GTT Communications Inc.

11/19/2024 | Press release | Distributed by Public on 11/19/2024 07:19

GTT Publishes Annual ESG Report

Company details continued progress and strategic alignment plans across key environmental, social and governance principles.

GTT Communications Inc., a leading networking and security as a service provider for multinational organizations, today released its third annual report on its environmental, social and governance activities.

The report sets out the company's current ESG practices, the progress it has made against key milestones, as well as its plans for evolving its strategy to ensure alignment and compliance with established and emerging standards and frameworks central to global, sustainable business attainment.

"Our goal is to provide secure, global connectivity that supports an on-demand vision, disrupting traditional, time-intensive industry models," said Ed Morche, CEO, GTT. "As a global network provider, we seek to understand climate-related risks to our business by managing the environmental impact of our products, services and operations and continually improving our environmental performance and operating methods. This report reflects our continued commitment and progress across key environmental, social and governance principles."

Notable ESG developments from this year's report include:

  • Strengthening the company's governance with the creation of a new position of Vice President of Risk & Compliance to lead these disciplines at scale for the company.
  • Conducting a Double Materiality Assessment in preparation for compliance
    with the European Union's Corporate Sustainability Reporting Directive (CSRD).
  • Reduction in the company's combined Scope 1 and Scope 2 greenhouse gas emissions year-over-year in accordance with its goal of attaining net-zero for these business activities by 2035.
  • Screening of all business material Scope 3 categories and resulting expanded reporting coverage of the company's greenhouse gas inventory.

Visit our ESG hub here to read the report.

About GTT

GTT is a leading networking and security as a service provider for multinational organizations, simply and securely connecting people and machines to data and applications - anywhere in the world. We serve thousands of organizations, bringing together the right people, partners and technology to reduce the burden on IT teams and solve the most pressing networking and security challenges. Built on our top-ranked global Tier 1 network, GTT Envision is a single global technology platform to connect, orchestrate, virtualize and automate enterprise networks, enabling customers with consumable solutions to achieve business missions and meet ongoing demand when, where and how needed. Our portfolio includes SASE, SD-WAN, security, internet, voice and other connectivity options, complemented by a suite of professional services and exceptional sales and support teams in local markets around the globe. We partner with our customers to deliver Greater Technology Together. www.gtt.net.

GTT Media Inquiries:
Americas:
Mary Lynn Heath, GTT
+1-646-214-4078
[email protected]

Europe:
Siria Nielsen, GTT
+31-6-2835-4259
[email protected]

GTT Investor Relations:
Charlie Lucas, GTT
+1-571-388-5154
[email protected]