Zayo Group Holdings, Inc., is taking an aggressive position in reducing net emissions to zero, while also pursuing steps to reach other environmental, social and government (ESG) milestones, the company said in its 2022 Sustainability at Zayo Report, which was released today.
Last year, the company formally committed to Science Based Target Initiative (SBTi), developing a plan to achieve net zero emissions by 2030, with much of the effort tied to offsetting its overall carbon emissions. Zayo is also consulting with its supply chain partners in an effort to reduce their emissions.
On the social front, the company issued the following Diversity, Equity, Inclusion, and Belonging (DEIB) statement: “At Zayo, we believe that diverse perspectives drive innovative ideas and fuel our growth. We foster a culture where every Zayoite feels seen, valued, respected, and empowered to be their most authentic self. We strive to work with partners that also demonstrate core values around diversity and sustainability.”
Zayo said that it made improvements across gender and ethnic diversity throughout the company, including the Board of Directors. Zayo also started tracking diversity in its supply chain year-over-year, and noted improvements in the number of women and minority-owned suppliers.
“The ESG practices we outline in this report are not only a fundamental component of who Zayo is as a company, but are also vital for Zayo to reach its business goals,” Mike Nold, leader of Zayo’s ESG steering committee and executive vice president of corporate development and strategy, said in a prepared statement about the Zayo zero net goal. “This past year, we focused on developing our path to net zero, improving organizational diversity, and expanding broadband to all. We are proud of our progress and remain committed to making ESG a priority.”
Other carriers are also pursuing carbon emission reduction efforts, with AT&T looking for a reduction of a gigaton.