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 GHG Emissions Data Preview

In 2024, Telefonica completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources), Scope 2 (indirect emissions from purchased energy), and Scope 3 (indirect emissions across the value chain).

Telefonica has also provided a category-level breakdown for 6 out of 15 Scope 3 emissions categories, offering greater transparency into its value chain emissions.

Metric (tCO2e)2024202320222021 - 2017
Total Scope 1
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Total Scope 2
Market-Based
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Location-Based
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Total Scope 3
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This table provides a simplified preview of selected GHG emissions 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 Telefonica's Operational Emissions

In 2024, the total operational greenhouse gas (GHG) emissions of Telefonica amounted to 1,062,326 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).

Compared to 2023, the total operational greenhouse gas (GHG) emissions of Telefonica decreased by 8.34%, showing that the company has made progress in taking action to reduce the climate impact of its operations.

Telefonica's Scope 1 Emissions Over Time

2018201920202021202220232024065 k130 k195 k260 ktCO2e-6%-13%-12%-28%-7%0%
  • Total Scope 1
  • Year-over-Year Change

What are Telefonica's Scope 1 emissions?

In 2024, the total Scope 1 emissions of Telefonica were 122,874 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Has Telefonica reduced its Scope 1 emissions over time?

Since 2018, Telefonica's Scope 1 emissions have decreased by 51.42%, reflecting a declining long-term trend in Scope 1 emissions over time.

Compared to the previous year (2023), Telefonica's Scope 1 emissions remained relatively stable, indicating that Telefonica's emissions have plateaued with no significant change in its operational footprint.

What are Telefonica's Scope 2 emissions?

In 2024, Telefonica reported Scope 2 greenhouse gas (GHG) emissions of 152,327 tCOâ‚‚e using the market-based method, and 939,452 tCOâ‚‚e using the location-based method.

Has Telefonica reduced its Scope 2 emissions over time?

Compared to the previous year (2023), Telefonica's Scope 2 emissions (Location-Based) have remained relatively stable, indicating that Telefonica 's emissions have plateaued with no significant change in its energy consumption footprint.

What methodology does Telefonica use for Scope 2 reporting?

In 2024, Telefonica reported its Scope 2 emissions using the market-based method and using the location-based method.

Telefonica's Scope 2 Emissions Over Time

20182019202020212022202320240350 k700 k1.05 M1.4 MtCO2e
  • Total Scope 2 Location-Based
  • Total Scope 2 Market-Based

Insights into Telefonica's Value Chain Emissions

In 2024, Telefonica reported 1,990,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain.

The 2024 disclosure of Telefonica includes a breakdown across 6 of the 15 Scope 3 categories defined by the GHG Protocol, up from 5 in 2023, reflecting improved emissions accounting practices and greater transparency across the company's value chain

Telefonica's Scope 3 Emissions Over Time

20182019202020212022202320240600 k1.2 M1.8 M2.4 MtCO2e-7%+1%-3%-7%+2%+1%
  • Total Scope 3
  • Year-over-Year Change

What are Telefonica's Scope 3 emissions?

In 2024, Telefonica reported total Scope 3 emissions of 1,990,852 metric tons of COâ‚‚ equivalent (tCOâ‚‚e).

Approximately 70.6% of these emissions originated from upstream activities such as purchased goods and capital goods, while 29.4% came from downstream activities like product use, distribution, and end-of-life treatment.

Has Telefonica reduced its Scope 3 emissions over time?

Since 2018, Telefonica's Scope 3 emissions have decreased by 13.29%, reflecting a declining long-term trend in Scope 3 emissions over time.

Compared to the previous year (2023), Telefonica's Scope 3 emissions remained relatively stable, indicating that Telefonica 's emissions have plateaued with no significant change in its value chain footprint.

What categories of Scope 3 emissions does Telefonica disclose?

In 2024, Telefonica reported emissions for 6 out of the 15 Scope 3 categories defined by the GHG Protocol.

This partial disclosure allows for some insight into the company's indirect impacts.

What are the main sources of Telefonica's Scope 3 emissions?

In 2024, the largest contributors to Telefonica's Scope 3 emissions were:

  • Purchased Goods and Services (Cat. 1): 1,066,137 tCOâ‚‚e (53.55%)
  • Use of Sold Products (Cat. 11): 556,777 tCOâ‚‚e (27.97%)
  • Capital Goods (Cat. 2): 208,494 tCOâ‚‚e (10.47%)

Telefonica's Scope 3 Emissions by Categories

Capital Goods(Cat. 2)(10.5%)Purchased Goods andServices (Cat. 1)(53.6%)Use of Sold Products(Cat. 11)(28.0%)

Insights into Telefonica's Total Carbon Footprint

In 2024, Telefonica reported a total carbon footprint of 3,053,178 metric tons of COâ‚‚ equivalent (tCOâ‚‚e) across Scope 1, Scope 2, and Scope 3 emissions. This represents a 2.44% decrease compared to 2023, indicating progress in reducing its overall greenhouse gas output.

The largest contributor to Telefonica's total carbon footprint was Scope 3 emissions, accounting for 65.21% of the company's total carbon footprint, followed by Scope 2 emissions at 30.77%.

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