Infinera's Commitment to Emission Reduction Validated by Science Based Targets initiative

Core Insights - Infinera's greenhouse gas (GHG) emission reduction targets have been validated by the Science Based Targets initiative (SBTi), emphasizing the company's commitment to sustainability in the telecommunications industry [1][2] Group 1: Emission Reduction Targets - Infinera aims to reduce absolute Scope 1 and Scope 2 GHG emissions by 85% by 2030 from a 2020 base year [2] - The company also targets a 25% reduction in absolute Scope 3 GHG emissions within the same timeframe [2] - SBTi has classified Infinera's targets as aligned with keeping global warming to 1.5°C, marking them as the most ambitious designation available through SBTi's evaluation process [2] Group 2: Progress and Achievements - Infinera has already reduced its Scope 1 and 2 GHG emissions by 75% since 2020 [3] - The company utilizes renewable energy in over 80% of its Tier 1 and Tier 2 sites, showcasing significant progress in minimizing its carbon footprint [3] Group 3: Commitment to Sustainability - The validation from SBTi is seen as a milestone in Infinera's sustainability journey, reflecting its dedication to developing energy-efficient optical networking solutions [4] - The CEO of Infinera highlighted the importance of setting effective targets that prioritize long-term sustainability while enabling a connected future [4]