Tele2

Integrated Telecommunication Services
TEL2-B.ST
SEK 85 1.8
Share price
$ 5.7 bn
Market Cap
$ 8.4 bn
Enterprise Value

Carbon footprint

0.25 Ton
GHG emissions per $ 1 mln investment
0.01x the weighted average for S&P 500
FY2022
How is this calculated?
-20%
YOY change in GHG emissions
Weaker than the +0.5% weighted average for S&P 500
FY2022 vs. previous year

Primary Climate Goal

-14%
Proj. YOY change in GHG emissions (Scope 1 + 2)
Stronger than the -8.2% weighted average for S&P 500
FY2023
How is this calculated?

Tele2 aims to achieve net zero for Scope 1 + 2 by 2029


1.5°C
Tele2's actual and proj. GHG emissions (Scope 1 + 2) (Kt of CO2e)

GHG emissions and Carbon intensity

Tele2's GHG emissions (market-based) (Kt of CO2e)
Tele2's Carbon intensity (Tons per 1 USDm)

Tele2's carbon footprint

Tele2 reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2022 at 2.1 Kt (-0.52 /-20.2% y-o-y). Also positively, carbon intensity decreased to 0.7 t (-0.1 /-12.5% y-o-y).

Tele2's Scope 3 emissions tumbled to 188 Kt (-27 /-12.4% y-o-y). The time series has been volatile over the last few periods.

The company is committed to achieving net zero for Scope 1 + 2 by 2029, which translates into the estimated reduction of -0.3 Kt per annum over the period of FY2023 - FY2029. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Company environmental metrics

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