Eunetworks Sustainability Profile
Eunetworks, a leading provider of high-performance connectivity solutions, is headquartered in Great Britain and operates extensively across Europe. Founded in 2001, the company has established itself in the telecommunications industry, focusing on delivering innovative network services tailored for businesses and enterprises. Eunetworks offers a range of core products, including fibre-optic connectivity, cloud services, and managed network solutions, distinguished by their reliability and scalability. The company’s commitment to quality and customer service has positioned it as a trusted partner for organisations seeking robust digital infrastructure. With a strong market presence and a reputation for excellence, Eunetworks continues to achieve significant milestones, enhancing its portfolio to meet the evolving demands of the digital landscape.
DitchCarbon Score
How does Eunetworks'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
Eunetworks's score of 50 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Eunetworks's reported carbon emissions
In 2023, euNetworks Group Ltd reported total carbon emissions of approximately 61,023,000 kg CO2e. This figure includes 82,000 kg CO2e from Scope 1 emissions, which encompass direct emissions from owned or controlled sources, and 31,000 kg CO2e from Scope 2 emissions, related to indirect emissions from the generation of purchased electricity. The majority of their emissions, about 60,910,000 kg CO2e, fall under Scope 3, which includes emissions from the entire value chain, such as purchased goods and services. The company has set ambitious targets to reduce its carbon footprint. euNetworks aims to achieve a 46% reduction in Scope 1 and Scope 2 emissions by 2030, using 2019 as the baseline year. This target has been validated by the Science Based Targets initiative (SBTi) and is aligned with the goal of limiting global warming to 1.5°C. Additionally, euNetworks plans to measure and reduce its Scope 3 emissions as part of its commitment to sustainability. In terms of specific initiatives, euNetworks is committed to mitigating 100% of its Scope 1 and 2 emissions by 2030 through various strategies, including energy efficiency improvements, the adoption of renewable energy, and the use of lower-carbon fuels and materials. As of the end of 2023, the company has reportedly achieved a 44% reduction in its financed Scope 1 and 2 GHG emissions intensity from a 2019 baseline, moving towards its target of a 50% reduction by 2030. Overall, euNetworks is actively working towards significant emissions reductions and has established a clear framework for achieving its climate commitments, reflecting a strong commitment to environmental sustainability in the telecommunications sector.
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| 2019 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 24,000 | 00,000 | 000,000 | 00,000 |
| Scope 2 | 4,191,000 | 0,000,000 | 000,000 | 00,000 |
| Scope 3 | 56,165,000 | 00,000,000 | 00,000,000 | 00,000,000 |
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Eunetworks's Scope 3 Categories Breakdown
Eunetworks's Scope 3 emissions, which increased by 63% last year and increased by approximately 8% 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 77% of Scope 3 emissions.
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Eunetworks'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.
Eunetworks 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 Eunetworks's sustainability data and climate commitments