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Transitioning to low carbon telecom networks.
As companies seek to lower emissions within their value chains, TDC NET, the Danish digital infrastructure provider, secured validation from the Science Based Targets initiative.
| Client |
Industry |
Our role |
|
TDC NET |
Digital infrastructure |
Sustainability advisor |
Infrastructure clients are actively searching for suppliers that could contribute to reducing emissions in their value chain. TDC NET, the Danish provider of digital infrastructure, is the first company in the world to receive a validated 2030 net-zero target aligned with climate science using the Science Based Targets initiative’s (SBTi’s) Net-Zero Standard.
To achieve this goal, they are investing in solar energy, optimising energy consumption, transitioning to electric vehicles, and collaborating with partners to effectively manage emissions.
SEB has been one of TDC NET's leading and strategic financial partners and has acted as the sole sustainability advisor on TDC NET’s sustainability-linked finance framework. This allows TDC NET to issue sustainability-linked bonds and engage with investors who are supportive of their goal to reduce CO2 emissions by 2030.
The SBTi’s Corporate Net-Zero Standard is the only framework in the world that aligns corporate net-zero target setting with climate science. TDC NET's net-zero targets have been validated by the SBTi. They aim to reduce scope 1, 2, and 3 (full value chain) CO2 equivalent emissions by 2030, using 2020 as the baseline. Find out more in TDC NET's latest sustainability report For more information about SBTi, visit The Science Based Targets website;
TDC NET is a Danish telecommunications company primarily focused on operating and maintaining telecommunications infrastructure in Denmark. They provide a wide range of services, including broadband, mobile network, and fixed-line voice services. TDC NET plays a key role in digitalising Denmark by investing in and upgrading network infrastructure to ensure high-quality connectivity and access for both individuals and businesses.
Visit tdcnet.com
By offering advisory services, innovative and sustainable financing and investment products, we're helping our clients to reach their sustainability targets.
SEB's sustainability experts have extensive knowledge in areas such as climate and financing solutions, sustainable investments and regulatory development in the European Union.