Fónua embraces environmental transparency by disclosing through CDP.

Dublin, November 16, 2022 – Fónua Ltd. today announced that it has furthered its commitment to environmental transparency by disclosing its environmental impact through CDP, a global non-profit that runs the world’s leading environmental disclosure platform. This is Fónua’s first year disclosing through CDP, where it completed CDP’s Climate Change questionnaire.

Disclosing data around environmental impact is now a business norm. More than 680 financial institutions with US$130 trillion in assets and 280 purchasing organisations representing US$6.4 trillion in procurement spend requested environmental data from companies through CDP. A record 18,700+ companies responded in 2022.

By disclosing through CDP, Fónua is prepared to respond to the increasing demand for environmental transparency from financial institutions, customers and policymakers. In its disclosure, Fónua shared identified risks related to climate change as well as ways in which these are being mitigated.

“Another year of extreme weather, including floods, droughts and record temperatures, has shown us that climate change is already posing a real and increasing risk to companies and their supply chains. Companies have a fundamental role to play in securing a sustainable net-zero, deforestation-free and water-secure world. It is only through measuring their environmental impact, risks and opportunities that they can manage them and prepare for the future. By disclosing through CDP, Fónua has taken a vital first step. I look forward to their continued dedication to transparency and action for the benefit of all people and planet.”

Dexter Galvin, Global Director of Corporations and Supply Chains at CDP.

The full list of companies disclosing through CDP can be accessed here.

About Fónua.

Fónua has over 25 years’ experience in providing market leading end-to-end mobile and consumer electronics solutions. Through their smarter supply chain solutions, that delivers a streamlined and commercially rewarding service for all parties. Fónua’s offerings include: Device ownership & supply chain optimisation, Fónfix mobile phone repair services, fully outsourced category managed accessory solution, mobile device lifecycle management for enterprise, mobile device insurance management service, trade-in schemes and premium pre-owned devices. Fónua rank in the ‘Top 250 Companies’ in Ireland.

About CDP.

CDP is a global non-profit that runs the world’s environmental disclosure system for companies, cities, states and regions. Founded in 2000 and working with more than 680 financial institutions with over $130 trillion in assets, CDP pioneered using capital markets and corporate procurement to motivate companies to disclose their environmental impacts, and to reduce greenhouse gas emissions, safeguard water resources and protect forests. Nearly 20,000 organizations around the world disclosed data through CDP in 2022, including more than 18,700 companies worth half of global market capitalization, and over 1,100 cities, states and regions. Fully TCFD aligned, CDP holds the largest environmental database in the world, and CDP scores are widely used to drive investment and procurement decisions towards a zero carbon, sustainable and resilient economy. CDP is a founding member of the Science Based Targets initiative, We Mean Business Coalition, The Investor Agenda and the Net Zero Asset Managers initiative. Visit cdp.net to find out more.