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Ribbon releases new sustainability report
Strong performance in reducing greenhouse gas emissions, advancing women in management, and enhancing responsible supply chain controls. #pressrelease
November 1, 2022
1 Min Read
PLANO, Texas – Ribbon Communications Inc. (Nasdaq: RBBN), a global provider of real time communications technology and IP optical networking solutions to many of the world's largest service providers, enterprises, and critical infrastructure operators to modernize and protect their networks, today announced its new Global Sustainability Report, which highlights its approach, goals and accomplishments in the areas of Environmental, Social and Governance (ESG) for 2021 and early 2022.
The company has made notable progress on its "Three by Thirty" strategic targets, introduced in its previous report:
Reduce direct carbon emissions by 30% by 2030 (Scope 1 and 2 CO2e)
10% reduction achieved in absolute carbon emissions in 2021 vs 2018
Increase women in management to 30% of all management roles by 2025
Women in management roles increased to 18% in 2021 vs 16% in 2020
Achieve 30% of our Tier 1 suppliers audited with zero non-conformances against Ribbon's Supplier Audit Protocol
Completed supply chain assessment and developed our framework for ESG Risk Assessment.
Completed initial engagement with priority suppliers; risk-prioritized supplier audit plan for 2022 in progress.
Read the full press release here.
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