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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0000000
Total Scope 2
Market-Based
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b
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b
0000000
Location-Based
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b
0000000
Total Scope 3
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b
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b
0000000
Total Scope 1 Revenue Intensity (tCO2e/$M)
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b
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Verified Sources Behind Telefonica’s Greenhouse Gas (GHG) Emissions 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.

a. Telefonica's Verification report 2024
a. Telefonica's Verification report 2024
b. Telefonica's Annual Report 2023
b. Telefonica's Annual Report 2023
c. Telefonica's Annual Report 2022
c. Telefonica's Annual Report 2022
d. Telefonica's Consolidated Management Report 2020
d. Telefonica's Consolidated Management Report 2020

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). a

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. a b

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 CO₂ equivalent (tCO₂e). a

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. a d

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. a b

What are Telefonica's Scope 2 emissions?

In 2024, Telefonica reported Scope 2 greenhouse gas (GHG) emissions of 152,327 tCO₂e using the market-based method and 939,452 tCO₂e using the location-based method. a

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. a b

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. a

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 CO₂ equivalent (tCO₂e) of Scope 3 greenhouse gas (GHG) emissions, representing indirect emissions across its upstream and downstream value chain. a

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 a

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 CO₂ equivalent (tCO₂e). a

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. a

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. a d

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. a b

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. a

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: a

  • Purchased Goods and Services (Cat. 1): 1,066,137 tCO₂e (53.55%)
  • Use of Sold Products (Cat. 11): 556,777 tCO₂e (27.97%)
  • Capital Goods (Cat. 2): 208,494 tCO₂e (10.47%)

Telefonica's Scope 3 Emissions by Categories

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

Insights into Telefonica’s GHG Emissions Intensity Compared to Industry Peers

In 2024, Telefonica reported Scope 1 greenhouse gas (GHG) emissions of 122,874 tCO₂e and total revenues of USD 42,993 millions. This translates into an emissions intensity of 2.86 tCO₂e per millions USD. a

Telefonica's Scope 1 Emissions Intensity Compared to Peers

2002,00020,000500,0005,000,000Scope 1 Emissions (tCO2e)2001,0005,00050,000200,000Revenues (Millions of USD)CSwisscomYear: 2024Scope 1: 10,927 tCO2eRevenue: $M 12,187Scope 1 Intensity: 0.90 tCO2e/$MTelkom Indonesia (Persero)Year: 2024Scope 1: 82,085 tCO2eRevenue: $M 9,323Scope 1 Intensity: 8.80 tCO2e/$MChina TowerYear: 2024Scope 1: 50,748 tCO2eRevenue: $M 14,584Scope 1 Intensity: 3.48 tCO2e/$MIndus TowersYear: 2025Scope 1: 1,381,756 tCO2eRevenue: $M 3,526Scope 1 Intensity: 391.92 tCO2e/$MAirtel AfricaYear: 2025Scope 1: 89,869 tCO2eRevenue: $M 3,659Scope 1 Intensity: 24.56 tCO2e/$MKTYear: 2024Scope 1: 63,695 tCO2eRevenue: $M 17,977Scope 1 Intensity: 3.54 tCO2e/$MTrueYear: 2024Scope 1: 9,721 tCO2eRevenue: $M 6,000Scope 1 Intensity: 1.62 tCO2e/$MSoftBankYear: 2024Scope 1: 9,485 tCO2eRevenue: $M 40,174Scope 1 Intensity: 0.24 tCO2e/$MHKT Trust and HKTYear: 2024Scope 1: 5,314 tCO2eRevenue: $M 4,475Scope 1 Intensity: 1.19 tCO2e/$MCelcomDigiYear: 2024Scope 1: 43,810 tCO2eRevenue: $M 2,836Scope 1 Intensity: 15.45 tCO2e/$MChina UnicomYear: 2023Scope 1: 100,000 tCO2eRevenue: $M 52,427Scope 1 Intensity: 1.91 tCO2e/$MTelefonica BrasilYear: 2023Scope 1: 25,567 tCO2eRevenue: $M 10,742Scope 1 Intensity: 2.38 tCO2e/$MAFK SistemaYear: 2022Scope 1: 948,133 tCO2eRevenue: $M 13,057Scope 1 Intensity: 72.62 tCO2e/$MTim SA (brazil)Year: 2023Scope 1: 11,964 tCO2eRevenue: $M 4,914Scope 1 Intensity: 2.43 tCO2e/$MBharti AirtelYear: 2025Scope 1: 74,559 tCO2eRevenue: $M 20,246Scope 1 Intensity: 3.68 tCO2e/$MCCChina Communications ServicesYear: 2024Scope 1: 263,200 tCO2eRevenue: $M 22,374Scope 1 Intensity: 11.76 tCO2e/$MBCEYear: 2024Scope 1: 125,729 tCO2eRevenue: $M 16,968Scope 1 Intensity: 7.41 tCO2e/$MKDDIYear: 2024Scope 1: 5,451 tCO2eRevenue: $M 37,986Scope 1 Intensity: 0.14 tCO2e/$MSoftBank GroupYear: 2023Scope 1: 7,477 tCO2eRevenue: $M 49,321Scope 1 Intensity: 0.15 tCO2e/$MTelecom ItaliaYear: 2024Scope 1: 52,402 tCO2eRevenue: $M 15,029Scope 1 Intensity: 3.49 tCO2e/$MTPG TelecomYear: 2024Scope 1: 2,700 tCO2eRevenue: $M 3,423Scope 1 Intensity: 0.79 tCO2e/$MVodacom GroupYear: 2024Scope 1: 196,600 tCO2eRevenue: $M 7,975Scope 1 Intensity: 24.65 tCO2e/$MChorusYear: 2023Scope 1: 740 tCO2eRevenue: $M 601Scope 1 Intensity: 1.23 tCO2e/$MT-Mobile USYear: 2023Scope 1: 66,851 tCO2eRevenue: $M 78,556Scope 1 Intensity: 0.85 tCO2e/$MTelefonicaYear: 2024Scope 1: 122,874 tCO2eRevenue: $M 42,993Scope 1 Intensity: 2.86 tCO2e/$M

How does Telefonica's GHG emissions intensity compare to its peers?

In 2024, Telefonica reported a Scope 1 emissions intensity of 2.86 tCO₂e per millions USD. Compared to the peer group median of 2.96 , this places the company below its industry benchmark, indicating it is more carbon-efficient than most competitors. a

Where does Telefonica rank on GHG emissions intensity within its industry?

In 2024, Telefonica ranked 13 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD). a

Telefonica is therefore positioned in the mid-range of its industry, neither a clear leader nor a laggard in carbon efficiency. a

Insights into Telefonica's Total Carbon Footprint

In 2024, Telefonica reported a total carbon footprint of 3,053,178 metric tons of CO₂ equivalent (tCO₂e) 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. a b

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%. a

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