Climate change is a key concern for Genexis, as our products cause greenhouse gas emissions throughout their lifecycle. This occurs mainly through energy consumption during its use phase and raw material supply in production.
The telecom industry is energy-intensive, and as global demand for broadband increases, so does the carbon footprint of powering these networks. Addressing global warming is crucial in strengthening business resilience, meeting evolving regulatory requirements and customer expectations for low-carbon technologies.
Reducing the product carbon footprint
In our upstream value chain, we are proactively working to reduce the carbon footprint of our products by shifting to low-carbon materials, prioritizing manufacturing with 100% renewable energy, and encouraging decarbonization of local transport. We aim to use over 75% recycled plastic (by weight) in our products by 2026. By 2028, we target at least 80% renewable electricity as the energy source for product manufacturing.
Own operations – becoming net zero
Genexis’ mission is to fully decarbonize its operations by eliminating all our scope 1 and 2 emissions by 2028. This includes energy use in all our facilities and fleets. We will soon stop combusting fossil fuels, including natural gas to heat our offices, or petrol and diesel for leased cars. From January 2025, all our offices are sourcing 100% renewable electricity, achieving zero scope 2 market-based emissions. Over the next few years, we plan to renew the remaining contracts on our facilities and fleet to achieve this goal.
Creating energy-efficient products for all
For broadband equipment vendors, energy use during the product lifecycle is often the largest source of downstream emissions. As signatory of the Code of Conduct on Energy Consumption of Broadband Equipment since 2023, Genexis is committed to following the European guidelines maximizing energy efficiency of our products through best-in-class components and efficient ECO modes. In 2023 and 2024, our products were respectively 8% and 4% more energy-efficient, compared to previous years. In 2024, Genexis performed 25% better than the Code of Conduct’s allowance targets.