Millicom International Cellular Sustainability Profile
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.
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
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.
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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 includes Scope 1 emissions of about 28,417,000 kg CO2e, Scope 2 emissions of approximately 112,679,000 kg CO2e (market-based), and a significant contribution from Scope 3 emissions, which totalled around 1,113,863,000 kg CO2e. The previous year, 2023, saw total emissions of about 1,563,288,000 kg CO2e, with Scope 1 at approximately 30,524,000 kg CO2e, Scope 2 at about 146,673,000 kg CO2e (market-based), and Scope 3 emissions reaching around 1,386,091,000 kg CO2e. Millicom has set ambitious climate commitments, aiming to reduce absolute Scope 1 and 2 GHG emissions by 50% by 2030 from a 2020 baseline. Additionally, the company has committed to a 20% reduction in absolute Scope 3 emissions by 2035, also from a 2020 base year. Furthermore, Millicom has pledged to achieve net-zero emissions across all scopes by 2050. These targets are aligned with the Science Based Targets initiative (SBTi) and reflect Millicom's commitment to addressing climate change within the telecommunications sector. The company is actively working towards these goals, demonstrating a proactive approach to sustainability and environmental responsibility.
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| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| 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?
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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.
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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.
Frequently Asked Questions
Common questions about Millicom International Cellular's sustainability data and climate commitments