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Public Profile
Telecommunications Services
CO
updated a month ago

Colombia Móvil S.A E.S.P. Sustainability Profile

Company website

Colombia Móvil S.A E.S.P., commonly known as Tigo, is a leading telecommunications provider headquartered in Colombia. Established in 2006, the company has rapidly expanded its operations across major regions, including Bogotá, Medellín, and Cali, positioning itself as a key player in the Colombian telecom industry. Tigo offers a diverse range of services, including mobile and fixed-line telephony, broadband internet, and digital television. Its commitment to innovation and customer satisfaction sets it apart, with unique offerings such as bundled services and competitive pricing. Recognised for its significant market share, Tigo has achieved notable milestones, including the expansion of its 4G network and the introduction of advanced digital solutions. As a trusted brand, Colombia Móvil S.A E.S.P. continues to shape the future of telecommunications in Colombia.

DitchCarbon Score

How does Colombia Móvil S.A E.S.P.'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.

71

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.

36

Industry Benchmark

Colombia Móvil S.A E.S.P.'s score of 71 is higher than 81% of the industry. This can give you a sense of how well the company is doing compared to its peers.

81%

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Colombia Móvil S.A E.S.P.'s reported carbon emissions

Inherited from Empresas Públicas de Medellín E.S.P.

Colombia Móvil S.A E.S.P. currently does not have specific carbon emissions data available for the most recent year, as indicated by the absence of emissions figures. The company is a current subsidiary of Millicom International Cellular S.A., which influences its climate commitments and initiatives. As part of its corporate family relationship, Colombia Móvil inherits climate-related targets and performance metrics from Millicom International Cellular S.A. This includes commitments to the Science Based Targets initiative (SBTi) and participation in the Carbon Disclosure Project (CDP), both of which are aimed at reducing greenhouse gas emissions across their operations. While specific reduction targets for Colombia Móvil are not detailed, the overarching goals set by Millicom International Cellular S.A. guide the subsidiary's climate strategy. These initiatives reflect a commitment to sustainability and reducing carbon footprints in alignment with industry standards. In summary, while Colombia Móvil S.A E.S.P. does not currently report specific emissions data or reduction targets, it is aligned with the climate commitments of its parent company, Millicom International Cellular S.A., and is expected to follow their lead in addressing climate change and reducing carbon emissions.

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201620172018201920202021202220232024
Scope 1
590,694,000
00,000,000
00,000,000
000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
Scope 2
306,841,000
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 3
-
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

How Carbon Intensive is Colombia Móvil S.A E.S.P.'s Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Colombia Móvil S.A E.S.P.'s primary industry is Telecommunications Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Colombia Móvil S.A E.S.P.'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 Colombia Móvil S.A E.S.P. is in CO, which has a low grid carbon intensity relative to other regions.

Colombia Móvil S.A E.S.P.'s Scope 3 Categories Breakdown

Colombia Móvil S.A E.S.P.'s Scope 3 emissions, which increased by 32% last year and increased by approximately 70% since 2017, demonstrating supply chain emissions tracking. Most of their carbon footprint comes from suppliers and value chain emissions, with Scope 3 emissions accounting for 72% of total emissions under the GHG Protocol, with "Use of Sold Products" being the largest emissions source at 98% of Scope 3 emissions.

Top Scope 3 Categories

2024
Use of Sold Products
98%
Fuel and Energy Related Activities
<1%

Colombia Móvil S.A E.S.P.'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.

Colombia Móvil S.A E.S.P. has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. 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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