Millicom

Sustainability Report and Carbon Intensity Rankings

Is Millicom doing their part?

Their DitchCarbon score is 74

Millicom has a DitchCarbon Score of 74 out of 100, indicating a strong commitment to sustainability. This score reflects a lower carbon intensity in their operations, suggesting effective measures to reduce greenhouse gas emissions. The company’s efforts place it well above average in managing its environmental impact through sustainable practices.

This was calculated based on 30+ company specific emissions data points, the higher the score, the better. Check out our methodology.

Industry emissions intensity

Very low

Low

Medium

High

Very high

Millicom, a company in the telecommunications sector, has a carbon intensity ranking of low. Some industries are more damaging than others, this ranking gives you an indication of how carbon intensive the industry is which this company operates in.

Location emissions intensity

Very low

Low

Medium

High

Very high

Millicom is situated in Luxembourg, which boasts a very low carbon intensity rating. This favorable environmental context supports the company’s sustainability efforts by reducing its carbon footprint through regional energy practices.
26.19%

...this company is doing 26.19% better in emissions than the industry average.

Millicom, headquartered in Luxembourg, is a prominent player in the telecommunications and media industry, founded in 1990. Serving over 53 million customers in Latin America and Africa, the company offers mobile, financial, cable, and satellite services, predominantly under the TIGO brand. With a workforce of 18,000, Millicom is listed on NASDAQ OMX Stockholm and reported revenues of $6.2 billion in 2016.

Good news, Millicom has set ambitious SBTi climate commitments

Millicom has established Science Based Targets initiative (SBTi) commitments to significantly reduce its greenhouse gas emissions from both direct operations and purchased energy. These targets align with the ambitious goal of limiting global temperature rise to 1.5°C above pre-industrial levels.

There’s always room for improvement,

DitchCarbon recommends...

Millicom should consider exploring fuel switching options in their transportation and operations to potentially reduce their emissions by 15%.
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✓ Peer group, recommended actions, historical reports, data sources

✓ Complete Scope 1-2-3 data, emission factors, yearly breakdown

✓ Complete SBTi and CDP status with sources

✓ Company emission source URLs

✓ Supply level emission factors

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Our methodology

Read about our emission calculation methodologies, and what the DitchCarbon Score means.