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 Energy Data Preview

In 2023, Telefonaktiebolaget LM Ericsson disclosed key data related to its energy management practices, providing transparency into its operational energy use in line with recognized sustainability reporting frameworks.

Telefonaktiebolaget LM Ericsson also reported how it meets its energy needs through a mix of purchased and self-generated energy, offering insight into its sourcing strategy and level of energy independence.

Additionally, Telefonaktiebolaget LM Ericsson also disclosed progress toward renewable energy adoption, highlighting the share of total energy sourced from renewable versus non-renewable sources.

Finally, Telefonaktiebolaget LM Ericsson also reported the types of energy sources as well as generation technologies, both for purchased and self-produced energy, helping stakeholders evaluate Telefonaktiebolaget LM Ericsson's reliance on fossil fuels versus cleaner alternatives.

Metric (GJ)2024202320222021 - 2017
Total Energy Consumed
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Renewable Energy Consumed
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Non-renewable Energy Consumed
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Electricity Consumed
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This table provides a simplified preview of selected energy 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 Energy Renewability

In 2023, Telefonaktiebolaget LM Ericsson consumed a total of 2.7 million Gigajoules of energy across its operations. Of this total, 64.09% was sourced from renewable energy, either derived from natural resources like biofuels, biomass, or biogas, or generated using renewable technologies such as solar or wind power. The remaining 35.91% was classified as non-renewable energy, coming from fossil-based fuels such as coal, natural gas, or crude oil, or from non-renewable generation technologies like nuclear power.

Telefonaktiebolaget LM Ericsson's Energy Renewability Rate

64%

How much of Telefonaktiebolaget LM Ericsson's energy consumed is renewable?

In 2023, Telefonaktiebolaget LM Ericsson consumed a total of 2.7 million Gigajoules of energy, of which 64.09% was derived from renewable sources, including biofuels, biomass, biogas, solar, and wind power.

This moderate level of renewable energy adoption indicates that Telefonaktiebolaget LM Ericsson is transitioning toward cleaner energy sources, though a significant share of its energy mix still relies on non-renewable inputs.

Are Telefonaktiebolaget LM Ericsson's energy practices becoming more sustainable?

Since 2021, Telefonaktiebolaget LM Ericsson's total energy consumption remained relatively stable, but fell by 5.61% in 2023, possibly indicating early signs of energy efficiency improvements.

Over the same period, the share of renewable energy in Telefonaktiebolaget LM Ericsson's consumption increased by 23.5%, including a 8.96% increase in 2023, showing consistent progress in clean energy adoption.

Overall, Telefonaktiebolaget LM Ericsson’s energy trends reveal a complex picture, with variations in total consumption and renewable sourcing. A closer examination of operational drivers and sourcing strategies is needed to fully assess the company’s environmental impact.

Telefonaktiebolaget LM Ericsson's Renewable vs Non-renewable Energy Over Time

1.9 M902.73 k97.27 k1.9 MGigajoules (GJ)20212022202352%59%64%48%41%36%
  • Renewable Energy Consumed
  • Non-renewable Energy Consumed

Insights into Telefonaktiebolaget LM Ericsson's Energy Consumption & Production Mix

In 2023, Telefonaktiebolaget LM Ericsson disclosed detailed information on the sources and generation technologies of the energy it consumed. This disclosure enables a clearer assessment of the Telefonaktiebolaget LM Ericsson's overall energy mix, its sourcing strategy, and its reliance on fossil fuels versus cleaner alternatives such as renewables and low-carbon technologies.

Telefonaktiebolaget LM Ericsson's Energy Consumed by Sources and Technologies

Electricity(Unspecified Source)(74.2%)Other Oil Products(8.5%)Cooling(Unspecified Source)(6.9%)

What are the main sources and generation technologies behind Telefonaktiebolaget LM Ericsson's energy consumption?

In 2023, Telefonaktiebolaget LM Ericsson's total energy consumption was primarily sourced from

  • Electricity (Unspecified Source) (74.23%)
  • Other Oil Products (8.47%)
  • Cooling (Unspecified Source) (6.87%)

How diverse is Telefonaktiebolaget LM Ericsson’s energy consumption mix?

In 2023, Telefonaktiebolaget LM Ericsson consumed energy from 6 different sources or generation technologies, indicating a highly concentrated energy mix, with Electricity (Unspecified Source) alone accounting for 74.23% of total consumption.

Insights into Telefonaktiebolaget LM Ericsson's Energy Inflows & Self-Sufficiency

In 2023, Telefonaktiebolaget LM Ericsson reported total energy inflows of 2.31 million Gigajoules, which corresponds to the company's full energy needs, including energy consumed, redistributed, sold, or stored. This energy inflow was composed of 2.3 million Gigajoules purchased from external suppliers and 5,835.6 Gigajoules generated through internal production. This corresponds to a production share of 0.25%, reflecting a 9.79% percentage point increase from the previous year (2022) and a 8.77% percentage point increase since 2021.

Telefonaktiebolaget LM Ericsson's production share has remained relatively consistent over time, with no significant fluctuations. This stability may indicate a deliberate sourcing strategy built on predictable supply patterns, or a balanced reliance on both internal and external energy sources.

Telefonaktiebolaget LM Ericsson's Energy Purchased vs Produced Over Time

2021202220230600 k1.2 M1.8 M2.4 MGigajoules (GJ)100%100%100%
  • Total Energy Produced
  • Total Energy Purchased
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