Telia (TELIA) Climate transition plan presentation summary

Climate strategy and targets

• Committed to net-zero GHG emissions by 2040, with interim targets of a 90% reduction in scope 1 and 2 emissions and a 50% reduction in scope 3 emissions by 2030, all SBTi-approved.

• Achieved a 74% reduction in own operations' emissions and 35% reduction in value chain emissions since 2018, primarily through 100% renewable electricity use.

• Focuses on supplier engagement, as over 90% of emissions are from the supply chain; 63% of supply chain emissions are now covered by science-based targets.

• Integrates climate criteria into supplier selection and collaborates with industry peers to drive decarbonization.

• Circular economy initiatives aim for zero waste by 2030 and increased take-back and refurbishment of devices.

Key actions and progress

• Drives decarbonization through upskilling workforce, energy efficiency, circularity, logistics, and supplier engagement.

• Uses 100% renewable electricity and is transitioning to renewable district heating and biodiesel for backup power.

• Modernizes networks by phasing out legacy infrastructure and expanding 5G, with 99% population coverage by 2025.

• Implements take-back programs and offers refurbished devices to extend product lifecycles and reduce emissions.

• Collaborates with suppliers to set and achieve science-based targets, focusing on top 50 suppliers responsible for 65% of supply chain emissions.

Opportunities and enablement

• Digital solutions, such as IoT and 5G, enable customers to reduce emissions and energy use, with estimated 397,443 tCO2e GHG reductions enabled in 2025.

• Supports SMEs in climate transition through the SME Climate Hub and industry collaborations.

• Circular business models and digitalization accelerate resource efficiency and decarbonization across sectors.