Public Profile

Telefónica

Telefónica, officially known as Telefónica S.A., is a leading telecommunications company headquartered in Madrid, Spain. Founded in 1924, it has grown to become one of the largest operators in the world, with a significant presence across Europe and Latin America. The company primarily operates in the telecommunications industry, offering a diverse range of services including mobile and fixed-line telephony, broadband, and digital solutions. Telefónica is renowned for its innovative products, such as its Movistar and O2 brands, which cater to millions of customers with unique offerings in connectivity and digital services. With a strong commitment to sustainability and digital transformation, Telefónica has achieved notable milestones, including advancements in 5G technology and smart solutions. As a market leader, it continues to shape the future of telecommunications while maintaining a focus on customer-centric services.

DitchCarbon Score

How does Telefónica'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.

67

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

Telefónica's score of 67 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.

98%

Telefónica's reported carbon emissions

In 2022, Telefónica reported total carbon emissions of approximately 2,283,397,000 kg CO2e globally. This includes 131,809,000 kg CO2e from Scope 1 emissions and 221,537,000 kg CO2e from Scope 2 emissions. The company has not disclosed Scope 3 emissions for this year, but they are significant, comprising the majority of their total emissions. Telefónica has set ambitious climate commitments, aiming for net-zero greenhouse gas emissions across its value chain by 2040, using 2015/2016 as the baseline year. The company has established near-term targets to reduce absolute Scope 1 and Scope 2 emissions by 80% by 2030 and Scope 3 emissions by 56% by the same year. Long-term goals include a 90% reduction in both Scope 1 and Scope 2 emissions by 2040, alongside a 90% reduction in Scope 3 emissions. These commitments align with the Science Based Targets initiative (SBTi) and reflect Telefónica's dedication to addressing climate change and reducing its carbon footprint in the telecommunications sector.

Unlock detailed emissions data

Access structured emissions data, company-specific emission factors, and source documents

20092010201120122015201620192020202120222023
Scope 1
114,580,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,559,203,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
61,877,000
00,000,000
00,000,000
00,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000
0,000,000,000

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. Telefónica'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. Telefónica is headquartered in ES, which has a rank of low, indicating 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.

Telefónica 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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