AT&T and L&T Technology Services Collaborate to Accelerate Solutions to Address Climate Change
23 Februar 2024 - 5:00AM
Business Wire
Pioneering solutions that pair connectivity
with engineering expertise to reduce emissions
L&T Technology Services Limited (BSE: 540115, NSE: LTTS), a
prominent global digital engineering and R&D services company,
and AT&T, one of the largest telecommunications companies
worldwide, today announced a strategic alliance aimed at curbing
global emissions. This groundbreaking collaboration will utilize
the combined resources and expertise of both companies to develop
advanced solutions that can significantly reduce environmental
impact.
As part of this collaboration, LTTS will participate in
AT&T’s Connected Climate Initiative (CCI), a collaborative
effort that works on connectivity-based solutions to reduce
greenhouse emissions by 1 gigaton by 2035. The effort brings
together a diverse group of organizations to unleash the power of
connectivity solutions, including the Internet of Things (IoT),
fiber, 5G, and edge computing, to reach this goal. As a participant
in the CCI, LTTS will collaborate with AT&T to work toward the
collective emissions reduction commitment and help enable companies
to make sustainable business decisions.
“Armed with AT&T's formidable telecommunications
infrastructure and our own deep-seated expertise in engineering
DNA, we are poised to make substantial strides towards a future
less dependent on carbon,” said Alind Saxena, President, Sales
and Executive Director at L&T Technology Services (LTTS).
“This collaboration is a pledge to the planet. We're not just
developing technologies - we're crafting a sustainable legacy, one
that significantly reduces our environmental footprint."
For L&T Technology Services (LTTS), sustainability
transcends the realm of mere commitment; it forms an integral part
of the organizational ethos, deeply embedded in all their actions.
The company offers an extensive suite of sustainability services
that encompasses a wide range of solutions, all meticulously
designed to mitigate environmental impact and drive positive
change.
LTTS' offerings span from green engineering solutions and energy
management strategies to waste reduction initiatives and community
engagement programs. These solutions empower organizations to
integrate sustainability into every facet of their operations. With
a keen focus on innovation and collaboration, LTTS guides its
global customers through the complexities of sustainability,
equipping them to attain their environmental and social objectives
while ensuring business success.
LTTS will work with AT&T to deliver a suite of cutting-edge
services designed to leverage AT&T connectivity to help
companies achieve emissions reduction targets. Examples of this
collaboration include:
- Developing engineering and connectivity solutions that are
geared towards driving digital transformation for a greener future
across various industries
- gEdge, a scalable, ready-for-implementation immersive data
center-in-a-box solution
- i-BEMS, an energy-efficient building automation framework
- Design and engineering for renewable energy utilizing
connectivity to enhance reliability and efficiency of energy supply
to the network grid
- Engineering and connectivity solutions focused on accelerating
cleaner, sustainable energy such as green hydrogen
- Carbon sequestration technology and connectivity-enabled
measurement and verification platforms
“As we work towards achieving the Gigaton goal, we know that
it's collaborations like this one, combining our respective
resources and expertise, that will help us get there,” said
Shannon Carroll, AVP of Global Environmental Sustainability at
AT&T. “Together with LTTS, we're committed to create a more
sustainable tomorrow."
About AT&T
We help more than 100 million U.S. families, friends and
neighbors, plus nearly 2.5 million businesses, connect to greater
possibility. From the first phone call 140+ years ago to our 5G
wireless and multi-gig internet offerings today, we @ATT innovate
to improve lives. For more information about AT&T Inc.
(NYSE:T), please visit us at about.att.com. Investors can learn
more at investors.att.com.
About L&T Technology Services Ltd
L&T Technology Services Limited (LTTS) is a listed
subsidiary of Larsen & Toubro Limited focused on Engineering
and R&D (ER&D) services. We offer consultancy, design,
development and testing services across the product and process
development life cycle. We also have more than 100 labs dedicated
to R&D and Engineering, 20 + labs specifically for
Sustainability and Innovation. Our customer base includes 69
Fortune 500 companies and 57 of the world’s top ER&D companies,
across industrial products, medical devices, transportation,
telecom & hi-tech, and the process industries. Headquartered in
India, we have over 23,200 employees spread across 22 global design
centers, 28 global sales offices and 105 innovation labs as of
December 31, 2023.
For more information, please visit https://www.LTTS.com/
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240222019042/en/
Media Contact: Aniruddha Basu L&T Technology Services
Limited E: Aniruddha.Basu@Ltts.com
Anindita Sarkar L&T Technology Services Limited E:
Anindita.Sarkar@Ltts.com
AT&T (NYSE:T)
Historical Stock Chart
Von Apr 2024 bis Mai 2024
AT&T (NYSE:T)
Historical Stock Chart
Von Mai 2023 bis Mai 2024