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European Climate Pact

Overview

Location

Sweden

Sector

Telecommunications and specialised technologies

Organisation type
Business

Company Information

Telia Company AB provides communication services through fixed and mobile communication solutions. It is a public company headquartered in Stockholm, Sweden. In 2021, it reported a total of 20,000 employees and 88.3 billion SEK in revenue.

Our progress towards decarbonization

 

GHG Emissions

North Star

  • Telia Company AB has a target to reduce absolute scopes 1 and 2 CO2e emissions 50% by 2025 from a base year of 2018

Pledge: Have an officially validated short-medium term science-based GHG emissions reduction targets aligned with a 1.5°C scenario (scope 1+2) in line with the SBTi Criteria and Recommendations

MRV: Pact MRV in place

Status date: Submitted (14/07/2022)

Data source: CDP Climate Change 2022

How we want to achieve this – our roadmap

  • Have an initiative in place to drive GHG emissions reduction through energy efficiency in production processes
  • Have an initiative in place to drive GHG emissions reduction through low-carbon energy generation
  • Have scope 1+2+3 GHG emissions verified through a third party verification or assurance process 

MRV: Pact MRV in place

Status date: Submitted (14/07/2022)

Data source: CDP Climate Change 2022

 

Energy

Our actions – the Pathway

  • Have a target to increase renewable energy consumption

MRV: Pact MRV in place

Status date: Submitted (14/07/2022)

Data source: CDP Climate Change 2022

 

Governance & Strategy

Our actions – the Pathway

  • Publicly disclose climate and environmental data to investors and customers through a public platform
  • Have board-level oversight of climate-related issues
  • Have a process for identifying, assessing, and responding to climate-related risks and opportunities
  • Have an employee engagement strategy to support and contribute to achieving the company's climate and environmental goals​​​​​​​​​​​​​​​​​​

​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (14/07/2022)

Data source: CDP Climate Change 2022

 

Value chain engagement

North Star

  • Telia Company AB has a supplier engagement target to get 80.0% of its suppliers by procurement spend to set a science-based emission reduction target

​​​​​​​Pledge: Have a supplier engagement target in order to reduce scope 3 GHG emissions, to get a share of our suppliers by procurement spend set science-based GHG emissions reduction targets in line with the SBTi Criteria and Recommendations

​​​​​​​​​MRV: Pact MRV in place

Status date: Submitted (14/07/2022)

Data source: CDP Climate Change 2022