Telia Company AB

Telia Company AB reported Total CO2e Emissions - Market-Based Scope 1 + Scope 2 for the twelve months ending 31 December 2021 at 13 Kt (0/ y-o-y). Carbon intensity also remained unchnaged at 1.3 t.

Telia Company AB's Scope 3 emissions declined to 1,151 Kt (-54 /-4.5% y-o-y). The performance has been erratic recently.

The company is committed to achieving net zero for Scope 1 + 2 by 2030, which translates into the estimated reduction of -1.4 Kt per annum over the period of FY2022 - FY2030. This target, however, has not been recognised as science-based (and as aligned with Paris Agreement) by the SBTi.

Telia Company AB also has a science-based goal that, however, does not appear to explicitly target a company-wide reduction in emissions in absolute terms. Telia Company commits to reduce absolute scope 1 and 2 GHG emission 50% by 2025 from a 2018 base year. Telia Company commits to reduce absolute scope 3 GHG emissions from use of sold products 29% by 2025 from a 2018 base year. Telia Company commits that 72% of its suppliers by emissions covering purchased goods and services and capital goods, will have science-based targets by 2025.