Lumen Technologies, Inc

Alternative Carriers

LUMN

$ 1.7 1.5

Share price

$ 1.7 bn

Market Cap

$ 22 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

2.5x the weighted average for S&P 500

FY2021

Primary Climate Goal

Proj. YOY change in GHG emissions (Scope 1 + 2)

FY2022

Lumen Technologies, Inc aims to reduce Scope 1 + 2 by 18% by 2025 from a base year 2018

This target is most likely outdated and the company appears to have already achieved it

<2°C

GHG emissions and Carbon intensity

Lumen Technologies, Inc reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,781 Kt (-223 /-11.1% y-o-y). Also positively, carbon intensity tumbled to 91 t (-6.2 /-6.4% y-o-y).

Lumen Technologies, Inc's Scope 3 emissions skyrocketed to 2,428 Kt (+907/+60% y-o-y). There has been no clear trend lately.

The company is committed to reducing Scope 1 + 2 by 18% by 2025 from a base year 2018, which it appears to have already achieved as of 2021. This science-based target is aligned with Paris Agreement to limit global warming to <2°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Scope 3	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	1,781	223	1,558	2,428	19,687	91
2020Q4	2,004	224	1,780		20,712	97
2019Q4	2,162	264	1,898	1,521	21,458	101
2018Q4	2,197	278	1,911	1,776	23,443	94
2012Q4	2,366	286	2,080