LONDON, Oct. 25, 2022 /PRNewswire/ -- BAI Communications (BAI), a global shared communications infrastructure provider, strengthened its commitment to build a more equitable future for present and upcoming generations by sharing environmental, social and governance (ESG) targets for the first time in our first sustainability report titled Creating our sustainable future today. In a year of accelerated growth and transformation, as an industry leader, we continue to build our vision of connecting places to create smart communities while committing to design, build, and deploy products and services in a sustainable way.
BAI's ESG framework is based on an evolving vision to connect communities via providing resilient infrastructure and services; to maintain ethical operations and supply chain; a vision for responsible climate action; and positive action in inclusion, diversity, and equality.
We outline this vision in five commitments throughout the report which will drive our ESG journey across all BAI Group companies. These commitments align with five of the 17 Sustainable Development Goals (SDGs) where we believe we can contribute more to drive a positive societal and environmental change, and for the first time we have incorporated ESG targets into our business strategy.
Igor Leprince, Group Chief Executive Officer at BAI said: "Our ESG framework and first sustainability report not only reflect our vision to deliver advanced connectivity that can transform lives, power business ambitions, and shape the smarter communities of the future, but also show our commitment to do so responsibly. I am excited for BAI to join an ever-growing movement of businesses, operators and governments working together to solve local and global issues through the deployment of technology, seeking to improve communities and the environment we all depend on."
"BAI's outstanding growth and delivery on our strategy in the past year is the result of highly committed employees in every region where we operate, who also want to make a difference in ESG. We are confident and excited to continue integrating sustainable business practices to help shape the smarter communities of the future," he continued.
This report shares BAI's commitments in the form of 23 ESG targets requiring ongoing action that support five priority SDGs: SDG8 Decent work & economic growth; SDG10 Reduced inequalities; SDG13 Climate action; SDG9 Industry innovation and infrastructure; and SDG11 Sustainable cities and communities. The report also highlights BAI's progress to-date, with key milestones including:
The company began submitting its ESG performance in 2018 to the Global Real Estate Sustainability Benchmark (GRESB), a global ESG benchmarking organisation that validates, scores, and independently benchmarks ESG data. Since then, it has been utilising the results to identify and implement improvements, demonstrating year on year progress. In October 2021, after conducting a materiality assessment, BAI joined the United Nations Global Compact (UNGC), the world's largest global corporate sustainability initiative, and is committed to a principled-based approach to doing business, in alignment with UNGC's 10 universal sustainability principles (Ten Principles).
To download the Creating our sustainable future today report visit BAI Communications here.
About BAI Communications
BAI Communications is a world leader in shared communications infrastructure, pioneering solutions that empower our customers to advance their services, accelerate their networks and amplify their reach in the most efficient and cost-effective ways possible. Having long been at the forefront of network advancement, BAI is harnessing fibre, spearheading the transition from 4G/LTE, accelerating 5G and preparing for 6G – and beyond. We collaborate closely with our customers in telecommunications, government, transit, enterprise, broadcasting and venues to realise their communications vision, focusing not just on the immediate future, but on the possibilities that exist over long-term partnerships. Our global operations span the United States, the United Kingdom, Ireland, Italy, Hong Kong, Canada and Australia. Our BAI Group companies include Mobilitie, Signal Point and Transit Wireless in the United States, and Vilicom in the United Kingdom and Ireland. Together, we're creating smarter communities for all.
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