GlobalData offers a comprehensive analysis of Telia, providing key insights into its Environmental, Social, and Governance(ESG) factors. By closely monitoring and aggregating mentions of climate change and associated ESG keywords, GlobalData delivers valuable information on Telia’s ESG performance. GlobalData’s company profile on Telia offers a 360-degree view of the company, SWOT analysis, key financials, and business strategy including insights on ESG implementation among other information. Buy the report here.

Telia, a telecommunications company, has set a target for net zero by 2040. The company has set ambitious goals to be achieved by 2030. These include achieving a climate-neutral value chain by at least halving emissions and offsetting the remaining impact, with the base year for measurement being 2018. Additionally, the company aims to reduce carbon dioxide equivalent (CO2e) emissions (Scope 1 and 2) in its operations by 90%.

As of 2022, the company has made significant strides towards its 2030 goals, actively addressing environmental impact. Notably, a 7% reduction has been accomplished in emissions related to purchased goods/services and capital goods (Scope 3 - Categories 1 and 2) since 2018. From 2020 and onwards, the company has also ensured that 100% of business travel emissions (Scope 3-category 6) are offset through carbon offsetting initiatives. Furthermore, the company has achieved climate neutrality in Scope 1 and 2 emissions. In terms of its own operations, there has been an impressive 85% reduction in carbon dioxide equivalent (CO2e) emissions. In terms of emission, the company's direct emissions (scope 1), indirect emissions (scope 2, market-based) & indirect emissions (scope 2, location-based) were 6, 3, & 79 ktCO2e respectively.

The company has taken steps to manage its power consumption by decommissioning legacy networks and modernizing sites. It also aims to use renewable electricity for its operations and is exploring alternatives to fossil-based energy sources. Telia has implemented initiatives to reduce emissions, such as promoting the reuse and recycling of network equipment and offering products and services that enable customers to reduce their own emissions. The company has also made investments in energy-efficiency measures and the development of new products and offerings.

In conclusion, Telia has set net-zero targets and has taken steps to reduce its emissions and promote sustainability. The company is focused on managing its power consumption, using renewable electricity, and offering products and services that help customers reduce their emissions. Telia recognizes the importance of addressing climate change and is committed to transitioning to a low-carbon economy.

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