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 99 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 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 (market-based), and significant Scope 3 emissions of 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 both Scope 1 and Scope 2 emissions by 2040, as well as a 90% reduction in Scope 3 emissions by the same year. These targets align with the Science Based Targets initiative (SBTi) and reflect Telefónica's commitment to addressing climate change and reducing its carbon footprint in the telecommunications sector.
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| 2009 | 2010 | 2011 | 2012 | 2015 | 2016 | 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 |
| 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 | 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 | 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.
