Colt Group S.A. Sustainability Profile
Colt Group S.A., commonly referred to as Colt, is a leading provider of high-performance network and communication services, headquartered in Luxembourg (LU). Founded in 1992, Colt has established a strong presence across Europe, Asia, and North America, catering to a diverse range of industries including finance, technology, and telecommunications. Specialising in connectivity, cloud services, and data centre solutions, Colt distinguishes itself through its commitment to delivering low-latency, reliable services tailored to meet the unique needs of its clients. The company has achieved significant milestones, including the expansion of its fibre network and the introduction of innovative solutions that enhance operational efficiency. With a robust market position, Colt Group S.A. is recognised for its exceptional service quality and customer-centric approach, making it a trusted partner for businesses seeking to optimise their digital infrastructure.
DitchCarbon Score
How does Colt Group S.A.'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
Colt Group S.A.'s score of 80 is higher than 86% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Colt Group S.A.'s reported carbon emissions
In 2024, Colt Group S.A. reported total carbon emissions of approximately 352,635,000 kg CO2e, a decrease from about 390,750,000 kg CO2e in 2023. The emissions breakdown for 2024 includes Scope 1 emissions at about 3,881,000 kg CO2e, Scope 2 emissions at approximately 6,941,000 kg CO2e, and significant Scope 3 emissions of around 341,814,000 kg CO2e. Colt Group has set ambitious climate commitments, aiming for a 47% absolute reduction in Scope 1 and 2 emissions by 2030 from a 2019 baseline, which aligns with a 1.5°C climate trajectory. Additionally, the company targets a 28% reduction in Scope 3 emissions within the same timeframe. Long-term goals include achieving a 90% absolute reduction across all scopes by 2045, also from a 2019 baseline. These targets are part of Colt Group's commitment to reach net-zero greenhouse gas emissions by 2045, as validated by the Science Based Targets initiative (SBTi). The company is also focused on transitioning to 100% renewable electricity procurement for all Scope 2 electricity by 2030. Colt Group's emissions data and climate commitments reflect a proactive approach to sustainability, aiming to significantly reduce its carbon footprint in the telecommunications sector.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Scope 1 | 6,773,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 43,841,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 |
| Scope 3 | 495,494,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
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Colt Group S.A.'s Scope 3 Categories Breakdown
Colt Group S.A.'s Scope 3 emissions, which decreased by 9% last year and decreased by approximately 31% since 2019, 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 34% of Scope 3 emissions.
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Colt Group S.A.'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.
Colt Group S.A. 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.
Frequently Asked Questions
Common questions about Colt Group S.A.'s sustainability data and climate commitments