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Telecommunications Services
LU
updated a month ago

Millicom International Cellular Sustainability Profile

Company website

Millicom International Cellular S.A., commonly known as Millicom, is a leading telecommunications and media company headquartered in Luxembourg (LU). Founded in 1990, Millicom has established a strong presence in Latin America and Africa, providing essential connectivity and digital services to millions of customers across these regions. Specialising in mobile and fixed-line telecommunications, Millicom offers a diverse range of products and services, including mobile voice and data, broadband, and digital entertainment. The company is renowned for its commitment to innovation and customer-centric solutions, which set it apart in the competitive telecom landscape. With a focus on expanding digital access, Millicom has achieved significant milestones, positioning itself as a key player in the industry. Its dedication to enhancing connectivity and driving economic growth in emerging markets underscores its notable achievements and market influence.

DitchCarbon Score

How does Millicom International Cellular'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.

87

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.

36

Industry Benchmark

Millicom International Cellular's score of 87 is higher than 91% of the industry. This can give you a sense of how well the company is doing compared to its peers.

91%

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Millicom International Cellular's reported carbon emissions

In 2024, Millicom International Cellular reported total carbon emissions of approximately 1,254,959,000 kg CO2e. This figure includes Scope 1 emissions of about 28,417,000 kg CO2e, Scope 2 emissions (market-based) of approximately 112,679,000 kg CO2e, and significant Scope 3 emissions totalling around 1,113,863,000 kg CO2e. The Scope 3 emissions breakdown reveals substantial contributions from purchased goods and services (about 544,436,000 kg CO2e) and use of sold products (approximately 283,221,000 kg CO2e). Comparatively, in 2023, Millicom's total emissions were about 1,563,288,000 kg CO2e, indicating a reduction in emissions year-on-year. The company has set ambitious targets to further reduce its carbon footprint, committing to a 50% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2020 baseline. Additionally, Millicom aims to decrease its absolute Scope 3 emissions by 20% by 2035, also from a 2020 base year. Millicom's long-term commitment includes achieving net-zero emissions by 2050, demonstrating a proactive approach to climate action. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect the company's dedication to sustainable practices within the telecommunications sector.

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201920202021202220232024
Scope 1
20,553,000
00,000,000
00,000,000
00,000,000
00,000,000
00,000,000
Scope 2
137,754,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
7,988,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

How Carbon Intensive is Millicom International Cellular's Industry?

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Millicom International Cellular's primary industry is Telecommunications Services, which is very low in terms of carbon intensity compared to other industries.

How Carbon Intensive is Millicom International Cellular's Location?

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Millicom International Cellular is in LU, which has a very low grid carbon intensity relative to other regions.

Millicom International Cellular's Scope 3 Categories Breakdown

Millicom International Cellular's Scope 3 emissions, which decreased by 20% last year and increased significantly since 2019, demonstrating supply chain emissions tracking. The vast majority of their carbon footprint comes from suppliers and value chain emissions, representing the vast majority of total emissions under the GHG Protocol, with "Purchased Goods and Services" being the largest emissions source at 49% of Scope 3 emissions.

Top Scope 3 Categories

2024
Purchased Goods and Services
49%
Use of Sold Products
25%
Capital Goods
14%
Fuel and Energy Related Activities
5%
Upstream Transportation & Distribution
2%
Upstream Leased Assets
2%
Employee Commuting
1%
Business Travel
<1%
End-of-Life Treatment of Sold Products
<1%
Waste Generated in Operations
<1%

Millicom International Cellular'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.

Millicom International Cellular 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Frequently Asked Questions

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

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Where does DitchCarbon data come from?

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