Magyar Telekom
Magyar Telekom Nyrt., a leading telecommunications provider in Hungary, is headquartered in Budapest (HU) and operates extensively across Central and Eastern Europe. Founded in 1991, the company has established itself as a key player in the telecommunications industry, offering a diverse range of services including fixed-line and mobile telephony, broadband internet, and digital television. With a commitment to innovation, Magyar Telekom has introduced unique solutions such as its advanced fibre-optic network, enhancing connectivity for both residential and business customers. The company is recognised for its strong market position, consistently ranking among the top telecommunications firms in Hungary. Notable achievements include significant investments in network infrastructure and a focus on sustainable development, positioning Magyar Telekom as a forward-thinking leader in the digital landscape.
DitchCarbon Score
How does Magyar Telekom'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
Magyar Telekom's score of 42 is higher than 68% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Magyar Telekom's reported carbon emissions
In 2023, Magyar Telekom reported carbon emissions of approximately 14,632,000 kg CO2e for Scope 1 and 6,643,000 kg CO2e for Scope 2. The company has set ambitious climate commitments, aiming to reduce its absolute Scope 1 and 2 greenhouse gas emissions by 84% by 2030, using 2015 as the base year. Additionally, Magyar Telekom is committed to a 30% reduction in absolute Scope 3 emissions by 2030, with 2017 as the reference year. In 2022, the company’s Scope 1 emissions were about 14,762,000 kg CO2e, while Scope 2 emissions totalled approximately 71,733,000 kg CO2e. The Scope 3 emissions for the same year reached around 326,588,000 kg CO2e, highlighting the significant impact of indirect emissions from their value chain. Magyar Telekom's commitment to reducing emissions aligns with industry standards and reflects a proactive approach to climate change, demonstrating their dedication to sustainability in the telecommunications sector.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
Add to project| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | |
|---|---|---|---|---|---|---|---|---|
| Scope 1 | 22,811,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 |
| Scope 2 | 36,649,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 00,000,000 | 0,000,000 | 0,000,000 |
| Scope 3 | - | - | 000,000,000 | 000,000,000 | 000,000,000 | 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.
Magyar Telekom is committed to some reduction initiatives 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.
