Ericsson's new Sustainability report: Croatian contribution to Technology for Good programs

Ericsson (NASDAQ:ERIC) has published its new Sustainability and Corporate Responsibility Report summarizing its 2014 performance in the areas of: Responsible Business; Energy, Environment and Climate; and Communication for All. Croatian example of implementation of PSI system, which was realized in cooperation between Vipnet and Ericsson Nikola Tesla, is noticed as one of the few best examples of energy efficient practices around the world. For more information  about this project from the Adriatic coast, see the three-minute video on the YouTube channel of Ericsson Nikola Tesla.

During 2014, Ericsson further strengthened the company's approach to human rights and business, broadened its focus on Occupational Health and Safety to be more inclusive of supply chain activities, and enhanced portfolio and operational efforts to reduce environmental impacts associated with energy consumption. Alongside this, Ericsson surpassed targets for providing access to communication for all in the areas of education, banking the unbanked, and humanitarian response, and positively impacted four million people around the world with its Technology for Good programs. Latest radio platform, Ericsson Radio System, enables 50 percent improvement in energy efficiency which mitigates the increased energy consumption required to meet growing demands for data. Corporate carbon footprint target is on track to reduce 30 percent CO2e per employee by 2017, with 10 percent reduction achieved in 2014.

Ericsson is the first ICT company - and one of just five across all industries - to comply with the UN Guiding Principles on Business and Human Rights Reporting Framework, which was established earlier this year, demonstrating the company's commitment to transparently managing human rights risks throughout its operations. Hans Vestberg, President and CEO, Ericsson, says: "In the Networked Society, everyone and everything will be connected in real time. As a leading ICT company, our role is to drive this transformation, opening up new ways to innovate, to collaborate and to empower people, business and society. We want to ensure that connectivity paves the way for environmentally sustainable and equitable social and economic development."

Ericsson Sustainability and Corporate Responsibility Report 2014

Video about PSI implementation in Croatia

Communications Ericsson Nikola Tesla