Telefónica, officially known as Telefónica S.A., is a leading telecommunications company headquartered in Madrid, Spain. Founded in 1924, Telefónica has grown to become one of the largest telecommunications providers globally, with a significant presence in Europe and Latin America. The company operates primarily 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 brand, which provides cutting-edge mobile and internet services. The company has achieved notable milestones, including the expansion of its 5G network and advancements in digital transformation initiatives. With a strong market position, Telefónica continues to be a key player in the global telecommunications landscape, committed to delivering exceptional connectivity and digital experiences to millions of customers.
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.
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.
Telefónica's score of 64 is higher than 98% of the industry. This can give you a sense of how well the company is doing compared to its peers.
In 2023, Telefónica reported total carbon emissions of approximately 2,307,702,000 kg CO2e. This includes Scope 1 emissions of about 122,460,000 kg CO2e, Scope 2 emissions of approximately 214,659,000 kg CO2e, and significant Scope 3 emissions totalling around 1,970,583,000 kg CO2e. 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. 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 2030. Long-term goals include a 90% reduction in Scope 1 and Scope 2 emissions by 2040, alongside a similar 90% reduction in Scope 3 emissions by the same year. 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.
Access structured emissions data, company-specific emission factors, and source documents
Add to project2009 | 2010 | 2011 | 2012 | 2015 | 2016 | 2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|
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 |
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.