Infinera’s Commitment to Emission Reduction Validated by Science Based Targets initiative

SAN JOSE, Calif. -- Infinera (NASDAQ: INFN) announced today that its greenhouse gas (GHG) emission reduction targets have been validated by the Science Based Targets initiative (SBTi). This third-party validation reinforces Infinera’s commitment to promoting sustainability in the telecommunications industry through energy-efficient optical networking solution design and environmental, social, and governance (ESG) initiatives. SBTi is a corporate climate action organization that enables companies and financial institutions worldwide to play their part in combating the climate crisis.

SBTi’s Target Validation Team has classified Infinera’s Scope 1 and Scope 2 target ambitions as in line with keeping global warming to 1.5°C in accordance with the Paris Agreement. SBTi validates that Infinera’s 1.5°C-aligned target is currently the most ambitious designation available through SBTi’s evaluation process. Infinera’s targets as verified by SBTi include:

A commitment to reduce absolute Scope 1 and Scope 2 GHG emissions by 85 percent by 2030 from a 2020 base year. A commitment to reduce absolute Scope 3 GHG emissions by 25 percent within the same timeframe. Infinera is making significant progress in minimizing its carbon footprint, having reduced Scope 1 and 2 GHG emissions by 75 percent since 2020. The company also confirmed it is using renewable energy in over 80 percent of its Tier 1 and Tier 2 sites.

“SBTi’s validation marks another milestone in Infinera’s long-held sustainability journey, reflecting our ongoing dedication to developing optical networking solutions that offer our customers the lowest power consumption per bit to reduce the environmental impact of telecommunications networks,” said David Heard, CEO at Infinera. “We greatly appreciate our partnership with SBTi to set effective targets that prioritize our planet’s long-term sustainability while enabling a connected future.”

SBTi is a partnership between CDP, the United Nations Global Compact, the World Resources Institute (WRI), and the Worldwide Fund for Nature (WWF). Visit this link for more information on SBTi and participating companies.