Tele2

Integrated Telecommunication Services

TEL2-B.ST

SEK 94 (1.1)%

Share price

$ 6.2 bn

Market Cap

$ 9.2 bn

Enterprise Value

Carbon footprint

GHG emissions per $ 1 mln investment

0.01x the weighted average for S&P 500

FY2021

Primary Climate Goal

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

Stronger than the -6.6% weighted average for S&P 500

FY2022

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

1.5°C

GHG emissions and Carbon intensity

Tele2 reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 2.6 Kt (-8.7 /-76.9% y-o-y). Also positively, carbon intensity declined to 0.8 t (-2.9 /-78.4% y-o-y).

No public disclosure of Scope 3 emissions has been found for Tele2 at the moment.

The company is committed to achieving net zero for Scope 1 + 2 by 2029, which translates into the estimated reduction of -0.32 Kt per annum over the period of FY2022 - FY2029. This science-based target is aligned with Paris Agreement to limit global warming to 1.5°C above pre-industrial levels.

Date	Total CO2e emissions (market-based Scope 1 & 2) (Kt)	Scope 1	Scope 2	Revenue (USDm)	Carbon intensity (tons of CO2e) / (USDm)
2021Q4	2.6	2.4	0.15	3,130	0.8
2020Q4	11	2.5	8.8	3,006	3.7
2019Q4	59	4.2	55	2,965	20
2018Q4	151	6.3	145	2,743	55
2017Q4	183	5.9	177	2,930	63
2016Q4	174	6.7	167

Tele2

Carbon footprint

Primary Climate Goal

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

GHG emissions and Carbon intensity

Tele2's carbon footprint

Company environmental metrics