World Economic Forum Awards Sustainability Leadership at Ericsson USA 5G Smart Factory

October 04, 2021 at 09:35 AM EDT

SOURCE: Ericsson

SUMMARY:

Ericsson's USA 5G Smart Factory in Lewisville, Texas, has been awarded for a second time by the World Economic Forum (WEF) for global leadership in next-generation Fourth Industrial Revolution (4IR) manufacturing. WEF’s Global Lighthouse Network’s (GLN) has designated the facility as a Sustainability Lighthouse in recognition of successful on-site sustainability measures.

DESCRIPTION:

The designation comes just six months after the factory was awarded WEF’s prestigious Global Lighthouse accreditation, for overall next-generation manufacturing leadership.

Ericsson has invested more than USD 100 million at the U.S. 5G Smart Factory, which primarily serves 5G customers in North America. The Sustainability Lighthouse recognition from GLN’s panel of experts highlights several pioneering sustainability achievements at the factory, including:

Ericsson’s greenfield 5G factory is powered 100 percent by renewable electricity from onsite solar and green-e® certified renewable electricity from the utility grid
The smart factory integrates sustainable technologies such as thermal ice storage tanks with the IIoT (Industrial Internet of Things) stack to proactively monitor energy usage
The factory is designed to utilize 24 percent less energy and 75 percent less indoor water usage, avoiding 97 percent operational carbon emission than comparable buildings.
This year it became Ericsson’s first factory globally to achieve LEED (Leadership in Energy and Environmental Design) Gold® certification.

Fredrik Jejdling, Executive Vice President and Head of Networks, Ericsson, says: “Sustainability is key to Ericsson’s values, our customer engagement, our contribution to society and our future as a successful industry leader. Our sustainability commitment covers Ericsson’s end-to-end scope, from R&D through manufacturing, production, supply, deployment and customer services. We will continue to invest in sustainability as we see it as a responsibility as well as a benefit. It is significant that, yet again, the World Economic Forum has singled our USA 5G Smart Factory for its global leadership in Fourth Industrial Revolution manufacturing – this time for its sustainability track record.”

Francisco Betti, Head of Shaping the Future of Advanced Manufacturing and Value Chains, World Economic Forum, says: “As discussed at the Forum’s Sustainability Development Impact Summit last week, increased global concern for environmental impact has made sustainability a must-have to maintain business viability. The Sustainability Lighthouses make it clear that by realizing the potential of 4IR technologies in manufacturing, companies can unlock new levels of sustainability in their operations and explore a win-win solution: greater operational competitiveness while simultaneously making commitments to environmental stewardship, leading in a cleaner, more sustainable future as a result.”

Ericsson continues to invest in the next generation of supply chains through smart manufacturing capabilities in other part of the world, including Estonia, China, and Brazil to ensure close working with customers across the company’s European, Asian and American operations.

Ericsson also supports the 1.5 C° ambition established in the Paris Agreement. To achieve this, the world needs to halve global emissions by 2030 and reach net-zero emissions before 2050.

Digital technologies such as 5G and IoT deployed across a range of industries, such as manufacturing, can help reduce global carbon emissions by up to 15 percent by 2030.

Ericsson’s USA 5G Smart Factory’s sustainability achievements are also highlighted in a new WEF White Paper titled: Global Lighthouse Network: Unlocking Sustainability Through 4IR.

Tweet me: .@Ericsson's USA 5G Smart Factory in Lewisville, TX, has been awarded for a 2nd time by @wef for global leadership in next-generation Fourth Industrial Revolution (4IR) manufacturing. https://bit.ly/3uE7L2w

KEYWORDS: Ericsson, World Economic Forum (WEF), WEF’s Global Lighthouse Network, Sustainability, NASDAQ: ERIC