2024 Sustainability Report Summary
In our 2024 Sustainability report we share our progress and work done so far to achieve our ESG goals. Our achievements are on this page here, or you can take a look at the full report below:
“Our sustainability journey is far from over, and we must push further together... ESG remains the foundation upon which Colt will innovate, grow and deliver an extraordinary customer experience. Together, we can change the world.”
Keri Gilder, CEO
Our targets
Our commitment to the environment
Our role as a digital infrastructure provider gives us a platform to accelerate sustainability transformations through innovation and the application of technological solutions, becoming the sustainable supplier of choice and helping customers improve their ESG performance. These are key elements of our business strategy underpinned by our ESG–by-design approach.
Colt Group approved SBTs*
Near-term target:
Long-term net-zero target:
Scope 1 and 2
46%
absolute reduction by 2030 from a 2019 baseline (1.5C)
Scope 2
28%
absolute reduction by 2030 from a 2019 baseline (well below 2C)
Scope 1, 2 and 3
90%
absolute reduction in Scope 1, 2 & 3 emissions by 2045 from 2019 baseline
*Colt Group has formally engaged with the CBTi to integrate the activities of Lumen EMEA into its SBTs
Our commitment to the environment
Our total market-based GHG emissions have decreased by 35% from our 2019 baseline year
Colt Group Scope 3 GHG emissions (tCO2e)*
Colt Group's Scope 3 emissions have decreased 31% against our baseline year
We've reduced our total carbon footprint by 35% since 2019 - saving the emissions it would take to drive a car around the world 20,000 times*.
*Emissions equivalent determined using EPA's emissions calculator. Based on miles driven by an average gasoline-powered passenger vehicle and Earth's circumference estimate of 24,901 miles equating to one lap.
We've recycled more than 590 tonnes of IT hardware - that's heavier than a full Airbus A380, the world's largest passenger aircraft.
*Airbus A380's maximum takeoff weight is 575 tonnes.
By powering down Time Division Multiplexing (TDM) switches and SDH devices across Europe, we're saving 13.2 GWh of grid electricity annually.
We helped sequester and avoid 8.15 tonnes of CO2e by investing in local seaweed cultivation through Carbon Kapture.
56.8%
of our supply chain emissions are with suppliers that have already set a Science Based Target or signed a Sustainability Schedule.
+34%
battery electric vehicles (BEVs) against 2023 benchmark.
+45%
plug-in hybrid vehicles (PHEVs) against 2023 benchmark.
Our commitment to our people
Supporting our workforce
To further promote gender equality within Colt Group, we became a signatory of the United Nations Global Compact's Women Empowerment Principles in April 2024. We also joined the UN Global Compact's Target Gender Accelerator Programme and benchmarked our gender action plan using the Women Empowerment Principles Gap Analysis Tool.
Across Colt Group, we've completed over 5,000 hours of training on LinkedIn learning, with over 4,000 employees participating.
We made Percipio available for the first time in 2024, with our employees completing 4,750 hours of training that year.
6,468
employees in 26 countries*
97.6%
of our employees are permanent*
32.1%
of Colt Group employees are female*
Our commitment to our community
Driving social impact
As part of our Global Social Impact Strategy, our employees spent more than 1,000 days volunteering at external charities and initiatives - about as much times as Da Vinci dedicated to his masterpiece "The Last Supper".
€564,940
donated to 67 charities in 2024
(113.8% increase from 2023)
1,033.5
days volunteered in 2024
(19.2% increase from 2023)
