u-blox Demonstrates Commitment to Sustainability with Publication of 2023 Report

Thalwil, Switzerland - March 14, 2024 - u-blox SIX:UBXN, a leading global company specializing in positioning and wireless communication technologies and services, has marked a significant advancement in its sustainability endeavors by releasing its 2023 Sustainability Report. Prepared in line with the Global Reporting Initiative (GRI) Standards, the report underlines the company's progress and dedication towards environmental and social responsibility.

Comprehensive Reporting Based on GRI Standards

The GRI Standards provide a framework for companies to disclose their impacts on the economy, environment, and society. U-blox's adherence to these standards demonstrates transparency and a structured approach to reporting its sustainability initiatives. The report includes in-depth details on the company's strategies and performance, offering stakeholders a clear view of its commitments and the actions taken to achieve them.

Technological Giants Also Prioritize Sustainability

u-blox is not alone in its sustainability efforts. Other major players in the tech industry, such as Alphabet Inc. GOOG, have been focusing on similar initiatives. Alphabet, known for being the parent company to Google and other subsidiaries, remains a significant force in technology, ranking among the largest and most valuable companies globally. Similarly, Meta Platforms, Inc. META, known for connecting people through various digital platforms and devices, has made significant strides in integrating sustainable practices into their operations and corporate strategies.

The Role of Sustainability in Today's Investment Climate

Investors are increasingly factoring in environmental, social, and governance (ESG) aspects when making investment decisions. In the investment spectrum, sustainability reports such as the one published by u-blox serve as critical tools for potential and current investors, ensuring they are well-informed on the ESG performance of the firms they are vested in, including in emerging sectors like cryptocurrency CRYPTO:CDT.

u-blox, Sustainability, GRI