Sustainability and social responsibility

Sustainable development for communities, businesses and citizens

At GlobalConnect, we are proud to contribute to sustainable development across Northern Europe, for companies and organizations, as well as for the individual. Our contributions can mainly be tracked to our constantly expanding Pan-Nordic fiber network, but we are also determined to keep creating and delivering ever-evolving connectivity solutions that enables a better functioning society today, and tomorrow.

GlobalConnect, member of the UN Global Compact initiative

GlobalConnect Group is a proud member of the United Nations’ Global Compact program, also pledging to align our operations and strategies with the UN Global Compact’s ten principles that address human rights, labor law, environment and anti-corruption.

“Committing to the UNGC is an important step in GlobalConnect’s Sustainability journey, as we are aligning and working actively to meet our customers’ needs and become better as a company through international standards” says Eric Elzvik, ESG Champion at GlobalConnect.

GlobalConnect, member of the UN Global Compact initiative

GlobalConnect commits to join the Science Based Targets initiative

GlobalConnect commits to join the Science Based Targets initiative by submitting its first-ever SBTi targets. GlobalConnect commits to set near-term company-wide emission reductions in line with climate science with the SBTi.

Following a series of important sustainability milestones set during 2022 such as releasing its first joint Annual & Sustainability Report, entering the Ørsted+ATP consortium to bid for the build of the world’s first Energy Island in the North Sea and being enrolled into United Nations’ Global Compact Program – GlobalConnect has now submitted its first-ever SBTi targets, which are now awaiting target validation due in 2023.

GlobalConnect Group commits to reduce scope 1 and 2 emissions – aligned with the UN ambition of limiting global warming. GlobalConnect also commits to decarbonization in the value-chain by working across scope 3. In addition, by launching its first Diversity and Inclusiveness training for all employees in late 2022, the Group will accelerate its ambitions to be a preferred place to work.

GlobalConnect commits to join the Science Based Targets initiative

Download Annual & Sustainability report 2022

Digital infrastructure and connectivity provider GlobalConnect reported strong growth in revenue and profitability in 2022, despite a turbulent global landscape. Its revenue grew by 16% compared to previous year, to reach 7.2 billion SEK, while profitability (Adj. EBITDA) increased by 16.9% to 3.6 billion SEK with a 50.8% margin. GlobalConnect’s investments amounted to 9.2 billion SEK and its annual growth was driven by acquisitions, the Fiber-To-The-Home (FTTH) build-out, and by organic growth across all business areas.

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Archive: Annual & Sustainability report 2021

GlobalConnect continued its momentum in the fiber-to-the-home (FTTH) rollout and saw an increased appetite for connectivity solutions from enterprises and public institutions in 2021. The group’s revenue amounted to EUR 609m in 2021, an organic increase of 2.5% compared to previous year. Profitability also increased by 9.3% as the adjusted EBITDA improved to EUR 307m (50.4%) from EUR 272m (47.2%) the year before.

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Archive: CSR report 2020

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