WEtell

One year after its foundation, the time had come

WEtell was on the market and got off to a brilliant start in the mobile phone industry. However, they not only kept their promise to their customers, but also went one step further. Just three months after the market launch, they began setting up solar installations in Germany together with the green search engine Ecosia. The first plants were built in Aue, Saxony. With a capacity of 570kWp, these systems produce enough electricity to supply around 190 four-person households. Because digital and remote communication consume a lot of electricity and therefore produce a lot of CO2, WEtell is counteracting this by tackling the root of the problem and not only offsetting_CO2, but also making sure that it is not produced in the first place. However, where_CO2 is unavoidably produced, they recover the emissions through biochar projects.

Another key aspect of WEtell's corporate model is that it is a so-called responsibly owned company . This means that it has a special ownership structure that ensures that the financial interests of owners, investors or speculators do not jeopardise the long-term goals and values of the company. In this model, the company practically belongs to itself and decisions may only be made by the people who actually work in the company. Surpluses flow back into the company and not into private profit maximisation. For WEtell, the so-called "Economy for the Common Good" (GWÖ), an economic system geared towards well-being and sustainability, is of course also extremely exciting at this point: "Since the company was founded, it was clear to us that we wanted to be a values-based company. As a sustainable mobile phone provider, we focus on climate protection, data protection, fairness and transparency. For us, becoming part of the Economy for the Common Good means being able to anchor these values even more firmly and make them more transparent," - says Nico Tucher, one of the founders.