We believe that fiber broadband technology is a crucial enabler for climate transition, paving the way for an emission-free society for all. We develop broadband equipment as the interface to people, fostering sustainable living in their homes. We establish invaluable partnerships and become innovators in energy efficiency, making communication solutions accessible and affordable for all. In parallel, we consciously select resources and transition to a circular-focused product line-up strengthening a circular economy.
Genexis is committed to being Net Zero by 2050
We believe that taking responsibility and limiting greenhouse gas (GHG) emissions means setting science-based targets aligned with the Paris Agreement’s goal of limiting global warming to 1.5°C.
Our GHG absolute reduction targets are validated by the SBTi.
Climate change
Climate change is relevant to us because our products contribute to greenhouse gas emissions throughout their lifecycle, 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 associated with powering these networks. Addressing climate change is crucial to mitigate environmental impacts and meet evolving regulatory requirements and customer expectations for lower-carbon technologies.
Climate change achievements
Lower energy use of sold products
For Genexis and many active broadband equipment vendors, the energy use of sold products represents the most significant part of the GHG emissions out of all scope categories. We signed the Code of Conduct on Energy Consumption of Broadband Equipment in 2023. This marks our commitment to abide by the European Commission’s guidelines and lower negative environmental impacts from the energy consumption of our products through best-in-class component selection and efficient ECO modes. In 2023, our energy efficiency was already 8% better compared to 2022, and Genexis performed 23% better than the Code of Conduct allowance targets.
Lower product carbon footprint
At Genexis, we are proactively lowering the carbon footprint of our products by selecting more low-carbon materials, encouraging local material transport without fossil fuel combustion, and prioritizing manufacturing with 100% renewable energy. We aim to increase the number of recycled plastic materials in our products to up to 75% in weight by 2026. Where possible, transition to emission-free transport. We also target at least 80% renewable electricity as an energy source to manufacture our products by 2028.
Zero Scope 1 & 2 emissions
We aim to have zero scope 1 and 2 emissions by 2028. Our offices and leased cars must stop combusting fossil fuels, fully eliminating natural gas, petrol, and diesel consumption. From August 2024, all our offices will source 100% renewable electricity. A few contracts on offices and cars still need to be renewed in the next few years to achieve our target.
Circular economy
The circular economy is relevant to us because our products contribute to the growing issue of electronic waste. Globally, 20-50 million tons of e-waste are generated each year, making it the fastest-growing component of municipal solid waste. Given the short life cycles of electronic products, there is a pressing need for responsible management of end-of-life equipment. By focusing on circular economy principles such as recycling, reusing, and designing for longer product life, we can reduce our environmental impact, manage resource scarcity, and align with growing regulatory and customer expectations for sustainable practices.
Circular economy achievements
Design for circularity
We shall continuously increase the use of eco-design features in products by frequently reporting and assessing our products on circularity principles or regulations and their carbon footprint by aligning with the ISO14064 guideline, eco-certification, scoring systems, or other information requirements recognized in our markets. We design our products with a focus on circularity. We prioritize easier and quicker dismantling of all new products with fewer parts and smart (dis)assembly features without compromising other quality requirements.
Material use
We shall ensure responsible material consumption in our products by measuring, reporting, and increasing the use of more eco-friendly materials (e.g., recovered post-consumer or renewable plastics). We include more and more circular materials, which also reduces the product’s carbon footprint. Besides using recycled plastic input materials, Genexis and its suppliers are also investigating sourcing secondary material streams in electronics.
Packaging
We adopt environmentally friendly and resource-efficient packaging of products and materials and continue our efforts to eliminate plastic from product packaging by 2026 entirely. In 2023, we transitioned to 100% recycled and recyclable brown carton boxes to distribute our products. In 2023, we have already redesigned packaging, increasing up to 78% more products transported per pallet.
