Telef\u00f3nica reaffirms its leadership in sustainability with the release of its ESG Profile 2024 and ESG Data Book. Both publications present the core ESG indicators\u2014environmental, social, and governance\u2014aligned with CSRD regulation and ESRS standards. This sustainability strategy aims to transform connectivity into a positive impact driver, solidifying Telef\u00f3nica\u2019s position as a leading reference in sustainable practices within the telecommunications sector.<\/p>\n
A sustainability strategy aligned with SDGs and European regulations <\/p>\n
Since 2021, Telef\u00f3nica has carried out a double materiality analysis, identifying the impacts, risks, and opportunities (IROs) that shape its long-term sustainability roadmap. In 2024, this assessment was validated against ESRS standards, reinforcing the connection between operational objectives, financial performance, and the responsible management of environmental and social impacts.\u00a0<\/p>\n
Environment: energy efficiency, circular economy, and net-zero emissions\u00a0 <\/p>\n
Telef\u00f3nica remains committed to achieving net-zero emissions by 2040, with targets validated by the SBTi initiative.\u00a0<\/p>\n
By the end of 2024:\u00a0<\/p>\n
Scope 1 and 2 emissions were reduced by 84.8% compared to 2015, and Scope 3 emissions by 31.3% compared to 2016.\u00a0100% of electricity in core markets is sourced from renewables, and 89% globally.\u00a0Eco Smart digital services certified by AENOR helped avoid 17.4 million tons of CO\u2082 emissions.\u00a095% of waste was reused or recycled, including over 5 million electronic devices.\u00a0Telef\u00f3nica continues to foster the circular economy through innovative digital tools such as MAIA and blockchain-based traceability platforms.\u00a0People: inclusion, Diversity, and Purpose-Driven Talent <\/p>\n
The Telef\u00f3nica ESG strategy also embraces a social pillar focused on inclusion, diversity, and human rights, promoting equitable access and professional development. In 2024:\u00a0<\/p>\n
Mobile broadband coverage in rural areas reached 95% in Spain, 99% in Germany, and 84% in Brazil.\u00a034% of executive roles are held by women, moving toward the 2027 target of 37%.\u00a0Telef\u00f3nica recorded an eNPS of 75 points, exceeding its yearly goal.\u00a0The company enhanced workplace safety and offered digital training to more than 1,166,072 million individuals through Fundaci\u00f3n Telef\u00f3nica.\u00a0Governance: ethics, transparency, and sustainable governance\u00a0 <\/p>\n
With a dedicated sustainability committee at the board level since 2002, Telef\u00f3nica\u2019s model of sustainable governance continues to strengthen:\u00a0<\/p>\n
Telef\u00f3nica ranks first in the Digital Rights index.\u00a0No significant breaches of personal data were reported in 2024.\u00a037.4% of corporate financing is linked to ESG indicators, progressing toward the 40% target by 2026.\u00a0Over 20,800 supplier audits ensured adherence to sustainability criteria.\u00a0Telef\u00f3nica also updated its ethical principles for Artificial Intelligence.\u00a0\u00a0 <\/p>\n
Read more in the links below:<\/p>\n","protected":false},"excerpt":{"rendered":"Telef\u00f3nica reaffirms its leadership in sustainability with the release of its ESG Profile 2024 and ESG Data Book.…\n","protected":false},"author":2,"featured_media":1967,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[124],"tags":[197,159,1086,155],"class_list":{"0":"post-1966","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-telefonica","8":"tag-environment","9":"tag-esg","10":"tag-society","11":"tag-telefonica"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/comments?post=1966"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/posts\/1966\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media\/1967"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/media?parent=1966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/categories?post=1966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/spain\/wp-json\/wp\/v2\/tags?post=1966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}