Chapter 2
Chapter 2

Reporting

Best practice and support for reporting climate impacts

The GSMA recommends disclosing to the CDP and runs annual webinars to help the mobile industry stay up to date with reporting requirements.

The GSMA also recommends aligning to the frameworks created by the Taskforce for Climate-related Financial Disclosures (TCFD) and the Taskforce for Nature-related Financial Disclosures (TNFD) to understand the associated financial risks and opportunities.
For broader ESG measurement, the GSMA has developed the ‘ESG Metrics for Mobile’ to help the industry report on the most material sustainability impacts.

CDP

CDP is a not-for-profit charity that runs the largest public database of carbon emissions globally. This global disclosure system is used by investors, companies, cities, states and regions to manage their environmental impacts.

Climate Disclosure Webinar Series

Over recent years there has been a big increase in the number of mobile network operators disclosing climate impacts, with many respondents scoring an A or A-.
This series of webinars run with the CDP helps operators stay up to date with the ever-evolving requirements of climate disclosures. Each webinar focuses on key areas to understand for reporting.

TCFD Knowledge Hub

The Financial Stability Board (FSB) created the Task Force on Climate-related Financial Disclosures (TCFD) to develop recommendations on the information companies should disclose to support financial stakeholders to appropriately assess and price risks related to climate change.
The Task Force has divided climate-related risks into two major categories: risks related to the transition to a lower-carbon economy and risks related to the physical impacts of climate change.

Efforts to mitigate and adapt to climate change also produce opportunities for organisations, for example, through resource efficiency and cost savings, the adoption of low-emission energy sources, the development of new products and services, access to new markets, and building resilience along the supply chain.

Taskforce on Nature-related Financial Disclosures

The Taskforce on Nature-related Financial Disclosures (TNFD) was created to develop and deliver a risk management and disclosure framework for organisations to report and act on evolving nature-related risks.
The ultimate aim of this framework is to support a shift in global financial flows away from nature-negative outcomes and toward nature-positive outcomes.

ESG Metrics For Mobile

The GSMA has launched ESG Metrics for Mobile, a first-of-its-kind mobile sector ESG reporting framework, developed alongside partners from EY, Yale Center for Business and the Environment, and a working group of 20 mobile operators. The framework also draws on experience from key global industry and ESG stakeholders and who contributed to the project.
Featuring ten industry-specific KPIs, the framework covers a range of key material topics for the sector, from energy consumption and waste reduction to digital inclusion and data protection. The common metrics are designed to simplify and harmonise ESG disclosures and complement universal reporting, by adding a crucial industry-specific lens.

As operators adopt this new ESG framework, the metrics will provide stakeholders with a deeper understanding of the industry, and where its most material impacts and value are generated.

ESG Metrics For Mobile Webinar

During this interactive and informative webinar, the GSMA and EY shared details of the framework and discussed its benefits. The session also featured an industry-focused panel discussion with mobile operators Vodafone and MTN, in addition to hearing from ESG investment experts from ESG Book (formerly Arabesque) and Refinitiv, who explored topics such as the power of alignment for accelerating progress and fostering more meaningful dialogue between investors and companies.
Watch the on-demand video highlights of this webinar to learn how mobile operators are coming together to harness ESG in order to demonstrate and generate greater value for society.

ESG The Case For Operators And Their Senior Decision Makers