OUR COMPANY OUR G OVERNANCE OUR PE OPLE OUR C OMMUNITIES THE E NVIRONMENT THE NUMBERS A ND SMALL PRINT 100% Renewable Electricity. Check. Our energy reduction and efficiency measures are c omplemented by our commitment to source 100% of our electricity from renewable energy, a goal we achieved in 2021 despite our historic merger that significantly expanded our electricity needs. By using electricity generated from the wind and sun, w e are powering our operations with clean energy sources that will never run out and do not release harmful GHGs into the atmosphere as they generate electricity. To help reach our goal we invested in nine large-scale w ind and solar farm projects across the country that are contracted to provide us with approximately 3.4 million MWh of renewable energy per year. These investments are a shining example of how we use our purchasing power for good, driving demand for clean energy and bringing more renewable energy to more local grids across the nation. As of 2021, our renewable energy portfolio included e ight virtual Power Purchase Agreements (PPAs), one Green Direct program, 19 retail agreements, community solar projects, and unbundled Renewable Energy Certificates that support projects across the country―that’s enough wind and solar power annually to account for every unit of electricity we consumed! Moving forward, we plan to invest in and add more renewable energy projects to our portfolio to match our electricity needs. Community Solar Across the Country We’re ramping up investments in community solar projects across the country. These projects help generate clean energy flowing to local electric grids, which reduces the use of fossil fuels and lowers emissions in the community. When T-Mobile subscribes to community solar projects, we benefit by receiving renewable energy credits that reduce our electricity cost each month, while supporting the renewable energy entering the grid—a win for the business, for clean energy, and the communities it serves. In 2021, we signed 37 community solar projects w hich represent greening local energy grids with more than 2.1 million MWh over 25 years in Maine, Massachusetts, Minnesota, New York, Colorado, and Oregon. IN CONVERSATION WITH SAM KIMMINS, DIRECTOR OF ENERGY, CLIMATE GROUP RE100 is a global initiative bringing together the w orld’s most influential businesses committed to 100% renewable electricity. Led by Climate Group, i n partnership with CDP , its mission is to drive change t oward 100% renewable grids, both through the direct investments of its members, like T-Mobile, and by working with policymakers to accelerate the transition to a clean economy. Q. Why is it so important for the telecommunications i ndustry to be a part of the renewable energy conversation? The telco industry has a crucial role to play in this transition owing to the vast amounts of electricity consumed through its day-to-day operations. As critical national infrastructure suppliers, telco businesses have a substantial and authoritative voice when it comes to communicating the need to do more to update our energy markets and supply infrastructure to facilitate investment in cheap, clean renewables. Q. How significant is this type of achievement when it comes to global efforts to combat climate change? The value of a public commitment from companies such as T-Mobile cannot be understated. It enables T-Mobile, and companies like it, to add their weight to the overall membership advocating for change. The electricity consumption of RE100 members is now greater than that of the U.K., at over 380+ TWh per year, meaning that when our members all achieve their RE100 goals, that’s the equivalent of a country going 100% renewables. This is not only good for the planet; the increasing scale of corporate renewables investment is rapidly bringing down renewable energy costs for the benefit of all. Q. Apart from reducing energy consumption through efficiency measures and maintaining the RE100 commitment going forward, what more can companies do to show leadership in transforming the renewable energy sector? There are two major areas that businesses can focus on beyond their own commitments. Firstly, corporations can advocate for better access to renewable energy. Making the case for a level playing field by guaranteeing your purchase of renewables should they become available is a big contributor to helping a country gain access to more renewables while bringing down costs. Secondly, it’s looking beyond your scope 1 and 2 GHG emissions to those in your supply chain―scope 3 GHG emissions. While the RE100 commitment only covers those emissions directly produced by a company, many members are going above and beyond by looking at those indirect emissions. Q. What do rising energy costs mean for RE100 m embers looking to source a reliable supply of electricity at a stable cost? By making the switch to renewables, companies are helping to mitigate the potential for future price fluctuations in the long term and ideally delivering business savings. Energy Management Continued 2021 CORPORATE RESPONSIBILITY REPORT 57