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Public Profile
Financial Intermediation
SE
updated 10 months ago

Teliasonera Finance Ab Sustainability Profile

Company website

Teliasonera Finance AB, commonly referred to as Telia Finance, is a prominent player in the telecommunications and financial services industry, headquartered in Sweden (SE). Established in 2002, the company has made significant strides in providing innovative financing solutions tailored for the telecom sector, primarily operating across the Nordic and Baltic regions. Specialising in asset financing and leasing, Teliasonera Finance AB distinguishes itself through its customer-centric approach and flexible financial products. The company has achieved notable milestones, including strategic partnerships that enhance its market position and service offerings. With a commitment to sustainability and digital transformation, Teliasonera Finance AB continues to lead in delivering unique financial solutions that cater to the evolving needs of its clients.

DitchCarbon Score

How does Teliasonera Finance Ab's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

99

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

32

Industry Benchmark

Teliasonera Finance Ab's score of 99 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.

99%

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Teliasonera Finance Ab's reported carbon emissions

Inherited from Telia Company AB (publ)

Teliasonera Finance Ab, headquartered in Sweden (SE), currently does not report specific carbon emissions data, as indicated by the absence of emissions figures in kg CO2e. The company is a current subsidiary of Telia Company AB (publ), which may influence its climate commitments and reporting practices. While Teliasonera Finance Ab lacks direct emissions data, it inherits climate initiatives and targets from its parent company, Telia Company AB (publ). This includes participation in the Science Based Targets initiative (SBTi) and the Carbon Disclosure Project (CDP), which are aimed at reducing greenhouse gas emissions and enhancing transparency in climate-related performance. As of now, there are no documented reduction targets or specific climate pledges directly attributed to Teliasonera Finance Ab. However, the overarching commitments from Telia Company AB (publ) may guide its climate strategy and objectives. The company is expected to align with industry standards and best practices in addressing climate change, although specific details on reduction initiatives remain unspecified.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20142015201620172018201920202021202220232024
Scope 1
52,000,000
00,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 2
285,000,000
000,000,000
000,000,000
000,000,000
00,000,000
00,000,000
0,000,000
0,000,000
0,000,000
0,000,000
0,000,000
Scope 3
-
00,000,000
0,000,000
-
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000

How Carbon Intensive is Teliasonera Finance Ab's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Teliasonera Finance Ab's primary industry is Financial Intermediation, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Teliasonera Finance Ab's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Teliasonera Finance Ab is in SE, which has a very low grid carbon intensity relative to other regions.

Teliasonera Finance Ab's Scope 3 Categories Breakdown

Teliasonera Finance Ab's Scope 3 emissions, which decreased by 16% last year and increased significantly since 2015, demonstrating supply chain emissions tracking. Nearly all of their carbon footprint comes from suppliers and value chain emissions, representing nearly all emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 64% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
64%
Fuel and Energy Related Activities
6%
Downstream Leased Assets
4%
Use of Sold Products
2%
Investments
2%
Upstream Transportation & Distribution
1%
Employee Commuting
<1%
Business Travel
<1%
Waste Generated in Operations
<1%
End-of-Life Treatment of Sold Products
<1%

Teliasonera Finance Ab's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

Teliasonera Finance Ab has established climate goals through participation in recognized frameworks and target-setting initiatives. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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