GTT Publishes Annual ESG Report

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.