“ You can only manage something that you understand .
“ We can go from there to actually implementing the execution of those solutions . That ’ s step one and we have a lot of work to do .”
How are the tech giants approaching ESG ? While a relatively short acronym , ESG covers a vast range of potential activities .
Kyndryl aims to achieve net zero emissions by 2040 alongside supporting its customers to become more sustainable . As a services business , it puts people at the centre of its operations through building a diverse team and offering holistic wellbeing resources for its employees . It has developed governance programmes grounded in transparency , ethical considerations and a commitment to use technology for a more inclusive and secure global economy .
In the company ’ s 2024 Citizenship Report , CEO Martin Schroeter says : “ These advancements , among others , are a great source of pride for Kyndryls globally . They are also helping us to meet growing requirements from regulators and customers as they increasingly seek documentation of our environmental , social and governance commitments when considering partnering with us .” Verizon says it aims to effectively govern and manage the environmental and social risks and opportunities that arise from its core business strategy , dedicating its assets to creating a positive impact in a sustainable way
As the United States ’ biggest wireless carrier , it has the potential to make a big difference .
James says : “ Verizon ’ s ESG corporate strategy focuses on everything from renewable energy and greening the grid , both onsite and offsite , all the way through the products we sell and how we enable our customers through our technology to operate as sustainably as possible .
“ It also extends to our people , more than 100,000 employees , and how we give them the opportunity to really focus on working and living green .”
Since 2019 , the company has issued US $ 6bn of green bonds which it says is instrumental to its efforts to meet climate goals . The net proceeds of these have been allocated primarily to renewable energy purchase agreements , supporting new renewable energy projects across the USA .
“ When you look at the business cases around , for example , green financing , the US $ 6bn worth of green bonds we ’ ve done are some of the best bonds we ’ ve ever put to market ,” James explains .
“ The response from our financial partners has been just fantastic .”
Nokia aims to be the leader in energy efficiency across silicon , software and systems to minimise its environmental footprint . “ The key areas there are climate change , circularity and responsible use of minerals ,” Subho explains .
“ We want to maximise our handprint — how can others benefit more with what we can produce ?”
132 February 2025