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 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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Netel's reported carbon emissions
In 2024, Netel Holding AB reported total carbon emissions of approximately 59,511,000 kg CO2e, with Scope 1 emissions at about 3,653,000 kg CO2e, Scope 2 emissions at approximately 221,000 kg CO2e (market-based), and a significant Scope 3 total of around 55,637,000 kg CO2e. The previous year, 2023, saw total emissions of about 59,218,000 kg CO2e, with Scope 1 at approximately 4,052,000 kg CO2e, Scope 2 at around 136,000 kg CO2e (market-based), and Scope 3 at about 55,030,000 kg CO2e. Netel has set ambitious climate commitments, aiming for a 42% reduction in absolute Scope 1 and 2 emissions by 2030 from a 2023 base year. Additionally, they target a 51.6% reduction in Scope 3 emissions per million SEK value added within the same timeframe. Long-term goals include achieving net-zero emissions across the entire value chain by 2050, with a 90% reduction in absolute emissions across all scopes by the same year. These targets align with the Science Based Targets initiative (SBTi) and reflect Netel's commitment to sustainable practices within the telecommunications sector. The company is actively working towards these goals, demonstrating a proactive approach to mitigating climate impact.
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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