In 2024, Magyar Telekom Telecommunications Public completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy) and Scope 3 (indirect emissions across the value chain).
Magyar Telekom Telecommunications Public has also provided a category-level breakdown for 11 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 13,962a | 14,505a | 24,939b | |
Total Scope 2 | ||||
Market-Based | 1,395a | 1,786a | 3,298c | |
Location-Based | 73,800a | 66,127a | 47,629c | |
Total Scope 3 | 362,298a | 247,173a | 170,939c | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 2,299.5132a | 5.9043a | 12.5191b |
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In 2024, the total operational greenhouse gas (GHG) emissions of Magyar Telekom Telecommunications Public amounted to 87,762 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of Magyar Telekom Telecommunications Public increased by 8.84%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of Magyar Telekom Telecommunications Public were 13,962 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, Magyar Telekom Telecommunications Public's Scope 1 emissions have decreased by 55.64%, reflecting a declining long-term trend in Scope 1 emissions over time.ab
Compared to the previous year (2023), Magyar Telekom Telecommunications Public's Scope 1 emissions decreased by 3.74%, highlighting the company's efforts to lower direct emissions from assets it owns or controls.a
In 2024, Magyar Telekom Telecommunications Public reported Scope 2 greenhouse gas (GHG) emissions of 1,395 tCO₂e using the market-based method and 73,800 tCO₂e using the location-based method.a
Since 2019, Magyar Telekom Telecommunications Public's Scope 2 greenhouse gas (GHG) emissions (Location-Based) have increased by 32.66%, reflecting a rising long-term trend in Scope 2 emissions over time.ac
Compared to the previous year (2023), Magyar Telekom Telecommunications Public's Scope 2 emissions (Location-Based) rose by 11.6% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, Magyar Telekom Telecommunications Public reported its Scope 2 emissions using the market-based method and using the location-based method.a
In 2024, Magyar Telekom Telecommunications Public reported 362,298 metric tons of CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.a
The 2024 disclosure of Magyar Telekom Telecommunications Public includes a breakdown across 11 of the 15 Scope 3 categories defined by the GHG Protocol, up from 0 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chaina
In 2024, Magyar Telekom Telecommunications Public reported total Scope 3 emissions of 362,298 metric tons of CO₂ equivalent (tCO₂e).a
Approximately 52.51% of these emissions originated from upstream activities such as purchased goods and capital goods, while 47.49% came from downstream activities like product use, distribution, and end-of-life treatment.a
Since 2019, Magyar Telekom Telecommunications Public's Scope 3 emissions have increased by 137.89%, reflecting a rising long-term trend in Scope 3 emissions over time.ac
Compared to the previous year (2023), Magyar Telekom Telecommunications Public's Scope 3 emissions increased by 46.58%, suggesting that the company faced challenges in reducing emissions across its value chain.a
In 2024, Magyar Telekom Telecommunications Public reported emissions for 11 out of the 15 Scope 3 categories defined by the GHG Protocol.a
This reflects a high level of granularity and transparency in the company's emissions reporting.
In 2024, the largest contributors to Magyar Telekom Telecommunications Public's Scope 3 emissions were:a
In 2024, Magyar Telekom Telecommunications Public reported Scope 1 greenhouse gas (GHG) emissions of 13,962 tCO₂e and total revenues of USD 6 millions. This translates into an emissions intensity of 2,299.51 tCO₂e per millions USD.a
In 2024, Magyar Telekom Telecommunications Public reported a Scope 1 emissions intensity of 2,299.51 tCO₂e per millions USD. Compared to the peer group median of 1.68, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, Magyar Telekom Telecommunications Public ranked 23 out of 22 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places Magyar Telekom Telecommunications Public among the least efficient performers, with one of the highest emissions intensities in its sector.a
In 2024, Magyar Telekom Telecommunications Public reported a total carbon footprint of 450,060 metric tons of CO₂ equivalent (tCO₂e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 37.3% increase compared to 2023, suggesting a rise in emissions across its operations or value chain.a
The largest contributor to Magyar Telekom Telecommunications Public's total carbon footprint was Scope 3 emissions, accounting for 80.5% of the company's total carbon footprint, followed by Scope 2 emissions at 16.4%.a