(IN BRIEF) Telefónica has been recognized as the world’s most socially responsible technology company in the first Social Ranking 2024 by the World Benchmarking Alliance (WBA). Out of 173 ICT companies assessed, Telefónica’s strong performance in human rights, decent work promotion, and ethical conduct earned it a leading score of 14 out of 20 points. This achievement, placing Telefónica among the top 20 companies globally out of 2,000 evaluated, underscores its longstanding commitment to sustainability and the UN SDGs. The company’s initiatives aim to maximize positive societal impact and exemplify ethical leadership in the global ICT sector.
(PRESS RELEASE) MADRID, 4-Jul-2024 — /EuropaWire/ — Telefónica has secured the top position as the world’s most socially responsible technology company in the inaugural Social Ranking 2024 by the World Benchmarking Alliance (WBA). Among 173 ICT companies assessed, Telefónica emerged as a leader in respecting human rights, promoting decent work, and maintaining ethical conduct, achieving a commendable score of 14 out of 20 points. This places Telefónica among the top 20 companies globally out of 2,000 evaluated across various social indicators.
The WBA’s Social Ranking underscores the critical role of corporate responsibility in fostering inclusive societal transformation. Telefónica’s commitment to sustainability, aligned with the UN Sustainable Development Goals (SDGs), spans two decades and is integral to its operations and strategic frameworks, including sustainable financing verified by Sustainalytics. The company’s ethos, encapsulated in its mission to “Make our world more humane by connecting people’s lives,” drives ongoing efforts to enhance positive societal impact and set benchmarks for ethical business practices globally.
For more information on Telefónica’s social responsibility initiatives, visit Telefónica.
Telefónica has been committed to sustainability for two decades, and all its actions revolve around the UN SDGs, as is also reflected in its sustainable financing framework, verified by Sustainalytics.
Helping society to prosper and leading by example to maximise positive impact are two of its main lines of commitment to people and the societies in which it operates.
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email: prensatelefonica@telefonica.co
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SOURCE: Telefónica, S.A.
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