Verizon Communications Inc. has announced the close of the U.S. telecommunications industry’s first Green Bond. An amount equal to the net proceeds of the $1 billion offering will be used to fund a variety of new and existing green investments made during the two years prior to the issuance of the Green Bond through the maturity of the Green Bond. A majority of the funds are anticipated to be allocated within three years, supporting Verizon’s long-term commitment to minimize its environmental impact, drive operating efficiencies and benefit the communities it…
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Green America and T-Mobile Push AT&T and Verizon to Match T-Mobile’s 100% Renewable Energy Commitment
Green America congratulated T-Mobile today on being the first telecom company in the U.S. to adopt the RE100 pledge, the company’s commitment to move to 100 percent renewable energy by 2021. T-Mobile is the first of the big four telecom companies in the United States to make such a pledge. Green America’s “Hang Up on Fossil Fuels” campaign, which started in 2017, focuses attention on the enormous amount energy used by the telecom sector and the fact that the biggest companies get the vast majority of their energy from fossil…
Read MoreJohn Legere Throws Down $1.5 million #CleanUpWireless Challenge
T-Mobile recently committed to 100% renewable energy by 2021. They have used this to try and push the other big networks to follow suit. Their lack of action in this direction was deemed not good enough by their CEO and president John Legere. Today, John is throwing down the gauntlet and kicked off the #CleanUpWireless Challenge. T-Mobile have committed $500,000 to a non-profit dedicated to advancing clean energy initiatives. They have also thrown down the challenge to their two biggest rivals. The company stated: “If one of AT&T or Verizon…
Read MoreGoogle advertising row spreads to major US brands
Following many British company pausing their ads on Youtube and Google several large US companies have followed suit. AT&T, Verizon, Johnson and Johnson, Enterprise Holdings and pharmaceutical giant GSK as well as other major U.S. advertisers are pulling hundreds of millions of dollars in business from Google and YouTube. This comes despite Google pledging to ‘raise the bar’ wth regards to its advertising. AT&T’s statement on this reads: “We are deeply concerned that our ads may have appeared alongside YouTube content promoting terrorism and hate. Until Google can ensure this…
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