19:56:58 EDT Fri 03 May 2024
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BlackBerry Ltd
Symbol BB
Shares Issued 583,226,580
Close 2023-06-22 C$ 6.54
Market Cap C$ 3,814,301,833
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BlackBerry maintains carbon-neutral status

2023-06-23 10:39 ET - News Release

Ms. Neelam Sandhu reports

BLACKBERRY HIGHLIGHTS CONTINUED PROGRESS ON SUSTAINABILITY AGENDA

BlackBerry Ltd. has provided an update on the continued progress it has made on its sustainability agenda, which aligns the company's expertise in embedded Internet of Things and cybersecurity software to the development of a sustainable smart world and advances the United Nations 17 Sustainable Development Goals.

Climate change is one of the most pressing threats to national and global security, and digital transformation can help address it. In line with BlackBerry's commitment to confront climate change, the company has sustained its carbon-neutral status across scope 1, scope 2 and material scope 3 emissions, the three groups that categorize the emissions a company creates, as classified under the Greenhouse Gas (GHG) Protocol corporate standard.

First announced in December, 2021, BlackBerry has maintained this sustainability achievement by:

  • Making more BlackBerry software available in the cloud, including, most recently, the company's industry-leading QNX Neutrino real-time operating system (RTOS) and QNX OS for safety, both of which are heavily used in carbon-intensive industries such as automotive, robotics, medical devices, industrial controls, and aerospace and defence.
  • Encouraging customer adoption of BlackBerry cloud-based solutions, including BlackBerry UEM Cloud, BlackBerry AtHoc and BlackBerry QNX.
  • Reducing direct and indirect emissions across the company's operations by 88 per cent since 2013, across company facilities, energy consumption, business travel, waste management and more.
  • Partnering with Carbonzero, a leader in corporate carbon management strategies and solutions, to identify high-quality, third party verified carbon offset projects to address remaining emissions.
  • Partnering with Coastal First Nations in Canada to reduce logging and increase forestation, mitigating the impacts of extreme weather events and wildfires.
  • Investing in wind farms in the United States, part of the nation's critical infrastructure and providing jobs to local communities.
  • Continued investments in innovative cookstove technology in Rwanda, enabling water security, relieving deforestation pressures, creating jobs and improving urban resilience.

BlackBerry has taken a number of other steps to advance the company's sustainability agenda, including:

  • Partnering with higher-education institutions and governments, such as the University of Waterloo and the National Science Foundation, to develop secure 5G infrastructure, to enable more resilient and efficient connectivity.
  • Joining the Sustainable Purchasing Leadership Council (SPLC), whose mission is to support the transition to sustainable supply chains.

"The security threat of climate change is one of the most critical challenges of our time and we firmly believe that it is our responsibility to take action," said Neelam Sandhu, chief elite customer officer, chief marketing officer, head of sustainability, BlackBerry. "BlackBerry continues to make investments in and progress our sustainability agenda, taking a no-stone-unturned approach to how we can leverage our industry-leading connectivity and security technologies and technical expertise. Technology companies, in collaboration with governments, have a key role in global sustainability and we are committed to continuing to be a leader in advancing how the world lives and works."

"We have been delighted to work with BlackBerry as the company continues to advance its sustainability performance, reduce its GHG emissions and align its carbon offset projects to the United Nations Sustainable Development Goals," said Dan Fraleigh, chief executive officer, Carbonzero. "Their progressive actions demonstrate a deep-rooted commitment to creating a more sustainable and connected world."

"We are proud to welcome BlackBerry to the SPLC community, an innovative company that is leading with its actions and has made commendable progress in its carbon reduction accomplishments," said Sarah O'Brien, CEO, SPLC. "We are happy to bring BlackBerry into the SPLC community which convenes key organizations to amplify meaningful change through collaboration."

About BlackBerry Ltd.

BlackBerry provides intelligent security software and services to enterprises and governments around the world. The company secures more than 500 million end points, including over 215 million vehicles. Based in Waterloo, Ont., the company leverages artificial intelligence and machine learning to deliver innovative solutions in the areas of cybersecurity, safety and data privacy solutions, and is a leader in the areas of end point security, end point management, encryption and embedded systems. BlackBerry's vision is clear -- to secure a connected future you can trust.

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