improvement – due to a greater focus on renewable energy.

BT has set the goal of helping its customers collectively reduce their emissions by three times its own end-to-end emissions.

With the 3:1 ratio being the target, the company’s figure rose from 2.4:1 in 2017 to 2.6:1 in 2018.

“Climate action makes sense for business and through our people, products and services we’ve been able to take some dramatic steps towards tackling one of society’s biggest challenges,” stated Gabrielle Giner, Head of Environmental Sustainability at BT.

Share

Featured Articles

AI's Energy Hunger: Can Data Centres Keep Pace Sustainably?

As companies like Google, Microsoft, Meta & Apple fight to keep data centre emissions down, how will the sector will confront the sustainable impact of AI?

One Month to Go Until Sustainability LIVE: Malta

In a month, a leading ESG & Sustainability Strategy Event in Malta, Sustainability LIVE, will be coming to the Mediterranean Conference Centre

One Week to Go Until Sustainability LIVE: Climate Week NYC

In one week, Sustainability LIVE will be coming to Climate Week NYC, aiming to connect many of the world’s sustainability leaders

Procurement & Supply Chain LIVE: Supply Chain Sustainability

Supply Chain Sustainability

How Duke Energy is Tackling the Energy Transition

Renewable Energy

Patagonia and Canopy Partner for Eco-Friendly Packaging

Supply Chain Sustainability