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Millicom International Cellular
Post and Telecommunications ServicesLuxembourgNASDAQ: TIGOR
Last verified 7 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
+24 vs industry average
Millicom International Cellular’s score of 66 is higher than 73% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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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
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, a Luxembourg-headquartered post and telecommunication services provider, reported total carbon emissions of approximately 1.25 billion kg CO2e in 2024. This figure includes 28.4 million kg CO2e from Scope 1 emissions, 112.7 million kg CO2e from Scope 2 market-based emissions, and about 1.11 billion kg CO2e from Scope 3 emissions.
In 2023, the company's total emissions were approximately 1.56 billion kg CO2e, comprising 30.5 million kg CO2e for Scope 1, 146.7 million kg CO2e for Scope 2 (market-based), and approximately 1.39 billion kg CO2e for Scope 3.
Millicom International Cellular has set ambitious climate commitments. The company has committed to the Science Based Targets initiative (SBTi) to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030, using a 2020 base year. Additionally, it aims to reduce absolute Scope 3 GHG emissions by 20% by 2035 from a 2020 base year. Millicom International Cellular also has a long-term commitment to achieve net-zero emissions by 2050 across all scopes. These targets and commitments are directly from Millicom International Cellular S.A.
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Millicom International Cellular’s Climate Goals (2030 & 2050)
2 goals2030
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 disclosedSee all scope 3 categories
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Climate initiatives
Science Based Targets Initiative
FY2035 targetSee details
Active
Carbon Disclosure Project
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Active
The Climate Pledge
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Not active
UN Global Compact Climate Champions initiative
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Active
RE 100
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Not active
Climate Action 100
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Not active
Emissions comparison with industry peers
View similar organisationsCompanyCountryIndustryLast updatedScoreDetails
Millicom International Cellular7 months ago
66
FIRadio and Television Broadcasting and Wireless Communications Equipment ManufacturingView
2 days ago
100
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Frequently asked questions
Common questions about Millicom International Cellular’s sustainability data and climate commitments
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