Telefonica SA

Common Name
Telefonica
Country
Spain
Sector
Communication Services
Industry
Telecom Services
Employees
100,870
Ticker
TEF
Exchange
BOLSA DE MADRID
Description
Telefonica S.A. is a major telecommunications company based in Spain that plays a pivotal role in the global communications sector. With a core function of providing a range of digital and telecom sol...

Telefonica's Climate Target Data Preview

As of 2024, 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 TypeScope of TargetUnitTargetTarget Year
Absolute-based Target*
Scope 1 - Total, Scope 2 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
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a
2025
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 3 - Purchased Goods and Services (Cat. 1), Scope 3 - Capital Goods (Cat. 2), Scope 3 - Fuel- and Energy-Related Services (Cat. 3), Scope 3 - Business Travel (Cat. 6), Scope 3 - Use of Sold Products (Cat. 11)
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2030
Absolute-based Target
Scope 1 - Total, Scope 2 - Total, Scope 3 - Total
Metric Tonnes of CO2 equivalent (mtCO2e)
Copy restricted. Please purchase to unlock this data.
a
2040

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*. This target is limited in scope and does not represent the company's full operational or organizational boundaries

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Insights into Telefonica's Greenhouse Gas Emissions Pathways

As of 2024, 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

Does Telefonica have a target to reduce the emissions from its operations?

As of 2024, 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 2024 levels falling below the 2025 value, achieving its climate goal ahead of schedule. a

Telefonica's Operational (Scope 1+2) Emissions Pathway

2015202420250300 k600 k900 k1.2 MBaselineCurrent (-95%)

Does Telefonica have a target to reduce the emissions from its value chain?

As of 2024, Telefonica has set a target to reduce its value chain greenhouse gas (GHG) emissions, covering 5 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 2,855,544 Metric Tonnes of CO2 equivalent (mtCO2e) in 2016. a

As of 2024, Telefonica is on track to meet its value chain emissions reduction target, having achieved 55.86% of the planned reduction. a

Telefonica's Value Chain (Scope 3) Emissions Pathway

2016202420300750 k1.5 M2.25 M3 MBaselineCurrent (-31%)Target 2030 (-56%)

Does Telefonica have a target to reduce its total carbon footprint?

As of 2024, 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 4,666,699 Metric Tonnes of CO2 equivalent (mtCO2e) in 2015, by 90% by 2040. a

As of 2024, Telefonica is ahead of schedule on its total carbon footprint reduction target, having achieved 57.83% of the planned reduction. a

Telefonica's Carbon Footprint (Scope 1+2+3) Emissions Pathway

20152024204001.5 M3 M4.5 M6 MBaselineCurrent (-52%)Target 2040 (-90%)

Verified Sources Behind Telefonica’s Climate Targets Data

Every figure on this dashboard has a transparent audit trail. With Tracenable, each data point is traceable back to its original source, viewable directly inside our platform. Explore Telefonica’s data sources below and access millions more through our Disclosure Search .

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