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Tele2 named Sweden’s sole telecom operator on CDP’s climate ‘A list

Based on data reported through CDP’s 2023 Climate Change questionnaire, Tele2 is one of a limited number of companies that achieved an ‘A’ out of a ranking of more than 21,000 companies. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard in corporate environmental transparency. In 2023, over 740 financial institutions with over US$136 trillion in assets requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform.

We are very proud of Tele2’s placement on CDP’s ‘A List’ for the second year in a row, and that our efforts for climate action and transparency are continuing to receive international recognition. With our ambition to lead in sustainability, the ‘A’ ranking by CDP is also proof that we are moving in the right direction. It is also inspiring to see a significant increase in the number of companies this year joining CDP’s global climate movement, says Erik Wottrich, Head of Sustainability at Tele2.

Tele2 set its near-term science-based targets in 2021 and updated these in 2022 with a science-based net-zero target. Tele2 commits to:

  • reduce absolute scope 1 and 2 GHG emissions 90% by 2025 and 100% by 2029 from a 2019 base year.
  • reduce scope 3 GHG emissions 60% per subscription by 2029 from a 2019 base year.
  • reach net-zero greenhouse gas emissions across the value chain by 2035 from a 2019 base year.

Besides rapidly decarbonising its own operations, Tele2 is committed to reducing value chain emissions by promoting the circular economy and placing stricter demands on suppliers.

CT Bureau

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