Hellenic Telecommunications Organization S.A. Sustainability Profile
Hellenic Telecommunications Organization S.A. (OTE) is a leading telecommunications provider based in Greece, with its headquarters located in Athens. Founded in 1949, OTE has established itself as a key player in the telecommunications industry, offering a wide range of services across fixed-line, mobile, and broadband sectors. The company operates primarily in Greece and has a significant presence in Southeast Europe. OTE is renowned for its innovative products, including high-speed internet services and advanced mobile solutions under the COSMOTE brand. The organisation has achieved notable milestones, such as the expansion of its fibre-optic network, positioning itself as a market leader in digital transformation. With a commitment to quality and customer satisfaction, OTE continues to shape the future of telecommunications in the region.
DitchCarbon Score
How does Hellenic Telecommunications Organization 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
Hellenic Telecommunications Organization S.A.'s score of 91 is higher than 94% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Hellenic Telecommunications Organization S.A. (OTE), headquartered in Greece (GR), has not disclosed specific carbon emissions data for the most recent year. However, the company is committed to significant climate action through its subsidiary, Hellenic Cables. Hellenic Cables has set ambitious targets to achieve net-zero greenhouse gas (GHG) emissions across its value chain by 2050, using 2020 as the base year. The near-term goals include a 50% reduction in absolute Scope 1 and 2 emissions by 2030 and a 25% reduction in absolute Scope 3 emissions, which encompass emissions from purchased goods and services, employee commuting, and the use of sold products. Additionally, Hellenic Cables aims to increase its annual sourcing of renewable electricity from 24% in 2020 to 80% by 2025 and achieve 100% by 2030. In the long term, the company is committed to reducing absolute GHG emissions across all scopes (1, 2, and 3) by 90% by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and are designed to support the global effort to limit warming to 1.5°C. The climate commitments of Hellenic Cables are cascaded from its parent company, Hellenic Telecommunications Organization S.A., which is part of the Deutsche Telekom AG corporate family. This relationship enhances the credibility and support for Hellenic Cables' sustainability initiatives.
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| 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 387,708,000 | - | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | - | - | - | 000,000,000 | - | - | 000,000,000 | 000,000,000 |
| Scope 2 | 1,465,914,000 | - | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | 0,000,000,000 | - | - | - | 0,000,000,000 | - | - | 00,000,000 | 00,000,000 |
| Scope 3 | 81,558,000 | - | - | 0,000,000,000 | - | - | - | - | - | 00,000,000,000 | - | - | 00,000,000,000 | 00,000,000,000 |
How Carbon Intensive is Hellenic Telecommunications Organization S.A.'s Industry?
How Carbon Intensive is Hellenic Telecommunications Organization S.A.'s Location?
Hellenic Telecommunications Organization S.A.'s Scope 3 Categories Breakdown
Hellenic Telecommunications Organization S.A.'s Scope 3 emissions, which decreased by 2% last year and increased significantly since 2011, 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 38% of Scope 3 emissions.
Top Scope 3 Categories
Hellenic Telecommunications Organization 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.
Hellenic Telecommunications Organization 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.
