Tele2 AB

Common Name
Tele2
Country
Sweden
Sector
Communication Services
Industry
Telecom Services
Employees
4,135
Ticker
TEL2 B
Exchange
NASDAQ STOCKHOLM AB
Description
Tele2 AB (publ) provides fixed and mobile connectivity and entertainment services in Sweden, Lithuania, Latvia, and Estonia. The company offers handset related data services, linear and streaming serv...

Tele2 EU Taxonomy Data Preview

In 2024, Tele2 was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.

The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.

Tele2 has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Tele2 are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.

Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Turnover
0000000
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0000000
Total Taxonomy Eligible A Turnover
0000000
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0000000
Total Taxonomy Non-Eligible B Turnover
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Opex
0000000
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0000000
Total Taxonomy Eligible A Opex
0000000
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0000000
Total Taxonomy Non-Eligible B Opex
0000000
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0000000
Metric (tonnes)2024202320222021 - 2017
Total Taxonomy Aligned A1 Capex
0000000
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0000000
Total Taxonomy Eligible A Capex
0000000
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0000000
Total Taxonomy Non-Eligible B Capex
0000000
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This table provides a simplified preview of selected EU Taxonomy data points. To access the complete dataset with full disclosures, detailed breakdowns, and source traceability, create a free account to view purchase options.

Insights into Tele2's Revenues from Sustainable Activities

In 2024, Tele2 reported EU Taxonomy-eligible revenues of EUR 542.00 million, representing 1.83% of its total turnover. Of this amount, EUR 153.00 million of Tele2's revenues was classified as EU Taxonomy-aligned, indicating that 0.52% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Tele2's revenue is eligible under the EU Taxonomy?

In 2024, Tele2 reported that EUR 542.00 million of its revenue was eligible under the EU Taxonomy, representing 1.83% of the company's total turnover. Of this amount, EUR 153.00 million (0.52% of total revenue) was classified as Taxonomy-aligned. This means that 1.31% of Tele2's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.

How much of Tele2's eligible revenue is aligned with the EU Taxonomy?

In 2024, Tele2 reported that EUR 153.00 million of its revenue was aligned under the EU Taxonomy, representing 0.52% of its total turnover.

This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.

Tele2's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible BTurnover(98.2%)Total TaxonomyAligned A1 Turnover(0.5%)Total TaxonomyEligible but NotAligned A2 Turnover(1.3%)

Tele2's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%0.2%0.4%0.6%0.8%% Taxonomy-Eligible turnover
  • Total Taxonomy Aligned A1 Turnover
  • Total Taxonomy Eligible but Not Aligned A2 Turnover

How is Tele2's taxonomy-aligned revenue distributed across the EU environmental objectives?

In 2024, Tele2 reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 0.52%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much revenue does Tele2 earn from selling climate-related solutions ?

In 2024, Tele2 reported that EUR 0 of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0% of the company's total revenue, indicating that Tele2 has limited exposure on solutions that support climate action through its commercial activities.

Insights into Tele2's CAPEX from Sustainable Activities

In 2024, Tele2 reported EU Taxonomy-eligible CAPEX of EUR 520.00 million, representing 9.55% of its total CAPEX. Of this amount, EUR 200.00 million of Tele2's CAPEX was classified as EU Taxonomy-aligned, indicating that 3.67% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

How much of Tele2's capital expenditure (CAPEX) is eligible under the EU Taxonomy?

In 2024, Tele2 reported that EUR 520.00 million of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 9.55% of the company's total CAPEX. Of this amount, EUR 200.00 million (3.67% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.88% of Tele2's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).

How much of Tele2's eligible CAPEX is aligned with the EU Taxonomy?

In 2024, Tele2 reported that EUR 200.00 million of its CAPEX was aligned under the EU Taxonomy, representing 3.67% of its total capital investment.

This low alignment reflects that Tele2 is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.

Tele2's Eligibility & Alignment Overview

Total TaxonomyNon-Eligible B Capex(90.5%)Total TaxonomyAligned A1 Capex(3.7%)Total TaxonomyEligible but NotAligned A2 Capex(5.9%)

Tele2's Contribution to Environmental Objectives

CCMCCAWTRPPCCEBIO0%1.5%3%4.5%6%% Taxonomy-Eligible capex
  • Total Taxonomy Aligned A1 Capex
  • Total Taxonomy Eligible but Not Aligned A2 Capex

How is Tele2's taxonomy-aligned CAPEX distributed across the EU environmental objectives?

In 2024, Tele2 reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectives:

  • Climate Change Mitigation: 0%
  • Climate Change Adaptation: 0%
  • Sustainable Use and Protection of Water and Marine Resources: 0%
  • Transition to a Circular Economy: 3.67%
  • Pollution Prevention and Control: 0%
  • Protection and restoration of biodiversity and ecosystems: 0%

How much Tele2 is investing in climate-related solutions?

In 2024, Tele2 allocated EUR 0 of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0% of the company's total capital expenditure, indicating that Tele2 has only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.

Insights into Tele2's OPEX from Sustainable Activities

In 2024, Tele2 reported EU Taxonomy-eligible OPEX of EUR 41.00 million, representing 2.32% of its total operating expenses (OPEX). Of this amount, EUR 0 of Tele2's OPEX was classified as EU Taxonomy-aligned, indicating that 0% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).

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