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Fastweb
Fastweb S.p.A., a leading telecommunications provider based in Italy, has been at the forefront of the industry since its establishment in 1999. Headquartered in Milan, Fastweb operates extensively across major Italian regions, delivering high-quality broadband and telecommunications services to both residential and business customers. Specialising in fibre-optic connectivity, Fastweb offers a range of innovative products, including ultra-fast internet, cloud services, and digital solutions that stand out for their reliability and speed. The company has achieved significant milestones, such as being one of the first to roll out a nationwide fibre network, solidifying its position as a key player in the Italian telecom market. With a commitment to technological advancement and customer satisfaction, Fastweb continues to enhance its service offerings, making it a preferred choice for millions of users across Italy.
DitchCarbon Score
How does Fastweb'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
Fastweb's score of 66 is higher than 79% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Fastweb's reported carbon emissions
In 2023, Fastweb reported total carbon emissions of approximately 214,821,000 kg CO2e, with Scope 1 emissions accounting for about 1,712,000 kg CO2e and Scope 3 emissions comprising approximately 213,109,000 kg CO2e. This represents a slight decrease from 2022, where total emissions were about 220,905,000 kg CO2e, with Scope 1 emissions at approximately 2,090,000 kg CO2e and Scope 3 emissions at around 218,816,000 kg CO2e. Fastweb is committed to achieving carbon neutrality by 2025, a goal reaffirmed in 2023. The company has set ambitious reduction targets, aiming for a 64% reduction in absolute Scope 1 and 2 greenhouse gas emissions by 2030, using 2018 as the baseline year. Additionally, Fastweb plans to reduce its absolute Scope 3 emissions by 46% within the same timeframe. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's commitment to sustainability. Fastweb's climate initiatives are part of a broader commitment from its parent company, Swisscom AG, which has set a Group-wide target of achieving net zero emissions by 2035. This cascading of climate commitments underscores Fastweb's alignment with industry standards and its proactive approach to addressing climate change.
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| 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|
| Scope 1 | 1,181,000 | 0,000,000 | 0,000,000 | 0,000,000 |
| Scope 2 | - | - | - | - |
| Scope 3 | 167,117,000 | 000,000,000 | 000,000,000 | 000,000,000 |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
Fastweb is participating in some of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
