Business Wire

ADVA

8.10.2020 09:02:14 CEST | Business Wire | Press release

Share
ADVA sets ambitious new targets to radically reduce carbon emissions

ADVA (FSE: ADV) today announced that its stringent targets to reduce greenhouse gas emissions have been approved by the Science Based Targets Initiative (SBTi). The new commitment is aligned with the most ambitious goals of the Paris climate accord: limiting global temperature increase to 1.5°C above pre-industrial levels. ADVA, which was one of the first telecommunication technology suppliers to have targets validated by SBTi, is now committed to a 67% cut in emissions from its own operations by 2032. The new goals are part of a holistic sustainability strategy alongside radical improvements to the energy efficiency of ADVA’s complete product line. The targets are also a major step towards ADVA’s own production processes becoming carbon neutral.

“This new pledge puts us in line with the most aggressive internationally agreed targets for tackling greenhouse gasses. By shrinking our operations emissions by 67%, we’re helping to keep global warming below the most dangerous levels and moving our business significantly closer to a carbon-neutral future,” said Klaus Grobe, director, sustainability, ADVA. “Our upgraded commitment illustrates the strength of our dedication to environmental protection and social responsibility. What’s more, it goes hand in hand with our ongoing innovation to reduce emissions across the lifecycle of our products. By boosting energy efficiency, even as data demand multiplies, we’re creating a truly sustainable digital ecosystem and helping our customers meet their own ambitious sustainability goals.”

ADVA’s new targets will be realized through dramatic reductions in CO2 emissions from its car fleet and from purchased electricity. This will include a transition to 100% renewable energy across all key ADVA sites. The company also has an SBTi-approved target in place for a 3% drop in product use-phase emissions. This is an extremely ambitious goal, given the exponentially rising demand for internet bandwidth. Other notable areas of ADVA’s sustainability strategy include its award-winning focus on ecodesign with products optimized for raw material intake and recycling output. The company has also won recognition for its industry-leading sustainability practices with four years of “gold” ratings from the TIA Sustainability Initiative and, most recently, a “platinum” sustainability rating from EcoVadis, putting ADVA in the top 1% of participating companies.

“Our strict new science-based environmental targets highlight our deep-rooted and long-standing dedication to sustainability. Everyone needs to play their part in lowering their carbon footprint by finding new ways to enhance energy efficiency and reduce waste. Now, as well as our continuing drive to improve the space and power utilization of our solutions, we’re dramatically reducing emissions at our own sites,” commented Stephan Rettenberger, marketing and investor relations, ADVA. “ICT technology will be the foundation for carbon improvements across all industries in the next few years. As demand for broadband capacity continues to grow, it becomes even more vital for us as ICT vendors to step up and ensure that networking itself is truly sustainable.”

About ADVA
ADVA is a company founded on innovation and focused on helping our customers succeed. Our technology forms the building blocks of a shared digital future and empowers networks across the globe. We’re continually developing breakthrough hardware and software that leads the networking industry and creates new business opportunities. It’s these open connectivity solutions that enable our customers to deliver the cloud and mobile services that are vital to today’s society and for imagining new tomorrows. Together, we’re building a truly connected and sustainable future. For more information on how we can help you, please visit us at www.adva.com .

Published by:
ADVA Optical Networking SE, Munich, Germany
www.adva.com

Social Media:

https://www.facebook.com/ADVAOpticalNetworking

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

IntouchCX Recognized for Operations led AI and End to End CX Transformation by HFS Research6.11.2026 15:00:00 CET | Press release

IntouchCX a global leader in AI-powered customer experience (CX) management, trust and safety, digital engagement, and back-office operations, has been positioned in the Horizon 2 end-to-end experience transformation, in the HFS Horizons Customer Experience Services 2026 report for its operations led approach to AI adoption and its model connecting advisory with delivery, from strategy through frontline executions. HFS Research evaluates customer experience service providers based on their capabilities, innovation, and potential to deliver value. The 2026 report examines how providers are helping businesses adopt AI, improve customer experiences and strengthen operations. “AI transformation delivers the greatest value when strategy, technology, and operations work together,” said Brent Stevenson, Chief Experience Officer at IntouchCX. “Our approach and expertise goes beyond technology. We identify business challenges and build the right solutions by connecting the dots between data, wo

The Estée Lauder Companies Unveils Mastering Skin Longevity, a Breakthrough Scientific Innovation Platform Advancing the Next Era of Skin Science6.11.2026 15:00:00 CET | Press release

New Platform Focuses on Master Regulators of Skin Longevity to Drive Discovery Across Ingredients, Technologies, Formulations and Future Product Innovation At the China International Import Expo (CIIE), The Estée Lauder Companies Inc. (NYSE: EL) today unveiled Mastering Skin Longevity, a breakthrough scientific innovation platform designed to advance the next era of skin science and transformative product innovation. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261106776704/en/ The Estée Lauder Companies' Skin Longevity Clock serves as the visual representation for the Mastering Skin Longevity scientific innovation platform. Moving beyond the study of individual Hallmarks of Aging, the platform focuses further upstream on the Master Regulators of Skin Longevity. These interconnected biological pathways and proteins influence multiple hallmarks at once. By deepening understanding of these systems and how they help support s

Experian Named a Leader in 2026 IDC MarketScape for Worldwide Decision Intelligence Platforms6.11.2026 15:00:00 CET | Press release

IDC MarketScape recognizes Experian for strengths in proprietary data foundation, integrated orchestration and deployment flexibilityKey SummaryExperian named a Leader: IDC MarketScape positions Experian as a Leader in its 2026 vendor assessment of worldwide decision intelligence platform providers. Data and decisioning at scale: Experian Ascend Platform™ brings together proprietary data, analytics, decisioning, fraud detection, identity verification and model management and is used to process millions of transactions daily. Agentic AI orchestration and governance: Experian Agent Operating System™ provides a trusted agentic AI layer within Experian Ascend Platform designed to help organizations scale AI with explainability, auditability and human oversight. Experian today announced it has been named a Leader in the IDC MarketScape: Worldwide Decision Intelligence Platforms 2026 Vendor Assessment (Doc #US54118426, September 2026), which evaluates providers helping organizations design,

Midas Atlantic Partners, in Partnership With the Najafi Companies, Has Entered Into a Put Option Agreement With Sylvamo Relating to the Potential Acquisition of Its European Operations6.11.2026 12:04:00 CET | Press release

Sylvamo’s European operations include its uncoated freesheet paper mills in Saillat (France) and Nymölla (Sweden), as well as its forestry and supporting business operations across EuropeRevenues of approximately EUR 630 million for the fiscal year ended December 2025Transaction expected to close in the first quarter of 2027 once the required consultation processes are completed and regulatory approvals are obtained Midas Atlantic Partners (“Midas Atlantic”), in partnership with The Najafi Companies, has signed a put option agreement with Sylvamo Corporation (“Sylvamo”) relating to the potential acquisition of its European operations (the “Business”). The transaction comprises Sylvamo’s uncoated freesheet paper mills in Saillat and Nymölla, as well as its forestry and supporting business operations across Europe. Closing is expected in the first quarter of 2027, once the required consultation processes are completed and regulatory approvals are obtained. The Business is a leading Europ

Suzano Reports 36% Increase in Third Quarter Net Revenue Following Consolidation of Arbex6.11.2026 00:23:00 CET | Press release

Suzano (B3: SUZB3 / NYSE: SUZ) , the world’s largest pulp producer, announces its results for the third quarter of 2026 (3Q26), which for the first time include Arbex, the joint venture between Suzano and Kimberly-Clark established in July this year. Driven primarily by the consolidation of Arbex’s contribution, Suzano reported net revenue of BRL16.5 billion, an increase of 36% on the same period last year and a new quarterly record in the company’s 102-year history. Adjusted EBITDA totaled R$5.7 billion in 3Q26, up 9% on the same basis of comparison. Operating cash generation reached R$3.8 billion, an increase of 12%. Net income totaled R$2.1 billion. As announced following the completion of the transaction with Kimberly-Clark, Suzano holds a 51% equity interest in Arbex and will therefore fully consolidate the joint venture’s financial statements from this quarter onwards.1 “This quarter marks the beginning of a new phase for Suzano. With Arbex, we are now a broader business, both ge

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye