Document properties  Print this page
Document propertiesX
Title:Forum ETHIBEL’s Register committee: European telecomm companies in an information society
Date of publishing:February 19, 2018
Hits:1929
Category:News

Forum ETHIBEL’s Register committee: European telecomm companies in an information society
February 19, 2018

 

The board of directors approved the decisions made on 15 December 2017. During this last session of 2017, 8 sectors were assessed. One was Telecommunication EU, a sector characterized by changes in the use of services. The increasing demand for connectivity and data and the expansion of e-commerce are just a few examples that show the importance of internet and mobile data services.

In this ‘Information Society’, the sector faces two major challenges. On one hand, cyber-attacks and information leakage pose great danger to telecommunication companies:  This industry is one of the biggest targets of these attacks because they build, control and operate critical infrastructure that is widely used to communicate and store large amounts of sensitive data.

At the same time, consumers are increasingly aware of the importance of data privacy and the necessity to protect online information. Customers are better informed and therefore become more demanding. Customer’s experience and responsible customer relations have been identified as a strategic priority.

The register committee-members highly value net neutrality. According to this principle, internet providers must treat all traffic on the internet equally – regardless who the sender or recipient is - in order to maintain an ‘open internet’. The opposite would be a ‘closed internet’ in which providers restrain access to content, filter content or slow down access to specific web services. In order to have faster or better access, one would then have to pay (extra).

In December 2017, in the US, the Federal Communications Commission (FCC) repealed the net neutrality regulations. This implies that providers are allowed to decide on the access and priority of certain services. So far, there are no plans to eliminate net neutrality in Europe.

 

Other sectors that have been reviewed at the register committee session of December 2017:

Europe:

  • Forest products and paper
  • Mining and Metal
  • Home construction

North-America

  • Forest products and paper
  • Telecommunication
  • Luxury goods & cosmetics
  • Oil and equipment

 

 

Forum ETHIBEL promotes sustainable investment. As an independent and non-profit organisation, we award quality marks to sustainable financial institutions and products. We also advise (public) investors who want to give their capital a responsible environment. Our ultimate goal is to increase transparency and to advance the transition towards a sustainable economy.