Public Profile

Netel

Netel Group AB, commonly referred to as Netel, is a prominent player in the telecommunications and infrastructure industry, headquartered in Sweden (SE). Founded in 2003, the company has established a strong presence across the Nordic region, providing essential services in network construction, maintenance, and operation. Netel's core offerings include fibre optic installations, mobile network solutions, and technical consulting, all designed to enhance connectivity and operational efficiency. What sets Netel apart is its commitment to sustainability and innovation, ensuring that their solutions meet the evolving demands of the digital landscape. With a reputation for reliability and quality, Netel has achieved significant milestones, including numerous successful projects that have solidified its market position as a trusted partner for telecommunications operators and businesses alike.

DitchCarbon Score

How does Netel'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.

56

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.

22

Industry Benchmark

Netel's score of 56 is higher than 97% of the industry. This can give you a sense of how well the company is doing compared to its peers.

97%

Netel's reported carbon emissions

In 2023, Netel Holding AB reported total carbon emissions of approximately 74,222,000 kg CO2e, with significant contributions from Scope 1, Scope 2, and Scope 3 emissions. Specifically, Scope 1 emissions accounted for about 4,164,000 kg CO2e, while Scope 2 emissions were approximately 146,000 kg CO2e. The majority of emissions, around 69,912,000 kg CO2e, originated from Scope 3 activities, which include emissions from purchased goods and services, fuel and energy-related activities, and business travel. Netel has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its entire value chain by FY2050. To achieve this, the company has established near-term targets to reduce absolute Scope 1 and 2 emissions by 42% by FY2030, using FY2023 as the baseline year. Additionally, Netel aims to cut Scope 3 emissions by 51.6% per million SEK value added within the same timeframe. Long-term, the company is committed to a 90% reduction in absolute emissions across all scopes by FY2050. These targets align with industry standards and reflect Netel's commitment to addressing climate change and reducing its carbon footprint in the telecommunications sector.

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20222023
Scope 1
643,000
0,000,000
Scope 2
212,000
000,000
Scope 3
38,111,000
00,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Netel's primary industry is Post and telecommunication services (64), which is low in terms of carbon intensity compared to other industries.

Location emissions intensity

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. Netel is headquartered in SE, which has a rank of very low, indicating very low grid carbon intensity.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Netel is committed to some reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

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

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DitchCarbon Score

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