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OrganisationsMillicom International Cellular
Millicom International Cellular logo

Millicom International Cellular

Post and Telecommunications ServicesLuxembourgNASDAQ: TIGOR
Last verified 5 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.

70
DitchCarbon score

+26 vs industry average

Millicom International Cellular’s score of 70 is higher than 75% 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

Very Low

Post and Telecommunications Services is among the least carbon-intensive industries

Industry performance

0.063
20192025

The Post and Telecommunications Services industry has reduced its overall emissions by 60% since 2019

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, reported approximately 1.25 billion kg CO2e in total emissions for 2024. This figure encompasses Scope 1, Scope 2, and Scope 3 emissions. In 2023, the company's total emissions were approximately 1.56 billion kg CO2e. The breakdown for 2024 includes approximately 28.4 million kg CO2e for Scope 1, with Scope 2 market-based emissions at about 112.7 million kg CO2e and Scope 3 emissions totalling approximately 1.11 billion kg CO2e. The primary contributors to Scope 3 emissions in 2024 were purchased goods and services (around 544.4 million kg CO2e) and the use of sold products (approximately 283.2 million kg CO2e). Millicom has set ambitious climate targets. The company is committed to reducing absolute Scope 1 and 2 market-based greenhouse gas emissions by 50% by 2030, using a 2020 baseline year. Furthermore, Millicom aims to achieve net-zero emissions by 2050. The Science Based Targets initiative (SBTi) has validated these commitments, with a specific target to reduce absolute Scope 3 greenhouse gas emissions by 20% by fiscal year 2035, also from a 2020 baseline.

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

No climate goals have been disclosed for Millicom International Cellular yet.

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%

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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
5 months ago
70
Proximus logoProximus
BEPost and Telecommunications Services
2 hours ago
100
View
Elisa logoElisa
FIPost and Telecommunications Services
6 days ago
100
View
Swisscom logoSwisscom
CHWired Telecommunications Carriers
5 days ago
100
View
Telefónica logoTelefónica
ESPost and Telecommunications Services
8 days ago
100
View
BT Group plc logoBT Group plc
GBPost and Telecommunications Services
7 days ago
100
View
America Movil logoAmerica Movil
MXPost and Telecommunications Services
11 days ago
100
View

Frequently asked questions

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

Millicom International Cellular reported approximately 1.25 billion kg CO2e in total emissions for 2024. This includes around 28.4 million kg CO2e from Scope 1, about 112.7 million kg CO2e from Scope 2, and roughly 1.11 billion kg CO2e from Scope 3 emissions. The vast majority of these emissions stem from purchased goods and services, which account for approximately 544.4 million kg CO2e. This data highlights the company's significant carbon footprint and the areas where emissions reduction efforts can be focused.

Data year: 2024

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You’re welcome to quote or reference data from this page, but please include a visible link back to this URL. Bulk collection, resale, or redistribution of data from multiple profiles is not permitted.

See our License Agreement for more details.

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