Eltel

Eltel's reported carbon emissions

Eltel, a post and telecommunication services provider headquartered in Sweden, has reported total carbon emissions of approximately 124.5 billion kg CO2e for 2024. This figure encompasses Scope 1 emissions totalling about 14.2 billion kg CO2e, Scope 2 emissions at approximately 2.5 billion kg CO2e (market-based), and Scope 3 emissions amounting to nearly 107.8 billion kg CO2e. The primary contributors to Eltel's Scope 3 emissions in 2024 were purchased goods and services (about 89.3 billion kg CO2e), followed by upstream transportation and distribution (approximately 7.5 billion kg CO2e) and business travel (around 3.3 billion kg CO2e). In 2023, Eltel's total emissions were approximately 126.6 billion kg CO2e, with Scope 1 at about 16.3 billion kg CO2e, Scope 2 at approximately 1.4 billion kg CO2e, and Scope 3 at nearly 108.9 billion kg CO2e. The previous year, 2022, saw total emissions of roughly 108.6 billion kg CO2e, comprising about 16.2 billion kg CO2e for Scope 1, 1.8 billion kg CO2e for Scope 2, and 90.7 billion kg CO2e for Scope 3. Eltel has set ambitious climate commitments, including a Science Based Target initiative (SBTi) approved goal to reduce absolute Scope 1 greenhouse gas emissions by 42% by 2030, using 2021 as a base year. The company also aims to increase its annual sourcing of renewable electricity from 31% in 2021 to 100% by 2030. Furthermore, Eltel has committed to ensuring that 70% of its suppliers, by emissions coverage for specific Scope 3 categories including purchased goods and services, capital goods, upstream transportation and distribution, waste generated within operations, and business travel, will have science-based targets by 2026. Eltel is also working towards reducing absolute Scope 3 emissions by 25% by 2030, from a 2024 base year.