Telefonaktiebolaget LM Ericsson

Country
Sweden
Sector
Technology
Industry
Communication Equipment
Employees
91,937
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 2024, Telefonaktiebolaget LM Ericsson has disclosed 4 climate targets aimed at reducing its greenhouse gas (GHG) emissions. These include 4 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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a
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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a
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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a
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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a
2040
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Verified Sources Behind Telefonaktiebolaget LM Ericsson’s Climate Targets Data

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a. Telefonaktiebolaget LM Ericsson's Sustainability Report 2024
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Insights into Telefonaktiebolaget LM Ericsson's Greenhouse Gas Emissions Pathways

As of 2024, 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. a

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

As of 2024, Telefonaktiebolaget LM Ericsson has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources. a

Telefonaktiebolaget LM Ericsson's most ambitious operational target is to reduce these emissions by 90% by 2030, compared to a baseline of 113,340 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Telefonaktiebolaget LM Ericsson is ahead of schedule on its operational emissions reduction target, having achieved 60.78% of the planned reduction. a

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

202020242030030 k60 k90 k120 kBaselineCurrent (-55%)Target 2030 (-90%)

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

As of 2024, 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. a

Telefonaktiebolaget LM Ericsson's most ambitious value chain target is to reduce these emissions by 50% by 2030, compared to a baseline of 29,909,116 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020. a

As of 2024, Telefonaktiebolaget LM Ericsson is ahead of schedule on its value chain emissions reduction target, having achieved 74.86% of the planned reduction. a

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

20202024203007.5 M15 M22.5 M30 MBaselineCurrent (-37%)Target 2030 (-50%)

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

As of 2024, Telefonaktiebolaget LM Ericsson has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources. a

Telefonaktiebolaget LM Ericsson's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 30,022,456 Metric Tonnes of CO2 equivalent (mtCO2e) in 2020, by 90% by 2040. a

As of 2024, Telefonaktiebolaget LM Ericsson is ahead of schedule on its total carbon footprint reduction target, having achieved 41.67% of the planned reduction. a

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

202020242030204008 M16 M24 M32 MBaselineCurrent (-37%)Target 2030 (-50%)Target 2040 (-90%)
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