Since becoming a partner in 2018, alongside our co-shareholders, we have been actively supporting TDC on one of the largest and most complex capital investment programmes in its history: upgrading and expanding its fibre network for one million households and businesses. TDC is committed to strengthening Denmark’s mobile connectivity, investing early and at scale to deliver the country’s next generation mobile network.
Cooperation is essential to designing and delivering innovative programmes. These are real-world examples of how the partnerships can make a tangible difference.
They also show the value of ambition. TDC is applying similar ambition to protect the environment. In 2019, it announced its pledge to become 100 per cent carbon neutral in 2028 and to reduce CO2 emissions by 50 per cent in 2023, against a 2020 baseline.
TDC has committed to set targets in line with the Science Based Targets initiative for ambitious climate action, including a scope 3 emissions reduction target, by September 2021. It also completed its first-ever Scope 3 emissions inventory in 2020, which revealed that the company's total value chain emissions are approximately 2.5 times greater than those arising from their direct operations. While this indicates the scale of the challenge ahead, the positive experience from recent emission reductions and the benefits of a collaborative approach are cause to be optimistic about the future.