Telefonaktiebolaget LM Ericsson 2023 AR2
The report highlights Ericsson's performance in 2023, navigating a challenging mobile networks market with net sales of SEK 263.4 billion. The company achieved a gross run-rate of SEK 12 billion in cost savings and signed an industry-shaping five-year agreement with AT&T to build a programmable, open network. In sustainability, Ericsson made progress toward its Net Zero 2040 target, reducing Scope 1 and 2 emissions by 38% compared to its 2020 baseline. Additionally, the company improved its portfolio energy performance, achieving a 30% reduction in the energy consumption of typical new radio base station sites compared to 2021.
Company: Telefonaktiebolaget LM Ericsson
Sector: Information Information Technology
Country: Sweden
Year: 2023
Type: AR2
Pages: 207
Telefonaktiebolaget LM Ericsson
Annual Report
The report highlights Ericsson's performance in 2023, navigating a challenging mobile networks market with net sales of SEK 263.4 billion. The company achieved a gross run-rate of SEK 12 billion in cost savings and signed an industry-shaping five-year agreement with AT&T to build a programmable, open network. In sustainability, Ericsson made progress toward its Net Zero 2040 target, reducing Scope 1 and 2 emissions by 38% compared to its 2020 baseline. Additionally, the company improved its portfolio energy performance, achieving a 30% reduction in the energy consumption of typical new radio base station sites compared to 2021.
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Document Details
Report Year
2023
Reporting Period
Jan 1, 2023 - Dec 31, 2023
Fiscal Year
2023
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Renewable Energy
Water Consumption
Total Waste
Women on Board
Women in Management
Workplace Fatalities
Net Zero Target
Employees