Telefonaktiebolaget LM Ericsson

Country
Sweden
Sector
Technology
Industry
Communication Equipment
Employees
92,866
Ticker
ERIC B
Exchange
NASDAQ STOCKHOLM AB
Description
Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates thro...

Telefonaktiebolaget LM Ericsson's Climate Target Data Preview

As of 2023, Telefonaktiebolaget LM Ericsson has disclosed 5 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 5 absolute reduction targets, signaling the company’s commitment to managing and lowering its carbon footprint over time. The targets span various emissions scopes and time horizons, offering insight into Telefonaktiebolaget LM Ericsson ’s climate strategy, ambition level, and alignment with global decarbonization goals.

Target TypeScope of TargetUnitTargetTarget Year
Absolute-based Target
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Upstream Transportation and Distribution (Cat. 4), Scope 3 - Downstream Transportation and Distribution (Cat. 9), Scope 3 - Waste Generated in Operations (Cat. 5), Scope 3 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - End-of-Life Treatment of Sold Products (Cat. 12)
Metric Tonnes of CO2 equivalent (mtCO2e)
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2040

This table provides a simplified preview of selected climate targets 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 Telefonaktiebolaget LM Ericsson's Greenhouse Gas Emissions Pathways

As of 2023, Telefonaktiebolaget LM Ericsson has set greenhouse gas (GHG) emissions reduction targets that cover both its operational emissions (Scope 1 and 2) and value chain emissions (Scope 3), offering a comprehensive view of its total carbon footprint.

Does Telefonaktiebolaget LM Ericsson have a target to reduce the emissions from its operations?

As of 2023, Telefonaktiebolaget LM Ericsson has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.

Telefonaktiebolaget LM Ericsson's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 111,889 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

As of 2023, Telefonaktiebolaget LM Ericsson is ahead of schedule on its operational emissions reduction target, having achieved 42.31% of the planned reduction.

Telefonaktiebolaget LM Ericsson's Operational (Scope 1+2) Emissions Pathway

202020232030030 k60 k90 k120 kBaselineCurrent (-38%)Target 2030 (-90%)

Does Telefonaktiebolaget LM Ericsson have a target to reduce the emissions from its value chain?

As of 2023, Telefonaktiebolaget LM Ericsson has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 10 out of the 15 Scope 3 categories defined by the GHG Protocol.

Telefonaktiebolaget LM Ericsson's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 29,923,431 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020.

Instead of reducing value chain emissions, Telefonaktiebolaget LM Ericsson has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Telefonaktiebolaget LM Ericsson's Value Chain (Scope 3) Emissions Pathway

20202023203009.5 M19 M28.5 M38 MBaselineCurrent (+24%)Target 2030 (-50%)

Does Telefonaktiebolaget LM Ericsson have a target to reduce its total carbon footprint?

As of 2023, Telefonaktiebolaget LM Ericsson has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.

Telefonaktiebolaget LM Ericsson's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 30,036,162 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2040.

Instead of reducing total carbon footprint, Telefonaktiebolaget LM Ericsson has increased them, with 2023 levels exceeding those of the 2020 baseline, placing the company well behind its reduction target.

Telefonaktiebolaget LM Ericsson's Carbon Footprint (Scope 1+2+3) Emissions Pathway

202020232030204009.5 M19 M28.5 M38 MBaselineCurrent (+24%)Target 2030 (-50%)Target 2040 (-90%)
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