10 July 2024 | London     

Today Boldyn Networks (Boldyn) released its 2024 Sustainability Report: Unlocking the power of an interconnected future: driving sustainable change together. The report details the important progress the company has made towards its key environmental, social and governance (ESG) targets. Since it officially became Boldyn Networks in June of last year, the company has continued to integrate its extensive expertise as a leading neutral host provider to create sustainable connectivity solutions.

“At Boldyn, we’re all about sustainably and responsibly creating innovative network solutions that reimagine how people live, work and play. Delivering a better planet for generations to come. Our ESG vision and targets reflect our business purpose and our progress towards five of the UN’s Sustainable Development Goals. And we work together with our customers who share our commitment to sustainability,” said Igor Leprince, Group CEO of Boldyn Networks.

Boldyn’s ESG strategy is about pursuing responsible economic growth through ethical operations; reimagining a world where everyone can thrive and succeed; connecting communities and places into the future with resilient infrastructure and services; and reimagining a sustainable future through responsible climate action. For Boldyn, connecting the world means making the future better - for everyone.

With the support of its majority investor Canada Pension Plan Investment Board, minority investors, and a highly committed Board, the report shows the progress of Boldyn Networks in making digital connectivity the status quo in the form of 40 ESG targets driving its actions this year. Notable progress includes:

• A UK-focused Scope 3 emissions pilot to enable the delivery of an ambitious, yet achievable carbon reduction strategy.
• The expansion of its Positive Leaders Programme into an all-staff accessible training module on psychological safety in the workplace.
• The launch of the Bold Women and Allies initiative to spearhead progress towards gender parity. Boldyn’s overall workforce is 30% female, exceeding its 2023 target of 26% and meeting its 2025 target ahead of time.
• Measurable projects to interconnect communities and places into the future like Rome5G, bringing advanced connectivity to Italy’s capital; LinkNYC the largest free public Wi-Fi network in the US; working with Sunderland to build UK’s smartest city; as well as connecting underserved businesses and communities in the US Bay Area.
• Boldyn’s safety and wellbeing score for 2023 increased to 91% -from 87% the previous year-  and sustainability and corporate responsibility was scored at 84%.
• Boldyn’s employees continue to show their commitment to the company’s success, with a 94% participation in the internal engagement survey and an engagement score of 81% in 2023. This surpassed the global benchmark of 72%.

“We’ve made substantial progress since we launched our first annual Sustainability report as Boldyn Networks. Our unwavering commitment to digital inclusion and environmental sustainability drives us to continue to deliver impactful connectivity solutions for communities across the globe,” said Brendan O’Reilly, Group COO of Boldyn Networks and ESG sponsor.

In 2024 Boldyn acquired Edzcom, Cellnex’s private networks business unit, and Apogee Telecom. The contribution of these two businesses to Boldyn’s ESG targets will be reflected in its 2025 Sustainability report.