Tele Columbus AG: Tele Columbus AG makes progress in its sustainability strategy
The rapid roll-out of a comprehensive hygiene concept to prevent infection, which featured extensive remote working and the systematic reduction of physical person-to-person contact, helped to reduce travel significantly, resulting in a 31% decrease in GHG emissions attributable to the company's fleet of vehicles and air travel. In addition, the CO2 emissions in connection with business travel by air were fully offset through carbon credits for the first time in 2020 (-84 tCO2).
In compliance, the measures taken by Tele Columbus to ensure fair supply chains are already in line with the requirements laid out in the German Supply Chain Act. Tele Columbus is dedicated to upholding the United Nations Guiding Principles and requires suppliers to enter into a written commitment upon contract signing to respect relevant environmental regulations and the rights of workers in accordance with the ILO's Declaration on Fundamental Principles and Rights at Work. The standards of the German Supply Chain Act will not become binding for Tele Columbus AG until 2024.
Tele Columbus AG is one of Germany's leading fibre network operators which reaches more than 3 million homes. Via its brand P?UR, the Company, offers high-speed internet including telephony and more than 250 TV channels. All of this via a digital entertainment platform that combines linear TV with video on demand entertainment. To its housing association partners the Tele Columbus Group offers tailored models of cooperation and state-of-the-art services such as telemetric and tenant portals. As a full-service partner for municipalities and regional utilities, the Company is actively supporting the fibre-based infrastructure and broadband internet expansion in Germany. For its business customers the Group offers carrier services and corporate solutions on its proprietary fibre network. Besides its headquarter in Berlin, the Company has locations in Hamburg, Leipzig, Ratingen and Unterf?hring/Munich. Since January 2015, Tele Columbus AG is listed on the regulated market (Prime Standard) of the Frankfurt Stock exchange.
This release may contain forward-looking statements. These statements reflect the Company's current knowledge and expectations and projections about future events. By their nature, forward-looking statements involve a number of risks, uncertainties, assumptions and other factors that could cause actual results or events to differ materially from those expressed or implied by the forward-looking statements. Such risks, uncertainties and assumptions may cause our actual results, performance or achievements to differ materially from those expressed or implied by such forward-looking statements. In light of these risks and uncertainties, the forward-looking events and circumstances discussed in this release may not occur and actual results could differ materially from those anticipated or implied in the forward-looking statements. Accordingly, investors are cautioned not to place undue reliance on the forward-looking statements, which speak only as of the date of this document.
This release contains references to certain non-GAAP financial measures, such as Normalized EBITDA and Capex, and operating measures, such as RGUs, ARPU, and Unique Subscribers calculations. These non-GAAP financial and operating measures should not be viewed in isolation as alternatives to measures of the Company's financial condition, results of operations or cash flows as presented in accordance with IFRS. The non-GAAP financial and operating measures used by the Company may differ from, and not be comparable to, similarly titled measures used by other companies.
All information contained in this release has been carefully prepared. However, no reliance may be placed for any purposes whatsoever on the information contained in this document or on its completeness. No representation or warranty, express or implied, is given by or on behalf of the Company or any of its directors, officers or employees or any other person as to the accuracy or completeness of the information or opinions contained in this document and no liability whatsoever is accepted by the Company or any of its directors, officers or employees nor any other person for any loss howsoever arising, directly or indirectly, from any use of such information or opinions or otherwise arising in connection therewith. The Company does not undertake any obligation to update or revise any information contained in this release, including forward-looking statements, whether as a result of new information, future events or otherwise.
Contact: Leonhard Bayer Senior Director Investor Relations Phone +49 (30) 3388 1781 Fax +49 (30) 3388 9 1999 firstname.lastname@example.org www.telecolumbus.com
29.04.2021 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.The issuer is solely responsible for the content of this announcement.The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Archive at www.dgap.deLanguage: English Company: Tele Columbus AG Kaiserin-Augusta-Allee 108 10553 Berlin
Germany Phone: +49 (0)30 3388 1781 Fax: +49 (0)30 3388 9 1999 E-mail: email@example.com Internet: www.telecolumbus.com ISIN: DE000TCAG172 WKN: TCAG17 Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1190641 ? End of News DGAP News Service