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.
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 84 is higher than 98% 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. This includes 3,653,000 kg CO2e from Scope 1 emissions, 221,000 kg CO2e from Scope 2 emissions (market-based), and a significant 55,637,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions breakdown reveals major contributions from purchased goods and services (51,158,000 kg CO2e) and employee commuting (598,000 kg CO2e). For 2023, the company recorded total emissions of about 59,218,000 kg CO2e, with Scope 1 emissions at 4,052,000 kg CO2e, Scope 2 emissions at 146,000 kg CO2e, and Scope 3 emissions at 55,030,000 kg CO2e. This indicates a slight increase in total emissions year-on-year. Netel has set ambitious climate commitments, aiming for net-zero emissions across its entire value chain by 2050. Near-term targets include a 42% reduction in absolute Scope 1 and 2 emissions by 2030, using 2023 as the base year. Additionally, the company plans to reduce Scope 3 emissions by 51.6% per million SEK value added within the same timeframe. Long-term, Netel aims for a 90% reduction in absolute emissions across all scopes by 2050. These commitments align with industry standards and reflect Netel's proactive approach to addressing climate change, demonstrating a clear pathway towards significant emissions reductions in the coming decades.
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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 |
Industry emissions intensity
Location emissions 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 participating in some of the initiatives that 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.
