IHS Towers announces Carbon Reduction Roadmap
IHS Towers formalises its place in the growing list of towercos committed to tackling the industry’s growing carbon footprint
IHS Towers have released their carbon reduction roadmap including a commitment of US$214mn by 2024 under Project Green. Long an investor in green solutions, the 10th largest towerco in the world's Project Green formalises its place on the list of international towercos that have committed to tackling their carbon emissions footprint as ESG becomes a core part of the tower industry.
About the Carbon Reduction Roadmap
IHS Towers has announced its carbon reduction roadmap, a comprehensive strategy for decreasing Scope 1 and 2 emissions by 50% by 2030. The towerco expects to spend US$214mn by 2024 under Project Green, the next significant step its roadmap, and to deliver annual Recurring Levered Free Cash Flow (FLFCF) savings of US$77mn in 2025.