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OrganisationsMillicom International Cellular
Millicom International Cellular logo

Millicom International Cellular

Post and Telecommunications ServicesLuxembourgNASDAQ: TIGOR
Last verified 6 months agomillicom.com

Millicom International Cellular S.A., commonly known as Millicom, is a leading provider of post and telecommunication services headquartered in Luxembourg (LU). Established in 1990, the company has expanded its operations across Latin America and Africa, delivering innovative connectivity solutions to millions of customers.

Millicom operates primarily in the telecommunications sector, offering a diverse range of services including mobile and fixed-line telephony, broadband internet, and digital services. The company is renowned for its commitment to enhancing digital inclusion, particularly in underserved markets.

With a strong market position, Millicom has achieved significant milestones, including the launch of Tigo, its flagship brand, which has become synonymous with quality and reliability in the regions it serves. Through its focus on customer-centric solutions and technological advancements, Millicom continues to shape the future of telecommunications in its operational territories.

66
DitchCarbon score

+21 vs industry average

Millicom International Cellular’s score of 66 is higher than 71% of the industry. This can give you a sense of how well the company is doing compared to its peers.

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Millicom International Cellular’s sustainability team

Aldo Natalizia

Aldo Natalizia

Director of Regulatory and Sustainability Affairs

Industry Intensity

Low

Post and Telecommunications Services has below-average carbon intensity

Industry performance

0.155
20182025

The Post and Telecommunications Services industry has reduced its overall emissions by 39% since 2018

Emissions trajectory 2020 – 2027

0.0B0.0B0.0B000.0M0

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20202021202220232024202520262027

Reported emissions

Scope 1
•••kg CO₂e
Scope 2
•••kg CO₂e
Scope 3
•••kg CO₂e
Total reported
•••kg CO₂e

Scope 3 accounts for ••• of total emissions.

Millicom International Cellular's reported carbon emissions

Millicom International Cellular, headquartered in Luxembourg and operating in the post and telecommunication services industry, reported a total of approximately 1.25 billion kg CO2e for 2024. This figure encompasses Scope 1, 2, and 3 emissions. Specifically, Scope 1 emissions amounted to approximately 28.4 million kg CO2e, while Scope 2 emissions (market-based) were approximately 112.7 million kg CO2e. Scope 3 emissions were the most significant, totalling approximately 1.11 billion kg CO2e, with purchased goods and services being the largest contributor within this scope.

For 2023, Millicom International Cellular reported total emissions of approximately 1.56 billion kg CO2e. Scope 1 emissions were around 30.5 million kg CO2e, and Scope 2 emissions (market-based) were approximately 146.7 million kg CO2e. Scope 3 emissions for 2023 were approximately 1.39 billion kg CO2e.

Millicom International Cellular has set ambitious climate targets. The company commits to reducing absolute Scope 1 and 2 market-based greenhouse gas (GHG) emissions by 50% by 2030, using a 2020 baseline year. Furthermore, Millicom International Cellular aims to achieve net-zero emissions by 2050. The company also has a Science Based Targets initiative (SBTi) commitment to reduce absolute Scope 3 GHG emissions by 20% by FY2035, also from a FY2020 base year.

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Millicom International Cellular’s Climate Goals (2030 & 2050)

2 goals

2030

50% reduction in Scope 2

Millicom International Cellular S. A. commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2020 base year. Millicom…

At risk50%

2030

50% reduction in Scope 1

Millicom International Cellular S. A. commits to reduce absolute scope 1 and 2 GHG emissions 50% by FY2030 from a FY2020 base year. Millicom…

Behind target50%

Showing SBTi-validated targets only. Sign up or sign in to see all disclosed climate targets.

Scope 3 top emissions categories

10 of 15 categories disclosed
Purchased Goods & Services49%
Use of Sold Products25%
Capital Goods14%
Fuel & Energy Activities5%
Upstream Transportation & Distribution2%
Upstream Leased Assets2%
Employee Commuting1%
Business Travel0%
Purchased Goods & Services49%
Use of Sold Products25%
Capital Goods14%
Fuel & Energy Activities5%
Upstream Transportation & Distribution2%
Upstream Leased Assets2%
Employee Commuting1%
Business Travel0%

See all scope 3 categories

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Climate initiatives

SCIENCE BASED TARGETS

Science Based Targets Initiative

FY2035 targetSee details
Active
CDP

Carbon Disclosure Project

Sign in to view
Active
THE CLIMATE PLEDGE

The Climate Pledge

See details
Not active
United Nations Global Compact

UN Global Compact Climate Champions initiative

See details
Active
RE 100

RE 100

See details
Not active
Climate Action 100+

Climate Action 100

See details
Not active

Emissions comparison with industry peers

View similar organisations
CompanyCountryIndustryLast updatedScoreDetails
Millicom International Cellular logoMillicom International Cellular
LUPost and Telecommunications Services
6 months ago
66
Ericsson logoEricsson
SECommunication Equipment Manufacturing
6 days ago
100
View
Vodafone logoVodafone
GBPost and Telecommunications Services
5 days ago
100
View
Nokia Group logoNokia Group
FIRadio and Television Broadcasting and Wireless Communications Equipment Manufacturing
6 days ago
100
View
Verizon logoVerizon
USPost and Telecommunications Services
6 days ago
99
View
C
Cellco Partnership
USPost and Telecommunications Services
6 days ago
96
View
Comcast logoComcast
USPost and Telecommunications Services
6 days ago
86
View

Frequently asked questions

Common questions about Millicom International Cellular’s sustainability data and climate commitments

In 2024, Millicom International Cellular's total carbon emissions were approximately 1.25 billion kg CO₂e. This figure includes emissions from Scope 1, Scope 2, and Scope 3 categories. Scope 1 emissions were roughly 28.4 million kg CO₂e, while Scope 2 (market-based) emissions were about 113 million kg CO₂e. The largest portion, over 1.11 billion kg CO₂e, came from Scope 3, mainly from purchased goods and services. These data points highlight the company's significant carbon footprint within the Post and telecommunication services industry, especially in upstream activities.

Data year: 2024

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See our License Agreement for more details.

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