ERICSSON B (FRIA).
ERCB.XETRA | Wireless telecommunications activities
Ericsson B (ERCB.XETRA) is a multinational networking and telecommunications company. It provides a wide range of services, including mobile network infrastructure, fixed broadband, cloud solutions, and software. Ericsson's primary focus is on developing, deploying, and managing telecommunications n...Show More
Better Health for All
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Ericsson demonstrates strong data protection standards by securing third-party access to medical records using isolation technology, as highlighted in a healthcare case study.
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This initiative aims to protect against data breaches within healthcare connectivity solutions.
Fair Money & Economic Opportunity
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No relevant evidence was found in the provided article to assess ERCB.XETRA against the 'Fair Money & Economic Opportunity' value.
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The article explicitly states it does not contain any data relevant to this value.
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Fair Pay & Worker Respect
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No evidence available to assess ERICSSON B (FRIA) on Fair Pay & Worker Respect.
Fair Trade & Ethical Sourcing
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No specific quantitative data was provided across the articles for any of the Fair Trade & Ethical Sourcing KPIs. While Ericsson publishes an annual Conflict Minerals Report and a Modern Slavery and Human Trafficking Statement, and has a Responsible Sourcing program with supplier requirements and audit programs, the articles do not contain the specific numerical evidence required by the rubric's thresholds for fair-trade certification share, audit frequency, forced/child labor incidents within the last three years, traceability coverage, remediation speed, ethical clause coverage in contracts, share of spend on high-risk materials, or supplier diversity spend.
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Honest & Fair Business
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Ericsson paid a $207 million fine in March 2023 related to a bribery case.
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The company has a formal whistleblower policy, including protection against retaliation, and a dedicated 24/7 Compliance Line for reporting concerns, with reports handled by an Allegation Management Office.
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However, there is no evidence of independent investigation processes or details on training frequency, uptake, or resolution times. Despite stating a 'zero tolerance' stance for corruption and referencing a Code of Business Ethics, Ericsson's anti-corruption policies were deemed insufficient, leading to a new settlement and a breach of a Deferred Prosecution Agreement with the US Department of Justice in October 2021 for failing to provide certain documents.
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Allegations include bribery in multiple countries from 2000 to 2016.
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Kind to Animals
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No specific, concrete data points were found in the provided articles regarding Ericsson's performance on any of the 'Kind to Animals' KPIs. The articles primarily focus on environmental sustainability, greenhouse gas emissions, and supply chain management related to human rights, with no explicit mention of animal welfare, animal testing, animal-derived products, or related initiatives.
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No War, No Weapons
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Ericsson aims to ensure that metals in its products do not finance armed groups in the Democratic Republic of Congo (DRC) or adjoining countries, and requires suppliers to avoid entities linked to human rights abuses.
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The company acknowledges its responsibility to respect human rights across the value chain and aligns its activities with the Responsible Minerals Initiative (RMI).
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Responsible sourcing of raw materials is a key part of Ericsson's code of conduct.
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Ericsson expects suppliers to use only smelters certified as conflict-free or provide a phase-out plan.
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Based on due diligence results, suppliers are required to agree on action plans to reduce sustainability risks.
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A small share of tin, tantalum, tungsten, and gold originate from the DRC, and Ericsson aims to continuously increase the percentage of conformant smelters or refiners.
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The company's 5G technology is explicitly described as having a dual-use nature, applicable in both commercial and military contexts.
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Ericsson partners with the Whitaker Peace & Development Initiative (WPDI) to support peacebuilding efforts, providing ICT equipment, connectivity, and training.
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Ericsson states it will not ban material from the DRC but will use traced material that does not contribute to conflict.
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Planet-Friendly Business
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Ericsson's climate action targets, including a 2040 Net Zero target, have been approved by the Science Based Targets initiative (SBTi).
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The company met and surpassed its previous SBTi-approved 1.5°C-aligned targets for 2016-2022.
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In 2023, 62% of Ericsson's energy was purchased from renewable sources, with 67% for electricity.
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Ericsson has committed to transitioning to 100% renewable energy across all its factories by 2023.
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Ericsson Nikola Tesla (a subsidiary) sourced 61.53% of its total energy consumption from renewable sources in 2024 and 100% renewable electricity in Zagreb.
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Ericsson Nikola Tesla's total capital expenditure (CAPEX) is 100% aligned with the EU Sustainable Taxonomy.
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Life-cycle assessments of products are conducted.
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FET (a partner) achieved a recycling rate of over 98% during network modernization, with less than 2% going to landfill.
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Ericsson aims to reach Net Zero emissions across its value chain by 2040.
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Ericsson conducted a climate scenario analysis in line with TCFD recommendations in 2021, focusing on potential climate-related risks and opportunities.
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The 2021 analysis identified potential risks related to carbon pricing and physical risks.
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Ericsson has engaged 350 suppliers, responsible for 90% of its supply emissions, to publish 1.5ºC aligned climate targets.
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Ericsson has a formal zero-deforestation policy with 50-60% implementation. No convictions or fines related to violations of anti-corruption and bribery regulations were reported for Ericsson Nikola Tesla in 2024.
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Ericsson employees are involved in biodiversity restoration in the Igelbäcken nature reserve, and the company pledged to 1t.org to support the goal of conserving, restoring, and helping grow one trillion trees by 2030.
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Respect for Cultures & Communities
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No evidence available to assess ERICSSON B (FRIA) on Respect for Cultures & Communities.
Safe & Smart Tech
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No specific data relevant to the 'Safe & Smart Tech' ethical value or its associated KPIs for ERCB.XETRA was found in the provided articles.
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The articles primarily discuss Ericsson's 5G security strategies, corporate governance, and mobility report forecasts, explicitly stating that no relevant data for the requested metrics is present.
Zero Waste & Sustainable Products
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Ericsson's end-of-life products historically average above 90% recyclability.
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The company aims for plastic-free packaging, with new Ericsson Remote Radio product packaging transitioning from 20% plastic content to less than 1%, and using 99% fiber-based materials.
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This represents a 95% reduction in plastic content for that specific packaging. Ericsson's Product Take Back Program is available in over 180 countries, covering end-of-life equipment.
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The company emphasizes circular economy practices and focuses on upgradable, durable, and repairable products.
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Ericsson has a target to halve emissions by 2030 and achieve Net Zero across its value chain by 2040, which includes removing plastics.
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The company has implemented initiatives such as the Ericsson Connected Recycling (ECR) platform and an e-waste recycling initiative.
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