Recognising the importance of sustainable development – and the fact that it is vital for the success of the future's business activity - Magyar Telekom Group undertakes the obligation and responsibility for that will do its operation, corporate governance, activities in its spirit in Hungary and in all countries, where appears with its business or co-operation. In addition to the opportunity for a long-term success of the company group, it includes a significant positive effect through its role in the region and its services for the society, environment and economy.
Sustainability vision
For Magyar Telekom, sustainability, as recognising the relationship with the three pillars of environment - society - economy and the positive activity within this, is a long term strategic principle. In practice it is realisable if the economic, social and environmental interests are harmonised.
Identify our strategy
In addition to the results of our Sustainability Strategy 2016- 2020, the goals and tasks defined for the period through the end of 2030 have been determined by the goals and directions applied internationally in terms of sustainable development, which we, as a Group, adhere to. When identifying our priorities, we have focused on the expectations of the responsible investors monitoring our company and the current corporate trends. Of course, local market conditions, as well as consumer behavior and demand have also been taken into account, so that we be able to proactively meet our customers’ needs.
When identifying our strategic goals, we kept in mind that our sustainable operation has a significant impact on the society, the economy and the environment. In addition to being responsible for the livable future of our several million customers and thousands of employees, as a market leader ICT provider and a large enterprise of regional proportions, we are aware that our business and operational decisions influence the economy and the society of the future, too.
It is our firm belief that we, as a company, are responsible for all the groups of people whom we can enable by ICT solutions, and that we have to make social, economic and environmental responsibility a part of our corporate genetic code to thus promote sustainable development and opportunities for future generations.
Sustainability Strategy (2021-2025-2030)
We are aware that our world is about to undergo a major transformation in which both sustainability and digitization play crucial roles.
Magyar Telekom is dedicated to maintain it's leading role as a sustainable company and ICT provider. We do more and more to achieve the above and enable more and more people to do so, too.
Therefore, we have long-term goals defined until 2030, which we continuously monitor and adapt to the trends, if necessary.
A catalyst of growth for people, families, communities and businesses, and an accelerator of environment protection.
Our 3 main strategic priorities, in addition to full sustainability compliance are as follows:
- Climate protection
We keep our direct and indirect emissions (scope 1+2) at net zero by an 84% decrease (compared to 2015) , and reduce the part of the emissions of our suppliers and customers attributable to us (scope 3) by 30%.
Our customers to take climate action and reduce emissions by providing ICT services applicable as climate protection (i.e. smart) solutions. At least half of our revenues come from services that support climate protection by 2030.
- Digitization
100% of our customers throughout the country are provided with gigabit access.
6 million people to achieve responsible digital maturity.
- Diversity
100% inclusive workplace.
Our customers with disabilities with 100% accessible UX.
CLIMATE PROTECTION TARGETS
EMISSION DECREASE (2025):
- Keep our direct & indirect emissions (scope 1+2) at net zero by an overall 16% decrease in consumption
- Decrease the emissions of our suppliers and customers attributable to us (scope 3) by at least 20%
- Review the possibility of introducing a "Shadow CO2 Price”
DECREASING OTHERS’ EMISSIONS (SERVICES FOR CLIMATE PROTECTION) (2025):
- At least 20% of our revenues to come from climate protective services
TASKS SUPPORTING CLIMATE GOALS (2025):
- Establish and report on climate risk management process (in line with TCFD)
- Impose internal carbon tax and establish internal carbon market
RESOURCE EFFICIENCY GOALS SUPPORTING CLIMATE GOALS (2024):
- Take back used mobile devices from costumers, 10% increase
- Take back and sustainably manage used CPEs from costumers
- Zero technological waste disposal
- 100% sustainable packaging
EMISSION DECREASE (2030):
- Keep our direct & indirect emissions (scope 1+2) at net zero by 84% decrease compared to 2015
- Decrease the emissions of our suppliers and customers attributable to us (scope 3) by 30%
- Taking the carbon footprint into the process of the choosing suppliers
DECREASING OTHERS’ EMISSIONS (SERVICES FOR CLIMATE PROTECTION) (2030):
- At least 50% of our revenues to come from climate protective services
DIGITIZATION TARGETS:
DIGITIZATION OF HUNGARY (2025):
- 4 million gigabit customers (without regard to type of access)
DIGITIAL INCLUSION & RESPONSIBILITY (2025):
- Reaching more than 4 million people
DIGITIZATION OF HUNGARY (2030):
- Gigabit access available to all of our customers, nationwide 5G coverage
DIGITIAL INCLUSION & RESPONSIBILITY (2030):
- Contribute to 6 million people becoming digitally responsible and included
DIVERSITY & INCLUSION TARGETS:
INCLUSIVE WORKPLACE (2025):
- 100% accessible recruitment process
- Ratio of Female Management: minimum 35%
ACCESSIBLE SERVICES (2025):
- WCAG A or AA standard compliance
INCLUSIVE WORKPLACE (2030):
- Ratio of Female Management: minimum 40%
ACCESSIBLE SERVICES (2030):
- 100% accessible services