Summary: The annual Carbon Disclosure Project survey results are out and the telco sector has not performed as well as could be expected despite a clear correlation between climate strategy and financial performance.The annual Carbon Disclosure Project (CDP) survey of the global 500 largest listed public companies is out and it makes for sober reading for the Telco industry. The Telco sector is the only industry sector that did not have a company making it to the highest performance ranking band. From the survey commentary:
This is surprising given that the telecommunications sector is increasingly seen as providing technology that can support emissions reductions activities.
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