Colt Technology

Colt Technology, a UK-based Wired Telecommunications Carrier, reported total carbon emissions of approximately 352,635 tonnes CO2e in 2024. This figure includes Scope 1 emissions of 3,881 tonnes CO2e, Scope 2 market-based emissions of 6,941 tonnes CO2e, and Scope 3 emissions of 341,814 tonnes CO2e. In 2023, the company's total emissions were about 390,750 tonnes CO2e, comprising Scope 1 emissions of 4,395 tonnes CO2e, and Scope 2 market-based emissions of 11,893 tonnes CO2e. For 2022, total emissions stood at approximately 332,241 tonnes CO2e, with Scope 1 at 3,950 tonnes CO2e and Scope 2 market-based at 16,648 tonnes CO2e.

Colt Technology has established several climate commitments. The organisation aims for a 47% absolute reduction in Scope 1 and Scope 2 emissions by 2030, using a 2019 baseline, aligning with a 1.5°C global warming scenario. Furthermore, Colt Technology is targeting a 90% absolute reduction in Scope 1 and Scope 2 emissions by 2045 from a 2019 baseline, demonstrating a long-term net-zero commitment. The company also expects a 30% reduction in building energy consumption and CO2 emissions against a 2019 baseline by 2024, through the use of AI for heat and air configuration. Emissions data and targets are sourced directly from Colt Technology Services Group Limited.