Integrated Telecommunication Services
€ 9.5 1.1
Share price
$ 27 bn
Market Cap
$ 63 bn
Enterprise Value

Carbon footprint

21 Ton
GHG emissions per $ 1 mln investment
0.56x the weighted average for S&P 500
How is this calculated?
YOY change in GHG emissions
Weaker than the +4.2% weighted average for S&P 500
FY2021 vs. previous year

Primary Climate Goal

Orange aims to reduce Scope 1 + 2 by 30% by 2025 from a base year 2015

This target has not been verified as science based according to SBTi

GHG emissions and Carbon intensity

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

Orange's carbon footprint

Orange reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 1,303 Kt (+30/+2.3% y-o-y). Carbon intensity also increased marginally to 26 t (+0.1/+0.4% y-o-y).

Orange's Scope 3 emissions declined to 6.5 Kt (-8.3 /-56% y-o-y). This is broadly in line with the declining trend (CAGR -52.4%) since 4Q'19.

The company has not set a company-wide target for an absolute reduction in GHG emissions yet.

Orange also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Orange commits to reduce absolute scope 1 and 2 GHG emissions by 29.6% by 2025 from a 2018 base year. Orange commits to reduce its scope 3 emissions 14% by 2025 from a 2018 base year.

Company environmental metrics

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