ADVA
8.10.2020 09:02:14 CEST | Business Wire | Press release
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
View source version on businesswire.com: https://www.businesswire.com/news/home/20201008005053/en/
Social Media:
About Business Wire
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
Access Advance Announces New Effective Discount Rates for Its Multi-Codec Bridging Agreement, Starting on January 1, 202711.11.2026 20:18:00 CET | Press release
Access Advance LLC today announced that the Licensors of the HEVC Advance and VVC Advance Patent Pools have independently approved a two-step, phased reduction in the effective royalty discount available under the Multi-Codec Bridging Agreement (MCBA) for Licensees of both pools who sign the MCBA on or after January 1, 2027. Licensees that join both the HEVC Advance and VVC Advance Patent Pools and execute the MCBA on or before December 31, 2026, will secure the current MCBA rates, resulting in an effective discount of up to 50%. Licensees that sign on or after January 1, 2027 will receive a reduced discount as further described below. The MCBA is an administrative agreement, not a separate license, that lets Licensees of both HEVC Advance and VVC Advance Patent Pools pay a single, reduced royalty rate for products that include both HEVC and VVC codecs. Today the MCBA rate for a dual-codec product is the same as the VVC Advance single codec product rate; up to 50% of what a Licensee wo
Angel Aligner Unveils Six Innovations for 202711.11.2026 17:23:00 CET | Press release
Angel Elevates the Orthodontic Specialty by Focusing on Complex-Case Solutions Angelalign Technology Inc. (6699.HK) (“Angel”), a global clear aligner leader, has unveiled six new clinical innovations, including SuperElastic (MC-SE)* aligner material, a Deepbite Solution for significantly expanded indications, and the Adapt-MATMsystem for next generation growth guidance for young patients. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261110338654/en/ Unveiling Angel's 2027 Innovations. Orthodontists and opinion leaders have long remarked about Angel’s clinical excellence. Orthodontics educator and thought leader Dr. David Sarver said: “In over 4 decades, I’ve never had a parent say I’d be happy if you ensure that my child’s treatment results are average.” Angel is committed to elevating the orthodontic specialty well above the average, especially as more competition and harder referral cases demand outstanding results. Bind
Abu Dhabi Future Health Summit Concludes with Research Partnerships and New Programmes to Advance Prevention and Health Innovation11.11.2026 15:58:00 CET | Press release
Partnerships span drug discovery, clinical research, preventive and reproductive health Launch of an AI Clinician Framework and a Trusted Research Environment for health and genomic data Four whitepapers address genomics, therapeutics, fertility and wearable technologies New programmes support health innovators and entrepreneurs More than 17,300 visitors from 85 countries, with 130 speakers across 45 sessions Held under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of the Abu Dhabi Executive Council, Abu Dhabi Future Health Summit 2026 concluded with agreements and initiatives spanning drug discovery, clinical research, preventive and reproductive health, alongside research and entrepreneurship programmes that will sustain collaboration beyond the Summit. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20261111545964/en/ The Summit is the annual flagship gath
De' Longhi Group: Record Results for the Quarter, With Revenue Growing by 7.7% and Net Profit Pertaining to the Group Progressing Significantly by 19%11.11.2026 15:58:00 CET | Press release
The Board of Directors of De' Longhi S.p.A. approved the consolidated results1 for the nine months of 2026. In the nine months the Group achieved: revenues for € 2,621.3 million, up by 6.5% with respect to 2025 (+7.7% at constant currency); an adjusted2 Ebitda of € 455.2 million, equal to 17.4% on revenues (vs. 15.8% with respect to last year); a net income pertaining to the Group equal to € 225.8 million (+20.4% with respect to last year); a positive net financial position equal to € 606.0 million. CEO Fabio de' Longhi commented: “The Group delivered its thirteenth consecutive quarter of organic revenue growth, underscoring our proven ability to capitalize on industry opportunities and respond promptly to market evolution, while ensuring consistent performance across both divisions. The professional business recorded a strong acceleration, spanning all geographies and brands, with revenues growth exceeding 35% for both the quarter and the nine-month period, this against an already par
Starr Chile Assigned A Rating from AM Best11.11.2026 14:30:00 CET | Press release
Starr, a global insurance and investment organization, today announced that the global credit rating agency AM Best has assigned Starr International Seguros Generales S.A. (Starr Chile) a Financial Strength Rating of A (Excellent) and a Long-Term Issuer Credit Rating of a+ (Excellent). The outlook for both credit ratings is positive. The rating reflects Starr’s strong balance sheet and Starr Chile’s successful implementation of Starr’s business model. AM Best also cited Starr’s operating performance, a favorable business profile and enterprise risk management as key factors supporting the positive rating. “This strong rating is another important endorsement of Starr’s business model as we continue to build our presence in Latin America,” said Jeff Greenberg, chairman and co-CEO of Starr. “It reflects the financial strength, underwriting discipline and experienced teams that underpin our business around the world, reinforcing the confidence brokers and clients can place in Starr.” Starr
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
