Sprint once again has been saluted for its efforts at minimizing its impact on Mother Earth.
Just recently, Sprint was named one of the top 53 companies on the 2012 Carbon Disclosure Project S&P 500 Climate Change Report. Among those companies, Sprint was the top-ranked U.S. wireless carrier. Additionally, Sprint was named U.S. Sector Leader on the Dow Jones Sustainability Index North America, for the second consecutive year.
That latter honor recognizes us as a leader in sustainability among the top 20 percent of the 600 largest companies in North America.
Aside from having tremendously long names, what these two honors have in common is that they reflect how conscientiously Sprint is operating its business in terms of environmental considerations.
Because investors (not to mention customers and the general public) are increasingly interested in companies that emphasize corporate responsibility in their business strategy, a growing number of corporations submit information to these two organizations for evaluation.
Sprint’s commitment to reduce its reliance on fossil fuels and increase use of renewable energy sources for electricity includes a goal of 10 percent of its total electricity usage from renewable sources by 2017. We are already halfway there. In addition, our award-winning Buyback Program – in which we aim to recover nine phones for every 10 sold – is diverting millions of phones from landfills.
In case you’re not familiar with the Carbon Disclosure Project, it is an international non-profit group that represents hundreds of institutional investors. The group’s Carbon Disclosure Leadership Index noted that in the Telecommunication Services sector, Sprint’s disclosure score improved by 16 points over last year’s report and was the highest in the sector this year.
Sprint, by the way, is the first and only U.S. telecom company to publicly announce an absolute greenhouse gas emission reduction goal, recently reporting a year-over-year reduction in absolute emissions of 3.25 percent. Using the yardstick of carbon efficiency based on metric tons of CO2-e per terabyte of data carried, we achieved a 31 percent improvement in carbon intensity.
The Dow Jones Sustainability Index is designed to track the performance of leading companies in terms of economic, environmental and social criteria. The Index named Sprint as the North America Mobile Telecommunications sector leader, with especially high scores in areas such as governance, climate strategy and supply chain management, and environmental reporting.
These latest honors demonstrate Sprint’s commitment to corporate responsibility, sustainable innovation and business practices. To learn more about what Sprint is doing in the area of sustainability, click here.