Netel Sustainability Profile
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.
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
Netel's score of 82 is higher than 87% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Netel's reported carbon emissions
In 2024, Netel Holding AB reported total carbon emissions of approximately 59,511,000 kg CO2e globally, with significant contributions from Scope 3 emissions at about 55,637,000 kg CO2e. Scope 1 emissions were around 3,653,000 kg CO2e, while Scope 2 emissions totalled approximately 221,000 kg CO2e. In Finland, the company’s emissions were about 5,926,000 kg CO2e, with Scope 1 at 32,000 kg CO2e, Scope 2 at 7,000 kg CO2e, and Scope 3 at 5,887,000 kg CO2e. Netel has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2050. The company has established near-term targets to reduce absolute Scope 1 and 2 greenhouse gas emissions by 42% by 2030, using 2023 as the base year. Additionally, it aims to cut Scope 3 emissions by 51.6% per million SEK value added within the same timeframe. Long-term, Netel is committed to a 90% reduction in absolute emissions across all scopes by 2050, also based on 2023 levels. These targets align with the Science Based Targets initiative (SBTi) and reflect Netel's commitment to addressing climate change within the telecommunications sector. The company’s emissions data is not cascaded from any parent organization, indicating that these figures are independently reported.
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| 2022 | 2023 | 2024 | |
|---|---|---|---|
| Scope 1 | 643,000 | 0,000,000 | 0,000,000 |
| Scope 2 | 212,000 | 000,000 | 000,000 |
| Scope 3 | 38,111,000 | 00,000,000 | 00,000,000 |
How Carbon Intensive is Netel's Industry?
How Carbon Intensive is Netel's Location?
Netel's Scope 3 Categories Breakdown
Netel's Scope 3 emissions, which increased by 1% last year and increased by approximately 46% since 2022, 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 92% of Scope 3 emissions.
Top Scope 3 Categories
Netel'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.
Netel 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 Netel's sustainability data and climate commitments