Telefónica
Telefónica, officially known as Telefónica S.A., is a leading telecommunications company headquartered in Madrid, Spain. Founded in 1924, it has grown to become one of the largest operators in the world, with a significant presence across Europe and Latin America. The company primarily operates in the telecommunications industry, offering a diverse range of services including mobile and fixed-line telephony, broadband, and digital solutions. Telefónica is renowned for its innovative products, such as its Movistar and O2 brands, which cater to millions of customers with unique offerings in connectivity and digital services. With a strong commitment to sustainability and digital transformation, Telefónica has achieved notable milestones, including advancements in 5G technology and smart solutions. As a market leader, it continues to shape the future of telecommunications while maintaining a focus on customer-centric services.
DitchCarbon Score
How does Telefónica'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.
Industry Average
Mean score of companies in the Telecommunications Services 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.
Industry Benchmark
Telefónica's score of 96 is higher than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Telefónica's reported carbon emissions
In 2024, Telefónica reported total carbon emissions of approximately 2,237,611,000 kg CO2e globally, with emissions from Spain amounting to about 662,261,000 kg CO2e. The breakdown of emissions includes Scope 1 emissions at approximately 122,874,000 kg CO2e, Scope 2 emissions at about 939,452,000 kg CO2e (location-based), and a significant contribution from Scope 3 emissions, which totalled around 1,962,411,000 kg CO2e. Telefónica has set ambitious climate commitments, aiming to reduce its Scope 1 and 2 emissions by 80% globally by 2030, with a more aggressive target of 90% reduction in its main markets by 2025, using 2015 as the base year. Additionally, the company targets a 56% reduction in Scope 3 emissions by 2030, relative to a 2016 baseline. By 2040, Telefónica aims for net-zero emissions across all scopes, demonstrating a strong commitment to sustainability and climate action. The company is on track to meet its near-term targets, with interim goals including a 90% reduction in operational emissions in key markets such as Spain, Germany, and Brazil by 2025, alongside plans to neutralise residual emissions through nature-based solutions. These initiatives position Telefónica as a leader in the telecommunications sector's response to climate change.
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| 2009 | 2010 | 2011 | 2012 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 114,580,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 1,559,203,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | 00,000,000 | 00,000,000 | 00,000,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Telefónica is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
