Climate Change Data

Ribbon Communications (Nasdaq: RBBN)

Climate Impact & Sustainability Data (2020-2021, 2021-2022, 2022, 2023)

Reporting Period: 2020-2021

Environmental Metrics

Total Carbon Emissions:25965 tCO2e/year (Scope 1,2 & 3)
Scope 1 Emissions:2695 tCO2e/year
Scope 2 Emissions:21439 tCO2e/year
Scope 3 Emissions:1830 tCO2e/year
Renewable Energy Share:22% of total energy use in 2020
Total Energy Consumption:232526 GJ/year
Water Consumption:21675 m3/year
Waste Generated:341 tons/year

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Supply Chain

Environmental Achievements

  • Reduced greenhouse gas emissions by 9% on a square foot basis in 2020
  • Reduced operational Scope 1 and 2 carbon footprint by double digits since 2018 when normalized to employee count or square footage
  • Reduced the number of equipment racks in laboratories and data centers by more than 21% since 2012

Social Achievements

  • Implemented a unified online platform for enterprise learning, making training materials available to all employees
  • Launched Ribbon Engagement Committees to enhance employee satisfaction and engagement
  • Conducted an Employee Experience Survey with a 64% response rate to gather insights on employee satisfaction and key issues

Governance Achievements

  • Reviewed and amended the Code of Conduct in 2020
  • Achieved 100% employee completion of Code of Conduct recertification in 2020
  • Implemented a new risk tracking tool to manage corporate risk information

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero carbon emissions
Medium-term Goals:
  • Reduce direct carbon emissions by 30% by 2030
Short-term Goals:
  • Increase women in management to 30% by 2025

Environmental Challenges

  • COVID-19 pandemic impact on operations and employee well-being
  • Need to improve workforce diversity, particularly women in management
  • Need to improve controls in the supply chain to enhance ethical and sustainable conduct
Mitigation Strategies
  • Transitioned most employees to work from home, implemented safety protocols in offices, and provided resources for remote work
  • Developed initiatives to attract and advance women in the workplace, including women-friendly hiring practices and leadership development programs
  • Implemented a regular quality audit program with strategic contract manufacturers and quarterly business reviews with key suppliers

Supply Chain Management

Supplier Audits: 100% of Tier 1 facilities audited in 2020

Responsible Procurement
  • Supplier Code of Conduct
  • Quarterly business reviews with key suppliers
  • Audits for conformance to Code of Conduct

Climate-Related Risks & Opportunities

Physical Risks
  • Disruption to services at facilities or disruption to internet infrastructure
Transition Risks
  • Increasing carbon regulation and pricing
Opportunities
  • Continued provision of products and services supporting digital transformation

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001:2015, ISO 14001:2015, ISO 17025:2015, ISO 27001:2013, TL 9000:R6.2/R5.6, SI 10000:2013

Sustainable Products & Innovation

  • Apollo platform with higher traffic loading and reduced power consumption

Awards & Recognition

  • 2020 Global Sustainability Award for Excellence in Software

Reporting Period: 2021-2022

Environmental Metrics

Total Carbon Emissions:23,116 tCO2e/year (Scope 1+2)
Scope 1 Emissions:2,141 tCO2e/year
Scope 2 Emissions:20,975 tCO2e/year
Scope 3 Emissions:12,234 tCO2e/year
Renewable Energy Share:1.3% of total energy use
Total Energy Consumption:242,597 GJ/year
Water Consumption:40.74 megaliters/year (municipal water)
Waste Generated:367 tons/year

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Supply Chain
  • Business Integrity
  • Data Privacy

Environmental Achievements

  • 10% reduction in absolute Scope 1+2 carbon emissions in 2021 compared to 2018 base year
  • 39% reduction in GHG emissions per million $ revenue
  • 36% reduction in GHG emissions per square meter
  • 73% waste diversion (up from 68% in 2020)
  • 98% of contract manufacturing operations now included in Scope 3 emissions

Social Achievements

  • Increased women in management roles from 16% in 2020 to 18% in 2021
  • 28% of new hires were women (up from 23% in 2020)
  • 10% reduction in total injury rate from 0.177 in 2020 to 0.158 in 2021
  • 700 employees volunteered more than 2,500 hours in Ribbon’s 2021 Global Day of Service
  • 82% of employees confirmed they would recommend Ribbon in our global employee survey

Governance Achievements

  • Established new standards, supplier assessments and audit protocols throughout our supply chain
  • 80% response rate from priority suppliers in our Supplier Code of Conduct assessment, and enhanced monitoring mechanisms for supplier conformance
  • No major non-conformances discovered in ISO 27001 adherence in 2021
  • No fines or sanctions related to noncompliance in 2021

Climate Goals & Targets

Long-term Goals:
  • Achieve net zero emissions
Medium-term Goals:
  • Reduce direct carbon emissions by 30% by 2030 from a base year of 2018 (Scope 1+2 CO2e)
  • Audit 30% of Tier 1 suppliers with actions complete to ensure 100% adherence to Ribbon’s Supplier Code of Conduct by 2025
Short-term Goals:
  • Increase women in management to 30% by 2025

Environmental Challenges

  • Supply chain disruptions due to the global pandemic and political unrest
  • Increasing customer demand for carbon emission solutions throughout their supply chains
  • Need to improve gender diversity, particularly at management levels
  • Addressing risks associated with the use of critical materials
Mitigation Strategies
  • Consolidated merged business and expanded presence in many markets
  • Implemented power-efficient innovation and streamlined operations
  • Implemented new training and mentoring programs to enhance progress towards gender diversity targets
  • Aligned supplier ethical conduct assessments and developed a framework for ESG risk assessment
  • Developed alternative sourcing strategies

Supply Chain Management

Supplier Audits: 100% of Tier 1 facilities audited in 2021

Responsible Procurement
  • Supplier Code of Conduct (SCoC) aligned with Responsible Business Alliance standard v7.0
  • Criminal conduct screening of prospective suppliers
  • Quarterly business reviews of supplier performance
  • New internal Responsible Procurement Policy

Climate-Related Risks & Opportunities

Physical Risks
  • Disruption to services at facilities or disruption to internet infrastructure
Transition Risks
  • Increasing carbon regulation and pricing
Opportunities
  • Continued provision of products and services supporting digitization and national digital transformations

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 9001:2015, TL 9000: R6.3/5.7, SI 10000:2013, ISO 14001:2015, ISO 17025:2015, ISO 22301:2019, ISO 27001:2013, ISO 45001:2018

UN Sustainable Development Goals

  • Goal 9

Ribbon's contribution to bridging the digital divide aligns with UN SDG 9, target 9c

Sustainable Products & Innovation

  • Apollo product platform with higher traffic loading and reduced power needs
  • TM400_2 line card for Apollo’s optical transport system

Awards & Recognition

  • Newsweek’s Most Responsible Companies 2022
  • 2021 Award for Excellence in Network Equipment Sustainability at the Annual TIA QuEST Forum Sustainability Awards
  • EcoVadis Silver Sustainability Rating in 2022

Reporting Period: 2022

Environmental Metrics

Total Carbon Emissions:21,781 tCO2e/year (Scope 1+2)
Scope 1 Emissions:2,036 tCO2e/year
Scope 2 Emissions:19,745 tCO2e/year
Scope 3 Emissions:11,371 tCO2e/year
Renewable Energy Share:11% of total energy use
Total Energy Consumption:222,212 GJ/year
Water Consumption:70.64 Megaliters/year
Waste Generated:229 tons/year
Carbon Intensity:26.56 tCO2e/$ million revenue (Scope 1+2)

ESG Focus Areas

  • Climate Change
  • Diversity & Inclusion
  • Supply Chain
  • Business Integrity
  • Secure and Inclusive Technology
  • Low Carbon Economy
  • Future-Fit Workforce

Environmental Achievements

  • 16% reduction achieved in absolute Scope 1+2 carbon emissions in 2022 compared to our 2018 base year
  • 7% reduction of direct carbon emissions in 2022 versus 2021
  • 57% waste diversion due to recycling efforts to reduce landfill
  • Bengaluru operation switched entirely to renewably sourced electricity
  • 88% cumulative reduction in equipment and laboratory space compared to non-optimized operations

Social Achievements

  • 33% reduction in our total injury rate from 0.158 in 2021 to 0.106 in 2022
  • 83% of employees confirmed they would recommend Ribbon as an employer
  • 870 employees volunteered more than 3,500 hours in Ribbon’s 2022 Global Day of Service
  • 26% of new hires were women
  • Launched Ribbon Wellness Program and global Employee Assistance Program (EAP)

Governance Achievements

  • Ribbon was not subject to any fines or sanctions related to noncompliance in any area of our business in 2022
  • 100% of employees completed Code of Conduct initial training or recertification
  • No major non-conformances were discovered in our ISO 27001 adherence in 2022

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions
Medium-term Goals:
  • Reduce direct carbon emissions by 30% by 2030 (Scope 1+2)
  • Increase women in management to 30% by 2025
  • Achieve 30% of our Tier 1 suppliers audited with zero major non-conformances by 2025
Short-term Goals:
  • Not disclosed

Environmental Challenges

  • Progress on increasing women in management was slower than planned in 2022
  • Supply chain disruptions
  • Need to improve Scope 3 emissions reporting
  • Increasing carbon regulation and pricing (long-term)
Mitigation Strategies
  • Plan to audit key suppliers in 2023
  • Working with contract manufacturers to identify ways to improve carbon efficiency
  • Reviewing options to improve low carbon options in business travel
  • Ongoing efforts to accelerate the advancement of women
  • Robust business continuity planning

Supply Chain Management

Supplier Audits: 100% of Tier 1 facilities audited in 2022

Responsible Procurement
  • Supplier Code of Conduct (SCoC) aligned with Responsible Business Alliance standard v7.0

Climate-Related Risks & Opportunities

Physical Risks
  • Disruption to services at facilities, disruption to internet infrastructure
Transition Risks
  • Increasing carbon regulation and pricing
Opportunities
  • Continued provision of products and services supporting digitization and national digital transformations

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001, ISO 27001, ISO 22301, ISO 45001, ISO 9001, ISO 17025

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Apollo OT9408 optical transport platform

Awards & Recognition

  • Newsweek’s Most Responsible Companies 2023 (6th among 50 software & telecommunications companies)
  • TIA QuEST Global Sustainability Award 2022
  • EcoVadis Silver Sustainability Rating in 2022

Reporting Period: 2023

Environmental Metrics

Total Carbon Emissions:17,320 tCO2e/year (Scope 1+2)
Scope 1 Emissions:2,124 tCO2e/year
Scope 2 Emissions:15,196 tCO2e/year
Scope 3 Emissions:11,093 tCO2e/year
Renewable Energy Share:7.7% of total energy use (2023)
Total Energy Consumption:206,197 GJ/year
Water Consumption:40.38 Megaliters/year
Waste Generated:214 tons/year
Carbon Intensity:20.97 tCO2e per $M revenue (2023)

ESG Focus Areas

  • Climate Change
  • Supply Chain
  • Diversity & Inclusion

Environmental Achievements

  • 33% cumulative reduction in absolute Scope 1+2 GHG emissions in 2023 compared to the 2018 base year, exceeding the 2030 target
  • 17% reduction in the rate of waste sent to landfills compared to 2022
  • 90% cumulative reduction in equipment and laboratory space compared to non-optimized operations

Social Achievements

  • 91% of employees confirmed they felt accepted and valued in our 2023 Employee Experience Survey
  • 26% of new hires were women
  • 1,100+ employees volunteered more than 5,100 hours in Ribbon’s 2023 Global Day of Service

Governance Achievements

  • 21% of Tier 1 suppliers completed third-party audits against our Supplier Code of Conduct with zero critical findings
  • 100% of active employees completed the annual mandatory Code of Conduct review and survey in 2023
  • Annual ISO 27001:2022 certification across our corporate financial and customer support organization

Climate Goals & Targets

Long-term Goals:
  • Net zero emissions
Medium-term Goals:
  • Increase women in management to 30% by 2025
  • Maintain and improve Scope 1+2 emissions reduction
Short-term Goals:
  • Audit 30% of Tier 1 suppliers by 2025

Environmental Challenges

  • Maintaining and further improving Scope 1+2 emissions reduction
  • Increasing representation of women at management levels
  • Monitoring, managing and mitigating risk in the supply chain
Mitigation Strategies
  • Ongoing resource efficiencies and optimization of operations, adoption of renewable energy
  • Investment in programs and processes to accelerate greater representation of women in management roles
  • Multiyear plan to continue auditing and embedding ethical conduct requirements for suppliers

Supply Chain Management

Supplier Audits: 21% of Tier 1 suppliers audited in 2023

Responsible Procurement
  • Supplier Code of Conduct (aligned with Responsible Business Alliance standard v8.0)

Climate-Related Risks & Opportunities

Physical Risks
  • Disruption to services at facilities, disruption to internet infrastructure
Transition Risks
  • Increasing carbon regulation and pricing
Opportunities
  • Provision of products and services supporting digitization and national digital transformations

Reporting Standards

Frameworks Used: GRI, SASB, TCFD

Certifications: ISO 14001:2015, ISO 27001:2022, ISO 22301:2019, ISO 45001:2018, TL 9000

Third-party Assurance: CDP-accredited expert for energy and emissions data

UN Sustainable Development Goals

  • Not disclosed

Not disclosed

Sustainable Products & Innovation

  • Power-efficient data transport products and optical networking hardware

Awards & Recognition

  • Newsweek’s Most Responsible Companies 2024 (6th among 54 software & telecommunications companies)
  • Newsweek’s Greatest Workplaces for Women 2024
  • EcoVadis Silver Sustainability Rating (top 16% of peers)
  • America’s Climate Leaders 2023
  • Bharti Foundation’s Changemaker Award for excellence in Corporate Social Responsibility in India