Telefónica UK Limited, commonly known as O2, is a leading player in the retail trade services sector, specifically focusing on telecommunications and related services. Headquartered in Great Britain, the company has established a strong presence across the UK, providing innovative solutions to millions of customers.
Founded in 1985, Telefónica UK has achieved significant milestones, including the launch of 5G services and a commitment to sustainability. The company offers a diverse range of products and services, including mobile and broadband solutions, which are distinguished by their reliability and customer-centric approach.
As a subsidiary of the global telecommunications giant Telefónica S.A., O2 holds a prominent market position, recognised for its exceptional customer service and extensive network coverage. With a focus on enhancing connectivity and digital experiences, Telefónica UK continues to shape the future of telecommunications in the UK.
+18 vs industry average
Telefónica UK Limited’s score of 54 is higher than 67% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Retail Trade Services has below-average carbon intensity
Industry performance
The Retail Trade Services industry has reduced its overall emissions by 31% since 2018
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Telefónica UK Limited's reported carbon emissions
Telefónica UK Limited, headquartered in GB and operating within the retail trade services sector, has set ambitious climate commitments. The company is part of Virgin Media O2 and aims to achieve net zero greenhouse gas (GHG) emissions across its value chain by 2040, using 2020 as a baseline year.
In terms of emissions data, for the reporting year 2024, Telefónica UK Limited reported a total of approximately 34.2 million kg CO2e. This comprised approximately 3.3 million kg CO2e for Scope 1 emissions and about 17.5 million kg CO2e for Scope 2 emissions. Scope 3 emissions for 2024 amounted to approximately 13.3 million kg CO2e.
Looking back, in 2020, the company's total emissions were approximately 88.2 million kg CO2e. This included about 3.1 million kg CO2e for Scope 1, approximately 63 million kg CO2e for Scope 2, and roughly 22.1 million kg CO2e for Scope 3 emissions.
Virgin Media O2 has established near-term science-based targets to reduce absolute Scope 1 and 2 GHG emissions by 90% by 2030, from the 2020 baseline.
The emissions data for Telefónica UK Limited is cascaded from its corporate family. For its SBTi, CDP, RTZ, and Climate Pledge initiatives, data is sourced from VMED O2 UK Limited, at cascade level 7. Performance data is directly from Telefónica UK Limited.
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Telefónica UK Limited’s Climate Goals (2030 & 2050)
3 goals2030
90% reduction in Scope 1
VIRGIN MEDIA O2’s near-term science-based targets are to reduce absolute Scope 1 and 2 GHG emissions 90% by 2030 from a 2020 base year.
2030
62% reduction in total GHG
Vs 2019 baseline. Validated by SBTi. Includes full supply chain.
2040
50% reduction in Scope 3 intensity
Across purchased goods and services and logistics.
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Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Inherited from VMED O2 UK Limited
Carbon Disclosure Project
Inherited from VMED O2 UK Limited
The Climate Pledge
Inherited from VMED O2 UK Limited
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Telefónica UK Limited
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