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 (2021-2030)
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 are committed to reducing our market-based emissions. In 2023, in addition to the SBTi targets, we have extended the commitment to the largest Hungarian subsidiary and to emission sources and greenhouse gases not covered until then. To support our emissions targetes we are striving to implement a circular economy both on the waste and raw material use side. By putting our ICT services in the climate protection toolbox our customers can do their part to reduce emissions.
- Digitization
We are working on the digitization of the country and provide various programs to help people’s digital maturity.
- Diversity
We are striving to create a 100% inclusive workplace and provide a 100% accessible service.
CLIMATE PROTECTION TARGETS
EMISSION DECREASE (2030):
- 80% reduction in Scope 1 and Scope 2 emissions (base year 2015) with net zero CO2e emissions per year
- SBTi emission reduction targets for Magyar Telekom Plc.
DIGITIZATION TARGETS:
DIGITIZATION OF HUNGARY (2030):
- 4,5 million households and businesses to be Gigabit-enabled by 2027
- Acieve 99% outdoor 5G population coverage by 2026
- Provide various programs to support digital maturity
DIVERSITY TARGETS:
INCLUSIVE WORKPLACE (2030):
- Ratio of women in management to reach minimum 40%
Accessible services (2030)
- 100% accessible services