Telecom
Ericsson Commits to Net Zero by 2040 in 2021 Sustainability and Corporate Responsibility Report
Ericsson delivered on its sustainability targets and made a series of new commitments in 2021. The company put a particular focus on energy performance and strengthening its ambition to reach Net Zero across its value chain by 2040.
In 2021 Ericsson introduced a new vision to improve lives, redefine business and pioneer a sustainable future. Building on decades as a sustainability pioneer, the company has made a strong commitment to fulfilling this vision through its own efforts and through working across and beyond the ICT ecosystem.
This focus is reflected in Ericsson’s latest Sustainability and Corporate Responsibility Report, which highlights its 2021 performance across the areas of responsible business, environmental sustainability and digital inclusion.
“Our sustainability-driven solutions and partnerships create real impact for our customers and our stakeholders,” says Heather Johnson, Ericsson’s Head of Sustainability and Corporate Responsibility.
“But they also create value for society, whether by enabling the reduction of emissions across industries, creating more energy-efficient networks or helping to bridge the digital divide. We made significant progress towards our sustainability goals in 2021, and we are now setting even more ambitious targets for the future.”
Performance and highlights
Net Zero: In 2021 Ericsson set a long-term ambition to be Net Zero by 2040 across its value chain. To meet this ambition, Ericsson will work towards 1.5°C aligned climate targets set by the Paris Agreement.
The first major milestone is to achieve Net Zero emissions from the company’s own activities by 2030 – as well as reducing emissions by 50 percent in its portfolio and supply chain also by 2030.
Energy performance: To meet customer expectations and help the telecom industry reach Net Zero, Ericsson has developed innovative solutions that enable operator networks to use as little energy as possible while managing expected growth in data traffic, meeting the needs of both current and future 5G networks.
In 2021, Ericsson achieved 36% energy savings from delivered Ericsson Radio System radios versus the legacy portfolio, surpassing the company’s approved Science Based Target of 35 percent one year ahead of schedule.
During 2021, Ericsson also launched a series of ultra-light Massive MIMO radios that are 10 percent more energy efficient than the previous generation.
Digital inclusion: The digital divide continues to be a key challenge to global economic development with roughly 2.9 billion people still offline. With innovative technologies and services, Ericsson and its partners and customers are pioneering new ways to connect societies and improve lives.
In 2021 Ericsson continued its partnership with UNICEF in support of the Giga initiative, helping to map schools and assessing their connectivity in 35 countries by the end of 2023.
Ericsson also made a commitment to positively impact one million children and youth by 2025 by providing access to digital learning and skill development programs as part of the World Economic Forum-aligned EDISON Alliance 1 Billion Lives Challenge.
Corporate responsibility: Ericsson continued its focus on health, safety and well-being in 2021, including a robust COVID-19 response that included a focus on employee mental health and access to vaccines in places where they were not easily accessible.
In 2021 there was an increase in work-related fatalities compared to 2020, in contrast to the decreasing trend of recent years. The company has declared this unacceptable and is more committed than ever to Target Zero – a goal of zero fatalities and lost workday incidents.
Ericsson launched its revised Code of Business Ethics, which defines both the company’s ethical principles and its expectations of responsibility across the value chain. The company also added integrity as one of its four core values as well as publishing a report on the human rights impact of 5G.
Ericsson’s Sustainability and Corporate Responsibility Report is part of the Company’s Annual Report and externally assured by an independent third party. It is also produced in accordance with GRI Sustainability Reporting Standards and the UN Guiding Principles on Business and Human Rights Reporting Framework.
Ericsson continues to strengthen its radio access network (RAN) portfolio with solutions that address the 5G rollout and sustainability goals of communications service providers. Announced today, the portfolio additions will deliver sizeable energy savings and up to ten-fold capacity increases – with minimal or no added footprint.
Leading the portfolio enhancements is Radio 4490, a dual-band radio that delivers 25 percent lower power consumption and lesser weight compared to the current product. This radio type is compatible with most of the radio sites globally as it supports the main FDD (Frequency Division Duplex) bands being used by many service providers for their 5G deployment.
Ericsson is also launching a high-power version of the new dual-band radio, 4490 HP, which enables up to 50 percent more output power compared to current radios. The two new radios apply passive cooling – reducing power consumption further, as fans are not needed. They are also Cloud RAN-ready.
Per Narvinger, Head of Product Area Networks, Ericsson, says: “We continue to evolve our RAN portfolio with more solutions for smart, slim, and sustainable 5G networks. Our latest innovations will further optimize 5G sites for both purpose-built and Cloud RAN deployments.”
5G rollouts are accelerating across the world, with frontrunners gearing up for the shift to 5G Standalone to drive new consumer and enterprise use cases. Introducing 5G means added spectrum and hardware – which is where Ericsson’s new products play a key role through the ability to raise capacity while slashing power usage – fueling efforts to break the energy curve.
The London Internet Exchange (LINX) announced today that it will extend its partnership with Digital Realty to West Africa, welcoming the data centre provider to its new interconnection fabric, LINX Accra.
Digital Realty is nearing completion of its new facility in Accra, ACR2. A modern data centre strategically positioned near multiple submarine landing cable stations in Accra’s downtown area.
Ghana is one of Africa’s most internationally connected countries, thanks to the presence of these six undersea cable systems. As a result, the country’s digital landscape has grown dramatically in recent years.
LINX Accra was announced in late 2024 and is anticipated to launch in the coming weeks.
LINX stated that a new internet exchange point (IXP) for Ghana will provide future-proof and scalable solutions to propel the digital ecosystem forward.
The new IXP will be LINX’s third facility in Africa since the opening of LINX Nairobi in 2023, marking an important milestone in the company’s overall strategy in Africa.
Nurani Nimpuno, head of global engagement for LINX commented: “We are excited to be embarking on this new journey with Digital Realty in Ghana. We have strong relations with our partners across our LINX hubs in the UK, US and Kenya so I’m confident this extension of the relationship will be a success.”
Digital Realty has been a key access point for LINX’s interconnection solutions in London and also in North Virginia, US for several years.
More recently, LINX launched their first steps into Africa with LINX Nairobi in November 2023 and LINX Mombasa in February of this year, both working closely with iColo: A Digital Realty Company.
Joseph Koranteng, managing director of Digital Realty in Ghana, commented: “We’re pleased to be welcoming LINX to our new data centre in Ghana, a key milestone as we continue to strengthen interconnection across Africa.
“As demand for low-latency connectivity grows, this collaboration will play a critical role in helping to shape the region’s digital future by enabling greater access, resilience, and integration with the global internet fabric.”
Telecom
Moniepoint Clinches Two IBSi Awards for Leadership in Corporate Banking and Digital Wallet Services
Moniepoint Inc, Africa’s leading fintech platform, has been named a Category Winner in two prestigious categories — Corporate Banking and Digital Wallets — at the IBS Intelligence (IBSi) Digital Banking Awards 2025.
The accolades recognize Moniepoint’s significant impact in advancing financial inclusion and operational efficiency through its innovative digital banking initiatives across the continent.
Moniepoint earned dual recognition with the Corporate Banking award for its end-to-end digital platform empowering SMEs across emerging markets through simplified working capital access and streamlined payment processes, while also being honored in the Digital Wallets category for its scalable wallet infrastructure that enables millions to seamlessly transact, save, and manage finances—both innovations supporting broader financial inclusion and economic empowerment goals.
The IBSi Awards jury highlighted Moniepoint’s achievement in delivering measurable business impact, its ability to scale efficiently, and its pioneering approach to integrating local market needs with cutting-edge financial technology.
The IBSi Digital Banking Awards recognize technology implementations and innovation across digital banking units worldwide. This year, more than 110 submissions from over 30 countries were evaluated.
The IBSi Digital Banking Awards celebrate the most innovative and impactful technology implementation projects in the global banking sector.
This year’s competition recognised outstanding achievements among digital-only banks, neo-challenger banks, and the technology partners driving digital transformation worldwide.
“We are thrilled to be recognised in two highly competitive categories,” said Tosin Eniolorunda, CEO of Moniepoint. “These awards validate our mission to power the dreams of African businesses and individuals by building technology that works for everyday realities.
“Whether it’s helping SMEs grow or enabling simple, fast, and secure transactions for millions, we remain committed to delivering impactful solutions.”
“These recognitions from IBS Intelligence reflect the hard work of our teams and partners, and the deep trust our users place in Moniepoint,” Eniolorunda added.
“We look forward to continuing to innovate and scale inclusive digital financial services that shape the future of banking across Africa.”
Nikhil Gokhale, Director of Research and Digital Properties at IBS intelligence, said, “Over the years, we’ve witnessed a remarkable transformation in the digital banking space — from the rise of nimble neobanks to the digital reinvention of traditional institutions.
“The IBSi Digital Banking Awards honour this evolution by recognising technology-led excellence across the global banking landscape.
“Now in its fifth edition, the awards continue to recognise banks that are redefining the digital banking landscape through bold strategy, customer-centric thinking, driving innovation, inclusion and meaningful impact.”
This award complements and validates Moniepoint market leadership having been listed for three years in a row in the CB Insights annual Fintech 100, a list of the 100 most promising private fintech companies in the world and described as high-momentum companies shaping the future of financial services as well as being ranked by the Financial Times as one of Africa’s fastest-growing companies for two consecutive years.
Moniepoint Inc. powers over 10 million businesses and individuals with access to seamless payments, banking, credit, and business management tools since 2019. As Nigeria’s largest merchant acquirer, it powers most of the country’s Point of Sale (POS) transactions while operating profitably.
Processing over 1 billion transactions monthly, with total payments volume exceeding $22 billion, Moniepoint enables businesses to digitize their operations and thrive in Africa’s rapidly evolving economy.
UK-headquartered IBS Intelligence (IBSi) is the world’s only pure-play Financial Technology (traditional and new-age) research, advisory, and media firm, with a global coverage, and a 360° portfolio of intelligence offerings.
For over 30 years, IBSi’s expert teams have delivered independent, in-depth, actionable insights, with a laser focus on everything Financial Technology, to the global banking, consulting, technology, and institutional investor world.
Dr. Aminu Maida, executive vice chairman and chief executive officer of the Nigerian Communications Commission (NCC), has declared the presentation of the Regulatory Impact Assessment (RIA) Report on eight key subsidiary legislations a turning point in the Commission’s regulatory framework.
Speaking at a high-level Stakeholder Engagement Forum in Abuja, Dr. Maida noted that the comprehensive RIA, conducted in 2024, embodies the NCC’s renewed commitment to transparent, participatory, and consumer-focused rulemaking.
“This innovation in our legislative process not only enhances accountability but also recalibrates our focus areas—consumers, licensees, and government policy alignment,” Dr. Maida stated.
The NCC boss emphasized that the RIA’s three-pronged focus aimed to assess regulatory performance across:
* Consumer impact, especially with regard to quality of experience (QoE)
* Market adaptability, with respect to competition, resource utilization, and market entry
* Policy alignment, ensuring legislations support overarching governmental objectives
He urged stakeholders to rigorously engage with the RIA findings to enhance regulatory outcomes and ensure market sustainability.
In her opening remarks, Head of Legal & Regulatory Services at the NCC, Mrs. Chizua Whyte, described the RIA as “an evolutionary step in our rulemaking journey,” adding that the extensive stakeholder contributions had strengthened the report’s validity.
“With emerging technologies and policy priorities, we needed to reassess our legal instruments. This RIA was both introspective and outward-looking,” Mrs. Whyte said.
Key areas assessed include licensing, SIM registration, subscriber management, enforcement procedures, spectrum trading, and infrastructure sharing.
Mrs. Whyte revealed that feedback from industry players was instrumental in identifying regulatory redundancies, clarifying legal obligations, and shaping future reforms.
The Legal Department, she noted, is already aligning next-phase reforms with the RIA’s recommendations to strengthen investor confidence and foster innovation across Nigeria’s telecom landscape.
The forum concluded with a call for continued stakeholder participation in shaping the Commission’s evolving legislative environment.
For the NCC, the RIA initiative signals a new era of smarter regulation—balancing flexibility, compliance, and consumer trust.
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