{"id":324639,"date":"2022-12-20T12:07:43","date_gmt":"2022-12-20T12:07:43","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=361404"},"modified":"2022-12-20T12:07:43","modified_gmt":"2022-12-20T12:07:43","slug":"ericsson-sets-up-framework-for-green-investment","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2022\/12\/20\/ericsson-sets-up-framework-for-green-investment\/","title":{"rendered":"Ericsson sets up framework for green investment"},"content":{"rendered":"

<\/p>\n

\tEricsson established a green framework to promote and enable financial investment in energy efficient technologies such as 4G, 5G and future 6G networks, as part of the vendor\u2019s wider push around sustainability.<\/p>\n

In a press release, Ericsson explained the Green Financing Framework will enable it to issue green bonds and other green financing instruments, with proceeds allocated exclusively to investments in energy efficiency and renewable energy.<\/p>\n

Developed in accordance with the 2021 Green Bond Principles (GBP), established by the International Capital Market Association (ICMA), Ericsson also worked with Cicero Shades of Green, a Norway-based institute for climate research and a provider of assessments related to green and sustainable financing.<\/p>\n

Carl Mellander, Ericsson CFO, said the framework is part of its overall ambition in sustainable finance and complements existing tools such as its sustainability linked Revolving Credit Facility.<\/p>\n

He explained proceeds raised will include capex and R&D investments to enhance energy performance in existing 4G and 5G networks as well as future 6G solutions.<\/p>\n

\u201cExtending our leadership in energy efficiency is a key priority for Ericsson and of strategic importance for our operator customers,\u201d he added.<\/p>\n

Also commenting, Heather Johnson, VP of sustainability and corporate responsibility, said the development and deployment of energy-efficient technology supporting the net zero ambitions enables digital and green transition across industries and society.<\/p>\n

Major operators, including Verizon [1], Orange [2] and Telefonica, [3] have all released green bonds in recent times as the industry significantly steps up its sustainability push.<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/verizon-readies-lates-1b-green-bond\/
\n[2] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/orange-debuts-e500m-sustainability-bond\/
\n[3] https:\/\/www.mobileworldlive.com\/featured-content\/top-three\/telefonica-raises-e1b-in-latest-green-bond-issue\/<\/p>\n\n

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Ericsson established a green framework to promote and enable financial investment in energy efficient technologies …<\/p>\n

The post Ericsson sets up framework for green investment<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":247,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Ericsson sets up framework for green investment - ITTeacherITFreelance.hk","description":"Ericsson established a green framework to promote and enable financial investment in energy efficient technologies ... The post Ericsson sets up framework for g"},"footnotes":""},"categories":[11,8],"tags":[],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/324639"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/247"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=324639"}],"version-history":[{"count":2,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/324639\/revisions"}],"predecessor-version":[{"id":325549,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/324639\/revisions\/325549"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=324639"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=324639"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=324639"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}