Telia Company AB is a leading Swedish telecommunications operator serving as the incumbent provider in the Nordic and Baltic regions. It delivers a comprehensive suite of connectivity solutions, inclu... Telia Company AB is a leading Swedish telecommunications operator serving as the incumbent provider in the Nordic and Baltic regions. It delivers a comprehensive suite of connectivity solutions, including mobile and fixed-line telephony, high-speed broadband via fiber and mobile networks, and advanced Internet of Things (IoT) services. The company also offers enterprise-focused solutions such as LAN and WiFi networks, SD-WAN, dedicated private networks, data analysis, colocation, smart public transport, utilities, connected vehicles, GPS positioning, and fleet management. Operating primarily in Sweden, Norway, Finland, and the Baltic countries, Telia Company AB has strategically narrowed its focus to these core markets after divesting Asian operations. With a market capitalization around 146 billion SEK, it generates substantial revenue from service growth, maintaining robust EBITDA and free cash flow while managing leverage effectively. Telia plays a pivotal role in the telecom sector by driving digital infrastructure, supporting consumer, business, and public sector demands across its regions.
In 2024, Telia was subject to the Corporate Sustainability Reporting Directive (CSRD)'s requirements, which mandated the company to publish EU Taxonomy disclosures.
The company reported the eligibility and alignment of Turnover, Capital Expenditure (CAPEX) and Operating Expenditure (OPEX) with the EU Taxonomy, helping assess the extent to which its business activities align with Europe's environmental sustainability goals.
Telia has also provided an activity-level breakdown of its EU Taxonomy disclosures. This granular reporting enhances transparency around which economic activities of Telia are considered environmentally sustainable and contribute to at least one of the six environmental objectives defined under the EU Taxonomy framework.
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Turnover
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible Turnover
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
8.2 CCM - Data-driven solutions for GHG emissions reductions
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Opex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible Opex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
8.2 CCM - Data-driven solutions for GHG emissions reductions
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Metric
2024
2023
2022
2021 - 2017
Total Taxonomy Aligned Capex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Total Taxonomy Eligible Capex
0000000
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
8.2 CCM - Data-driven solutions for GHG emissions reductions
Copy/Paste is a PRO feature.
a
Copy/Paste is a PRO feature.
b
Copy/Paste is a PRO feature.
c
0000000
Limited Data Preview
You are viewing a limited preview of Telia’s EU Taxonomy dataset. The full dataset, available for download, includes eligibility and alignment metrics for turnover, CAPEX, and OPEX across all EU Taxonomy categories, at both aggregate and activity level, with historical coverage back to 2022.
Access Datasets, Disclosures, and Sources
pro
Remove manual data sourcing from your workflow. Subscribe to Tracenable Pro to get credits for accessing and exporting datasets and disclosures across 8,500+ companies with 10+ years of historical coverage.
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 Telia’s data sources below and access millions more through our Disclosure Search.
a. Telia's Annual Report 2024
b. Telia's Annual Report 2023
c. Telia's Annual Report 2022
Insights into Telia's Revenues from Sustainable Activities
In 2024, Telia reported EU Taxonomy-eligible revenues of SEK 1.96 billion, representing 2.19% of its total turnover. Of this amount, SEK 99.23 million of Telia's revenues was classified as EU Taxonomy-aligned, indicating that 0.11% of the revenue-generating activities undertaken by the company substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Telia's Taxonomy-Eligible Turnover Over Time
Total Taxonomy Eligible Turnover
Total Taxonomy Aligned Turnover
Have Telia's revenues become more sustainable over time?
Since 2022, Telia's taxonomy-aligned revenues decreased by 62.07%, indicating a long-term decline in environmentally sustainable revenue performance.a, c
Compared to the previous year (2023), Telia's taxonomy-aligned revenues decreased by 35.29%, suggesting that Telia may have deprioritized sustainable activities, shifted focus away from green offerings, or reduced transparency in its EU Taxonomy reporting.a, b
How much of Telia's revenue is eligible under the EU Taxonomy?
In 2024, Telia reported that SEK 1.96 billion of its revenue was eligible under the EU Taxonomy, representing 2.19% of the company's total turnover. Of this amount, SEK 99.23 million (0.11% of total revenue) was classified as Taxonomy-aligned. This means that 2.08% of Telia's revenue is eligible but not aligned, indicating that these activities did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards.a
How much of Telia's eligible revenue is aligned with the EU Taxonomy?
In 2024, Telia reported that SEK 99.23 million of its revenue was aligned under the EU Taxonomy, representing 0.11% of its total turnover.a
This low alignment highlights either a limited focus on green activities or early-stage adoption of sustainability frameworks, underscoring opportunities for further alignment with EU climate objectives.
Telia's Eligibility & Alignment Overview
Telia's Contribution to Environmental Objectives
Total Taxonomy Aligned Turnover
How is Telia's taxonomy-aligned revenue distributed across the EU environmental objectives?
In 2024, Telia reported that its taxonomy-aligned revenue was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.11%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much revenue does Telia earn from selling climate-related solutions ?
In 2024, Telia reported that SEK 98.04 million of its total revenue was associated with activities contributing to the EU taxonomy climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This accounted for 0.11% of the company's total revenue,indicating that Teliahas limited exposureon solutions that support climate action through its commercial activities.a
Insights into Telia's CAPEX from Sustainable Activities
In 2024, Telia reported EU Taxonomy-eligible CAPEX of SEK 1.15 billion,representing 5.95% of its total CAPEX. Of this amount, SEK 6.86 million of Telia's CAPEX was classified as EU Taxonomy-aligned, indicating that 0.04% of the company's investments were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Telia's Taxonomy-Eligible Capex Over Time
Total Taxonomy Eligible Capex
Total Taxonomy Aligned Capex
Have Telia's increased its investment in sustainable activities over time?
Since 2022, Telia's taxonomy-aligned capital expenditure (CAPEX)decreased by 55.56%,indicating a long-term decline in green capital deployment, potentially signaling shifting priorities or reduced focus on sustainability-linked investments.a, c
Compared to the previous year (2023), Telia's taxonomy-aligned CAPEX decreased by 42.86%,suggesting that Telia may have scaled back investments in sustainable projects, reprioritized its capital deployment, or reduced transparency in its taxonomy-aligned disclosures.a, b
How much of Telia's capital expenditure (CAPEX) is eligible under the EU Taxonomy?
In 2024, Telia reported that SEK 1.15 billion of its capital expenditure (CAPEX) was eligible under the EU Taxonomy, representing 5.95% of the company's total CAPEX. Of this amount, SEK 6.86 million (0.04% of total CAPEX) was classified as Taxonomy-aligned. This means that 5.91% of Telia's CAPEX is eligible but not aligned, indicating that these investments either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Telia's eligible CAPEX is aligned with the EU Taxonomy?
In 2024, Telia reported that SEK 6.86 million of its CAPEX was aligned under the EU Taxonomy, representing 0.04% of its total capital investment.a
This low alignment reflects that Telia is beginning to transition its capital allocation toward greener investments, but still retains substantial opportunities for further alignment with sustainability goals.
Telia's Eligibility & Alignment Overview
Telia's Contribution to Environmental Objectives
Total Taxonomy Aligned Capex
How is Telia's taxonomy-aligned CAPEX distributed across the EU environmental objectives?
In 2024, Telia reported that its taxonomy-aligned capital expenditure (CAPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 0.04%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much Telia is investing in climate-related solutions?
In 2024, Telia allocated SEK 7.71 million of its CAPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 0.04% of the company's total capital expenditure,indicating that Teliahas only marginally directed its capital expenditure toward climate-related activities, suggesting limited alignment with climate objectives.a
Insights into Telia's OPEX from Sustainable Activities
In 2024, Telia reported EU Taxonomy-eligible OPEX of SEK 1.14 billion,representing 49.92% of its total operating expenses (OPEX). Of this amount, SEK 57.44 million of Telia's OPEX was classified as EU Taxonomy-aligned, indicating that 2.51% of the company's operating expenses were directed toward economic activities that substantially contribute to one or more of the six environmental objectives, meet the Do No Significant Harm (DNSH) criteria, and comply with the Minimum Social Safeguards (MSS).a
Telia's Taxonomy-Eligible Opex Over Time
Total Taxonomy Eligible Opex
Total Taxonomy Aligned Opex
Have Telia's increased its spending in sustainable activities over time?
Since 2022, Telia's taxonomy-aligned operating expenditure (OPEX)decreased by 69.13%,indicating a long-term decline in sustainability-related operational spending, which may reflect shifting priorities or reduced emphasis on green initiatives.a, c
Compared to the previous year (2023), Telia's taxonomy-aligned OPEX decreased by 18.51%, suggesting that Telia may have reduced spending on environmentally sustainable activities, adjusted its operational priorities, or decreased the scope of its taxonomy-related disclosures.a, b
How much of Telia's operational expenditure (OPEX) is eligible under the EU Taxonomy?
In 2024, Telia reported that SEK 1.14 billion of its operational expenditure (OPEX) was eligible under the EU Taxonomy, representing 49.92% of the company's total OPEX. Of this amount, SEK 57.44 million (2.51% of total OPEX) was classified as Taxonomy-aligned. This means that 47.41% of Telia's OPEX is eligible but not aligned, indicating that these expenditures either did not meet the technical screening criteria, failed to comply with the Do No Significant Harm (DNSH) requirements, or lacked evidence of meeting the Minimum Safeguards (MSS).a
How much of Telia's eligible OPEX is aligned with the EU Taxonomy?
In 2024, Telia reported that SEK 57.44 million of its OPEX was aligned under the EU Taxonomy, representing 2.51% of its total operational expenditure.a
This low alignment reflects limited operational focus on green activities, suggesting that sustainability considerations have yet to be fully integrated into core operating processes.
Telia's Eligibility & Alignment Overview
Telia's Contribution to Environmental Objectives
Total Taxonomy Aligned Opex
How is Telia's taxonomy-aligned OPEX distributed across the EU environmental objectives?
In 2024, Telia reported that its taxonomy-aligned operational expenditure (OPEX) was distributed across the following EU environmental objectivesa:
Climate Change Mitigation: 2.51%
Climate Change Adaptation: 0%
Sustainable Use and Protection of Water and Marine Resources: 0%
Transition to a Circular Economy: 0%
Pollution Prevention and Control: 0%
Protection and restoration of biodiversity and ecosystems: 0%
How much of Telia's operational budget supports climate-related solutions?
In 2024, Telia allocated SEK 57.36 million of its OPEX to activities contributing to the EU Taxonomy's climate-related objectives (Climate Change Mitigation and Climate Change Adaptation). This represented 2.51% of the company's total OPEX,indicating that Teliahas only a limited share of operational expenditure aligned with climate goals, signaling early-stage or minimal integration of climate objectives into its routine activities.a