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    SCMN   CH0008742519

SWISSCOM AG

(SCMN)
  Report
Delayed Swiss Exchange  -  11:31 2022-11-25 am EST
505.60 CHF   -0.16%
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Swisscom : to take additional measures to save energy

09/30/2022 | 04:14am EST

Saving energy

Swisscom to take additional measures to save energy

Swisscom has long been one of the most sustainable companies in Switzerland thanks to wide-ranging efforts on many different fronts. According to the World Finance Sustainability Awards 2022, Swisscom is also the most sustainable telecommunications company in the world. In the past six years alone, Swisscom has increased its energy efficiency by 45 percent, thus preventing approximately 90 GWh of additional energy consumption. The company is now joining the Energy Saving Alliance of the Federal Department of Environment, Transport, Energy and Communications (DETEC) in order to avert the impending energy crisis this coming winter.

Swisscom is joining DETEC's Energy Saving Alliance. Together with other Swiss companies, it is supporting the energy-saving measures to ensure security of supply in winter 2022/23. As part of the initial phase, the company plans to implement swift measures at its office buildings and Shops, in particular. By November, for example, it will gradually reduce indoor and outdoor lighting as far as possible in the evening hours and at night in all Shops and office buildings. It will also lower the room temperature in all buildings to a maximum of 20C and educate employees and customers on simple and efficient energy-saving measures. Additional measures are under consideration, including a temporary closure of office locations or energy-saving adjustments to the network and IT infrastructure. Swisscom is also in discussions with the relevant authorities to determine whether and in what form it can support electricity generation in winter with its emergency power generators.

A long-standing commitment to sustainability

Swisscom has been focused on improving its energy efficiency for many years. It has been operating its entire network using completely renewable solar, wind and hydro power for more than ten years. The company now produces around 3 GWh of electricity with its 87 photovoltaic systems, which is equivalent to the electricity consumption of around 800 Swiss households. In addition, innovative cooling concepts using rainwater and air circulation ensure the energy-efficient operation of Swisscom's data centres. Thanks to a district heating network, the waste heat from these data centres also helps to heat the living rooms of many Swiss households.

Contact us Media Relations

media@swisscom.com
Tel. +41 58 221 98 04

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Disclaimer

Swisscom AG published this content on 30 September 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 September 2022 08:13:03 UTC.


ę Publicnow 2022
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Analyst Recommendations on SWISSCOM AG
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Financials
Sales 2022 11 069 M 11 695 M 11 695 M
Net income 2022 1 517 M 1 603 M 1 603 M
Net Debt 2022 7 601 M 8 031 M 8 031 M
P/E ratio 2022 17,2x
Yield 2022 4,39%
Capitalization 26 191 M 27 674 M 27 674 M
EV / Sales 2022 3,05x
EV / Sales 2023 3,03x
Nbr of Employees 19 033
Free-Float 49,0%
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Technical analysis trends SWISSCOM AG
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Mean consensus HOLD
Number of Analysts 20
Last Close Price 505,60 CHF
Average target price 511,84 CHF
Spread / Average Target 1,24%
EPS Revisions
Managers and Directors
Christoph Aeschlimann Chief Executive Officer
Eugen Stermetz Chief Financial Officer
Michael Rechsteiner Chairman
Barbara Frei-Spreiter Director
Frank Esser Vice Chairman
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