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.
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
Telefónica's score of 100 is higher than 100% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Telefónica's reported carbon emissions
In 2024, Telefónica reported total carbon emissions of approximately 2,200,000,000 kg CO2e globally. This includes 110,000,000 kg CO2e from Scope 1, 939,452,000 kg CO2e from Scope 2, and a significant 1,962,411,000 kg CO2e from Scope 3 emissions. In Spain, their emissions totalled about 662,261,000 kg CO2e, with 18,229,000 kg CO2e from Scope 1 and 165,272,000 kg CO2e from Scope 2. Telefónica has set ambitious climate commitments, aiming to reduce Scope 1 and 2 emissions by 90% by 2025 in key markets and by 80% globally by 2030, using 2015 as the baseline year. They also target net-zero emissions in their main markets by 2025, with a broader goal of achieving net-zero across all scopes by 2040. Additionally, they aim for a 56% reduction in Scope 3 emissions by 2030, compared to 2016 levels. The company has made significant strides in reducing emissions intensity, achieving a 55.8% reduction in emissions per unit of revenue since 2015. Telefónica's commitment to sustainability is further underscored by their participation in the Science Based Targets initiative, aligning their goals with global climate standards.
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| 2009 | 2010 | 2011 | 2012 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 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 | - | 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 3 | - | 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 | 0,000,000,000 | 0,000,000,000 |
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.
Telefónica 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.
