As of 2025, Telefonica 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 Telefonica's climate strategy, ambition level, and alignment with global decarbonization goals.
| Target Type | Scope of Target | Unit | Target | Target Year |
|---|---|---|---|---|
Absolute-based Target* | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2025 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%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 - Business Travel (Cat. 6), Scope 3 - Employee Commuting (Cat. 7), Scope 3 - Use of Sold Products (Cat. 11), Scope 3 - Downstream Leased Assets (Cat. 13), Scope 3 - Investments (Cat. 15) | Metric Tonnes of CO2 equivalent (mtCO2e) | -56%a | 2030 |
Absolute-based Target | Scope 1 - Total, Scope 2 - Total, Scope 3 - Total | Metric Tonnes of CO2 equivalent (mtCO2e) | -90%a | 2040 |
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As of 2025, Telefonica 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
As of 2025, Telefonica has set a target to reduce its operational greenhouse gas (GHG) emissions, specifically those from Scope 1 and Scope 2 sources.a
Telefonica's most ambitious operational target is to reduce these emissions by 90% by 2025, compared to a baseline of 1,022,365 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015.a
Telefonica has already surpassed its operational emissions reduction target, with 2025 levels falling below the 2025 value, achieving its climate goal ahead of schedule.a
As of 2025, Telefonica has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 9 out of the 15 Scope 3 categories defined by the GHG Protocol.a
Telefonica's most ambitious value chain target is to reduce these emissions by 56% by 2030, compared to a baseline of 4,240,961 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016.a
As of 2025, Telefonica is lagging behind on its value chain emissions reduction target, having achieved 60.66% of the planned reduction.a
As of 2025, Telefonica has set a target to reduce its total carbon footprint, specifically those from Scope 1, Scope 2 and Scope 3 sources.a
Telefonica's most ambitious carbon footprint target is to reduce its scope 1, 2 and 3 emissions from a baseline of 5,704,973 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015, by 90% by 2040.a
As of 2025, Telefonica is ahead of schedule on its total carbon footprint reduction target, having achieved 54.06% of the planned reduction.a