altafiber (formerly Cincinnati Bell)
Climate Impact & Sustainability Data (2022, 2023)
Reporting Period: 2022
Environmental Metrics
Total Carbon Emissions:75,499 MT (2022)
Scope 1 Emissions:14,031 MT (2022)
Scope 2 Emissions:61,468 MT (2022)
Renewable Energy Share:9% (Hawaiian Telcom)
Waste Generated:841,000 lbs (minimum)
ESG Focus Areas
- Environmental
- Social Impact
- Governance
Environmental Achievements
- Reduced total GHG emissions by 1.93% from 2021 to 2022 (76,983 MT to 75,499 MT)
- Hawaiian Telcom generated 9% of its energy through onsite solar arrays.
- Reduced total facility footprint by 7%
- Implemented energy-efficiency projects lowering energy bills by 10-11% at some locations.
- Recycled at least 841,000 pounds of materials.
- Reclaimed and recycled 650,000 pounds of copper cabling.
Social Achievements
- Launched Employee Resource Groups (ERGs) supporting 13 groups.
- Employees logged 5,060 volunteer hours.
- Employee satisfaction score above industry benchmark.
- Developed a Diversity, Equity, and Inclusion (DEI) strategy.
- Invested $2.55 million in employee development programs (290,000 hours).
Governance Achievements
- Chartered an ESG committee.
- Completed a materiality assessment.
- 100% independent directors on the Board; 3 of 9 directors are women.
- Implemented a safety management system (SMS).
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2040.
Short-term Goals:
- 40% absolute emissions reduction from 2021 baseline by 2030.
Environmental Challenges
- High energy consumption from legacy copper network equipment (65% of carbon emissions).
- Aging vehicle fleet contributing to GHG emissions.
- Need to improve supplier diversity program.
Mitigation Strategies
- Migrating customers to a greener fiber-optic network.
- Modernizing and electrifying the company fleet.
- Developing a climate action plan to reduce GHG emissions to net-zero by 2040.
- Developing strategies to engage more diverse suppliers.
Supply Chain Management
Responsible Procurement
- Working towards a robust supplier diversity program.
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events, damage to outdoor wiring from flying debris and falling trees.
Opportunities
- Network transformation to fiber-optic infrastructure.
Reporting Standards
Frameworks Used: SASB
Awards & Recognition
- Brighton Center’s 2022 Elizabeth Herald Community Support Award
Reporting Period: 2023
Environmental Metrics
Total Carbon Emissions:69,693 tCO2e (Market Based)
Scope 1 Emissions:14,001 tCO2e
Scope 2 Emissions:55,692 tCO2e
Scope 3 Emissions:Not disclosed
Renewable Energy Share:Not disclosed
Total Energy Consumption:Not disclosed
Water Consumption:Not disclosed
Waste Generated:Not disclosed
Carbon Intensity:Not disclosed
ESG Focus Areas
- Sustainability
- Employee Experience
- Community Engagement
Environmental Achievements
- Reduced Scope 2 emissions by 11% from 2021 baseline.
- Retired two copper network facilities, saving energy and emissions.
- Added a new rooftop solar array to power Dayton, Ohio regional office.
- Recycled at least 841,000 pounds of materials.
- Reclaimed and recycled 684,000 pounds of copper cabling.
Social Achievements
- Launched Employee Resource Groups (ERGs) with 13 groups and over 1000 members.
- Employees volunteered over 8,400 hours.
- Invested $906,800 in employee development programs (122,000 hours).
- Donated 100 upcycled computers to Maui residents.
- Bell Charitable Foundation awarded $1.5 million in grants.
Governance Achievements
- Maintained high governance standards despite transitioning to a privately held company.
- 100% independent board of directors with 3 of 9 directors being women.
- Implemented a Software-as-a-Service solution integrating risk, safety, compliance, and insurance data.
Climate Goals & Targets
Long-term Goals:
- Net-zero emissions by 2040.
Medium-term Goals:
- Not disclosed
Short-term Goals:
- 40% absolute emissions reduction from 2021 baseline by 2030.
Environmental Challenges
- Increasing carbon emissions from fleet due to expanding service areas.
- Energy-intensive legacy copper network.
- Need to assess and address Scope 3 emissions.
Mitigation Strategies
- Fleet modernization, reduction in vehicle numbers, and EV deployment.
- Phased plan to decommission copper network and transition to fiber.
- Development of climate action plans for altafiber, Hawaiian Telcom, and CBTS.
- Commitment to assessing Scope 3 emissions in the future.
Supply Chain Management
Supplier Audits: Not disclosed
Responsible Procurement
- Commitment to sustainable procurement; vetting of business relationships for fleet modernization; Third-Party Risk Management Program for high-risk vendors.
Climate-Related Risks & Opportunities
Physical Risks
- Sea level rise, coastal erosion, high wave/king tide flooding, passive flooding (Hawaii)
Transition Risks
- Not disclosed
Opportunities
- Network transformation to fiber (more energy efficient).
Reporting Standards
Frameworks Used: SASB
Certifications: LEED Silver (Dayton office)
Third-party Assurance: Not disclosed
UN Sustainable Development Goals
- Not disclosed
Not disclosed
Sustainable Products & Innovation
- Fiber optic network (more energy efficient than copper).
Awards & Recognition
- LEED Silver certification (Dayton office)