Home
Illustrated globe featuring solar panels, wind turbines, and illustrated satellite flight paths (Header Photo)

Climate protection: our path to achieving net zero by 2040

We are pursuing ambitious, science-based climate targets set out through the Science Based Targets initiative (SBTi) have been confirmed. By 2040, we aim for net zero emissions along our entire value chain. A climate transition plan sets out the path for this and describes the measures we want to take to achieve this. The framework for this is provided by our Group-wide climate strategy and our climate targets.

You can find more detailed information on the topic of climate protection in our audited Sustainability statement 2025.

Our Group-wide climate targets

Windmills (Icon)

2021: We achieved our goal of sourcing 100 % electricity from renewable sources (Scope 2, market-based method).

Office building (Icon)

2025: We achieved our goal of achieving net zero emissions in our own operations (Scope 1 and 2). To this end, we have reduced emissions from our own operations worldwide by more than 94 % compared to 2017. We neutralize the remaining emissions of our CO2e footprint through high-quality projects that bind CO2e from the atmosphere, e.g., through reforestation.

Scope 1 and 2 emissions

in kt CO2e

2017 a 2024 2023 b 2025 -94 % 2025 target up to -95 % vs. 2017 Carbon removals CO 2 e emissions (scope 1 and 2) 4,085 258 253 240 204 Net zero due tocarbon removals 2025 target
aBase year 2017 adjusted for the companies that have since been sold and newly added. Due to the relevance of 2017 as the base year, the value was adjusted retrospectively due to methodological changes (cf. b)
bSince 2023, values also include so-called ‘fugitive emissions’ from refrigerants and fire suppressants.
Line graph and circle chart (Icon)

By 2030: By the end of the decade, we aim to reduce CO2e emissions across Scopes 1–3 by 55 % in absolute terms compared to 2020. To achieve this, we are in close dialogue with our suppliers. The aim is to reduce emissions in production and the products manufactured in the use phase should consume less energy. This is our interim goal on the way to net zero emissions along the entire value chain.

Line graph (Icon)

“Net zero” by 2040: In 15 years at the latest, we want to achieve net zero emissions along the entire value chain – across all three scopes. To achieve this, it is necessary to reduce emissions by at least 90 % compared to 2020. Only up to 10 % may be neutralized via high-quality projects that bind CO2e from the atmosphere.

Climate transition plan – our path to net zero

Our transition plan helps us to steer the measures with which we want to achieve our SBTi-validated climate targets by 2030 and 2040 respectively. The basis for this is the calculations of greenhouse gas (GHG) emissions in recent years as well as our short-, medium- and long-term climate targets. The transition plan was confirmed at the highest level – by the Board of Management and the Supervisory Board of Deutsche Telekom AG. The chart below illustrates our milestones and levers.

0 15000 1 2 3 4 6 5 7 8 9 Circularity savings Supply chain and use Expected savings (90 %) (55 %) (38 %) 2020 2025 Savingsachieved Additional actions 2030 target 2040 target: Net zero (SBTi-aligned) 14,036 2,441 11,595 8,507 Own operations (5,288) (3,088) (2,201) 8,747 240 (~959) 6,316 1,404 (~39) Electrifi-cation of vehicle fleet and buildings Decar-bonizationof the supply chain Renewable energy use phase Energy savings use phase Logistics actions and others (~790) (~220) (~304) (~70) (~50) Own operations (Scope 1 and 2) Supply chain and use (Scope 3) CO₂ removal
The figures are based in part on estimates, assumptions, and projections. The figures for 2020 were adjusted retrospectively in the reporting year due to updated emissions factors and changes in methods and structures applied. These adjustments have yet to be made in the case of 51 % of the Scope 3 emissions in categories 1, 2, and 4. Adjustments to the base year have necessitated adjustments to the absolute target values.
0 15000 1 2 3 4 6 5 7 8 9 Circularity savings Supply chain and use Expected savings (90 %) (55 %) (38 %) 2020 2025 Savingsachieved Additional actions 2030 target 2040 target: Net zero (SBTi-aligned) 14,036 2,441 11,595 8,507 Own operations (5,288) (3,088) (2,201) 8,747 240 (~959) 6,316 1,404 (~39) Electrifi-cation of vehicle fleet and buildings Decar-bonizationof the supply chain Renewable energy use phase Energy savings use phase Logistics actions and others (~790) (~220) (~304) (~70) (~50) Own operations (Scope 1 and 2) Supply chain and use (Scope 3) CO₂ removal
The figures are based in part on estimates, assumptions, and projections. The figures for 2020 were adjusted retrospectively in the reporting year due to updated emissions factors and changes in methods and structures applied. These adjustments have yet to be made in the case of 51 % of the Scope 3 emissions in categories 1, 2, and 4. Adjustments to the base year have necessitated adjustments to the absolute target values.
  1. Savings achieved and expected savings: Savings achieved between 2020 and 2025 were 7.7 % for Scope 1 emissions and 99.2 % for Scope 2 emissions. Scope 1 and Scope 2 emission savings are expected at approximately 39 kilotons of CO2e emissions by 2030. Savings achieved for Scope 3 emissions were approximately 26.6 % between the base year and 2025. We expect general savings of approximately 2,431 kilotons of CO2e emissions by 2030.

  2. Electrification of vehicle fleet and buildings: Electrification and reduction of the vehicle fleet and modernization of buildings and reduction of floor space are key actions for lowering Scope 1 emissions. Using 100 % green energy and increasing the number of electric vehicles helps to reduce emissions. The number of electric vehicles rose by 2,836 in the reporting year. Scope 1 emissions were reduced by 5.3 % year-on-year in the reporting year.

  3. Decarbonization of the supply chain: In line with our sustainable procurement strategy, a Group-wide task force is leading an initiative to reduce GHG emissions at both the supplier and product level. Our efforts in this regard are guided by our own ambitious climate targets.

  4. Circularity savings: Circular economy actions help to lower our CO2e emissions. We continuously increase the proportion of recycled materials in our network technology, promote reuse of used equipment, and increase the proportion of refurbished equipment within the Group. By selling more refurbished smartphones, we also reduce emissions caused by new devices.

  5. Renewable energy use phase: We expect the share of renewable energy in the countries’ electricity mix to increase, which will lead to emissions savings in the use phase.

  6. Energy savings use phase: In addition to increasing the efficiency of our suppliers’ end products, we are also investing in our own product development. Increasing the efficiency of products and solutions in the use phase and hence reducing emissions in the downstream value chain will be key leverage here.

  7. Logistics actions & others: Optimizing logistics solutions for deliveries to our retail and business customers and extending product life cycles, e.g., by reusing refurbished devices, reduces our Scope 3 emissions. In addition, considering criteria for sustainable sourcing supports the concept of a circular economy, e.g., refurbishment and reuse.

  8. Additional actions: Based on the assumptions made in the reporting year, we still have a gap of 7 percentage points to close in order to achieve our 2030 climate target. In addition to the actions already taken, we will need to implement further measures in the coming financial years.

  9. CO2 removal: To achieve our goal of climate neutrality by 2040 (net zero), we will offset up to a maximum of 10 % of our remaining total emissions by means of high-quality carbon offset projects. We use internationally recognized standards (Oxford categories IV/V) for quality assurance.

More information on the climate transition plan, climate protection measures and efforts to reduce emissions can be found in our audited

Sustainability statement in the Annual Report 2025

The transition plan sets out important next steps to continuously reduce our emissions across the entire value chain. On this basis, we can derive necessary measures. This also includes the planning of necessary investments and budgets. We also include target values in other technical and financial planning parameters of the company. The consistent implementation of the necessary measures in the coming years is a common challenge that we must face with all departments involved and in close cooperation with our suppliers.

We take the financial impact of our emission reduction measures into account comprehensively in our transition plan.

In the downstream value chain, we plan operating and capital expenditures of approx. EUR 0.2 billion for the period from 2026 to 2029 (2025 to 2028: approx. EUR 0.3 billion). A key lever here is to further improve the energy efficiency of our products and solutions during the use phase. The funds earmarked for this purpose are mainly allocated to investments in property, plant and equipment. The investments mentioned address selected priority measures. A significant part of the emission reduction – especially in Scope 3 – is achieved through changes in the supply chain and in our products and can therefore only be partially covered directly through our own capital expenditures.

In the upstream value chain, the focus of the measures is on our suppliers. Since the implementation takes place there, these measures do not involve significant own operating or capital expenditure.

The electrification of the vehicle fleet is an important lever for our Scope1 emissions. To this end, we are planning operating and capital expenditures of around EUR 0.1 billion in the aforementioned period (2025 to 2028: approx. EUR 0.2 billion).

T‑Mobile US is currently not included in the financial quantification of the measures.

Our achievement of net-zero emissions in our own operations is based on consistent sustainable management. As a partner to our business customers, we combine digitalization and sustainability to help them achieve and measure their ESG goals with scalable solutions. Only those who lead the way themselves can credibly develop solutions for others.

Rodrigo Diehl Member of the Board of Management, Deutsche Telekom AG and Spokesman of the Board of Management, Telekom Deutschland GmbH

Copernicus Data Space Ecosystem: making climate change visible

Climate protection requires reliable data. Because only what is measurable can be effectively managed. In addition to its own measures, Deutsche Telekom, together with other stakeholders, is committed to improving the framework conditions for managing climate risks.

One example of this is the European Union’s Copernicus Data Space Ecosystem: It enables transparent and free access to comprehensive earth observation data on climate, the environment, and earth changes. As part of a long-term contract with the European Space Agency, funded by the European Union, and in cooperation with other partners, T‑Systems contributes its technological expertise to provide infrastructure for hosting and processing this data and make it available for various user groups.

The Copernicus Data Space Ecosystem particularly supports the observation and analysis of environmental and climate change, such as greenhouse gas emissions, the spread of wildfires, sea-level rise, and long-term climate trends. It thus provides a data-driven foundation for informed decisions in politics, business, and society. Municipalities also benefit from the available information, for example, in climate-resilient urban planning and infrastructure development. In agriculture, the data can support sustainable resource and water management, while emergency services can use it for rapid situational assessment in the event of a disaster.

The Copernicus Data Space Ecosystem is therefore a central European data infrastructure for visualizing environmental changes and systematically analyzing developments over time.

Involving suppliers in climate protection

We systematically involve our suppliers in our climate targets. This is done on the one hand through transparency requirements and the structured collection of climate data, for example via the CDP Supply Chain Program. On the other hand, we address suppliers throughout the Group and gradually integrate climate criteria into existing procurement and management processes in order to further strengthen the consideration of climate protection along the supply chain. The “Supplier Engagement Rating” of the non-profit organization CDP evaluates companies according to how actively they work with their suppliers on climate protection. In 2025, CDP once again included us in the “Climate Leader A list” and as a “Supplier Engagement Leader”. For more information about our CDP award, please visit CR strategy.

CDP Supply Chain Program

in %

2022 2023 2024 2025 52 51 46 46 Procurement volume covered by the CDP Supply Chain Program through carbon intensive suppliers
Excluding T-Mobile US

This was helped by the fact that we calculated supplier-specific emission intensities based on the responses of our suppliers in the CDP Supply Chain Program: for this purpose, we compared the total emissions of suppliers to their sales. The KPI “CDP Supply Chain Program” shows how much of our purchasing volume from suppliers is covered by the CDP Supply Chain Program. In 2025, this figure was again around 46 %.

Beyond climate protection, human rights and environmental protection are central fields of action in our supply chain. For more information, see Human rights and supply chain here in the CR report.

Looking ahead

In the reporting year, we achieved our goal of becoming greenhouse gas neutral in our own operations (Scope 1 and 2). This is mainly due to the global purchase of electricity from renewable energies, significantly improved energy efficiency in our grids, and measures in the building and mobility sectors. Our next interim goal is to reduce our CO2e emissions across Scopes 1–3 by 55 % in absolute terms by 2030 compared to 2020.

Deep Dive for Experts

Scope 1 and 2 emissions

Our Scope 1 emissions are mainly caused by the combustion of fossil fuels, such as fleet fuels, natural gas, and district heating and cooling. In the table below, we go into detail about our Group-wide Scope 2 emissions from our electricity consumption. We differentiate according to the methods “market-based” and “location-based” and thus follow the “GHG Protocol Scope 2 Guidance”. Emissions are reported in CO2 equivalents (CO2e).

Emissions – Scope 1 and Scope 2 (“market-based”)

 

 

 

 

 

 

2025

2024

2023

2022

Scope 1 and Scope 2 (“market-based”)a

 

 

 

 

Total in million

0.2

0.3

0.3

0.2

t CO2e emissions Scope 1

223,790

236,355

239,602

212,044

t CO2e emissions Scope 2 (“market-based”)b

16,375

16,212

17,957

21,019

a

Since 2023, CO2 emissions (Scopes 1 and 2) have also included fugitive emissions from refrigerants and fire suppressants.

b

If no provider factors are available for the market-based method, the country-related residual factor is used (based on the RE-DISS project of the European Commission, which assessed the national share of renewables). If there is no residual factor available either, the IEA factor is used (same as with the location-based method). As a rule, the value of the emission factor in the residual mix is higher than the IEA’s country mix factor. Renewable energy certificates are included in all cases.

Data is partly based on estimates, assumptions and projections. Includes offsets from purchased certificates.

Emissions – Scope 2 (“location-based”)

 

 

 

 

 

 

2025

2024

2023

2022

Scope 2 (“location-based”)

 

 

 

 

t CO2e emissions (Scope 2, “location-based”)

3,736,800

4,002,218

3,979,565

4,232,913

CO2 certificates

We use CO2 certificates from high-quality carbon removal projects that remove CO2e outside our value chain to neutralize residual emissions. These include, for example, reforestation projects in other regions. In the reporting period, we offset a total of 250,000 tons of CO2e outside our value chain through verified CO2e certificates (2024: 35,167 tons of CO2e). The majority of this was accounted for by CO2 certificates from removal projects: 243,000 tons of CO2e. Of this, 188,300 tons of CO2e are attributable to biogenic sinks (e.g., reforestation) and 61,700 tons of CO2e to technological sinks (2024: 25,000 and 8,000 tons of CO2e, respectively). All certificates used were tested in accordance with recognized quality standards and cancelled in the reporting year. Further information on CO2 certificates and quality standards can be found in our Sustainability statement.

Carbon Intensity

Since 2023, we have been reporting the “Carbon Intensity” KPI on the basis of sales. The numerator of the KPI takes into account the total CO2e emissions (Scope 1–3) of all energy sources – electricity, fuel, gas and district heating – and the denominator includes revenue. Location-based carbon intensity amounted to 105 metric tons of CO2e/million € in the reporting year. (2024: 121 tons of CO2e/million €). Market-based carbon intensity was 73 metric tons of CO2e/million € (2024: 86 tons of CO2e/million €). Compared to previous years, carbon intensity has been steadily declining since 2023. As a result, the relationship between economic performance and greenhouse gas emissions has shifted over time: fewer emissions are generated per unit of sales.

The figures reported for 2024 were adjusted retrospectively in the reporting year due to updated emission factors and methodological and structural changes.

Carbon Intensity

in t CO2e / million € revenue

105 73 121 86 130 95 2025 2024 2023 Market-based Location-based Neu

Alignment with TCFD recommendations

In 2015, the Task Force on Climate-related Financial Disclosures (TCFD) was established at the Paris Climate Change Conference. Its goal is to develop voluntary and uniform climate-related financial disclosures. In 2017, the TCFD published concrete recommendations for implementation. Companies can use these as a guide to inform investors, lenders, insurers and other stakeholders about the risks of climate change for their business model. In parallel with the recommendations in the area of climate, the final standard of the Taskforce on Nature-related Financial Disclosures (TNFD) was published in 2023. This deals with nature-related opportunities and risks. Details on Deutsche Telekom’s commitment to biodiversity can be found here in the CR report under Operational resource protection.

We welcome the goals behind the TCFD and are steadily advancing our TCFD-compliant reporting. The physical risks posed by climate change include extreme weather conditions, which are already becoming increasingly evident today. Transitory risks such as the development of the CO2 price are also increasingly determining the political discourse. This has a direct impact on our work and our stakeholders. The risks to the continuation of our operations are analyzed by our risk management and operationally managed in the business units. In addition, we are internally evaluating how reporting on climate-related financial risks and opportunities can be aligned with the TCFD’s recommendations. This is done based on the existing approaches to strategy, controlling and risk management.

Governance

a) Describe the Board’s oversight of climate-related opportunities and risks.

  • Together with the rest of the Board of Management of Deutsche Telekom, our CEO is responsible for climate-related issues for the entire Group. This includes, among other things, our climate strategy, climate targets and climate-related opportunities and risks.

  • The Board of Management of Deutsche Telekom is informed annually about the current status of climate target achievement and company-relevant climate issues.

  • Deutsche Telekom’s Risk Management department also reports quarterly to the Audit Committee of the Supervisory Board on ESG risks and opportunities. If unforeseen risks occur outside of regular reporting, they are reported on an ad hoc basis and reported to the Management Board and Supervisory Board. The main risks for the Deutsche Telekom Group are disclosed in our Annual Report.

For more information, please visit:

b) Describe the role of management in assessing and managing climate-related opportunities and risks.

  • The Group Corporate Responsibility (GCR) department is responsible for managing CR and climate-related issues, supported by Group-wide risk management. This also includes the assessment of climate-related opportunities and risks. The Group’s business units and segments are responsible for implementing the climate strategy.

For more information, please visit:

Strategy

a) Describe the climate-related opportunities and risks that the organization has identified in the short, medium, and long term.

  • A key climate-related risk is the possible failure of the grid infrastructure due to damaged secondary infrastructure (e.g., power outages) or failed cooling systems. Another risk is the possible damage or failure of the grid due to damage to the grid infrastructure itself, which can occur due to extreme weather events or changes in climatic conditions. These risks can cause short-, medium- and long-term damage and also increase insurance premiums. Climate-related physical hazards are expected to increase in the future.

  • The increasing demands of stakeholders, especially investors, customers and NGOs, can offer a strategic opportunity for more environmentally sustainable action. The increasing expectations and demands of these groups are driving us to adapt our business strategies and ‑practices. It also serves as a motivation to develop innovative and more environmentally friendly solutions, which creates financial opportunities. Competitive advantages can also be achieved by positioning itself as a responsible and future-oriented company.

For more information, please visit:

b) Describe the impact of climate-related opportunities and risks on the organization’s operations, strategy, and financial planning.

  • Deutsche Telekom’s business activities are highly resilient to climate change. Nevertheless, climate-related opportunities and risks have impacted our business activities in many ways: Energy efficiency is of great importance to Deutsche Telekom, as energy consumption in the network has a strong impact on operating costs, but also due to the strategic approach to climate protection and the increasing concerns and expectations of our stakeholders. The long-term incentive (LTI) of the members of the Board of Management also includes an ESG multiplier that includes the non-financial environmental performance indicators “Energy consumption” and “CO2 emissions” (Scope 1 and 2).

For more information, please visit:

c) Describe the resilience of the organization’s strategy, taking into account various climate-related scenarios, including a scenario of 2 °C or lower.

  • In 2023, we analyzed selected Deutsche Telekom sites in Germany, Hungary, Greece and Croatia with regard to their physical climate risks. The analysis included all data centers as well as critical infrastructure in the fixed network and a sample in the mobile network. In 2024, we expanded this analysis to Austria, Poland, Slovakia, the Czech Republic, and the United States. The analysis thus includes the units that accounted for almost 100 % of our sales in 2025. In this context, locations from the mobile, fixed-network and data center sectors were included, the functionality of which has a significant impact on our business activities: In total, we analyzed more than 8,000 locations with the help of the “Climate Change Edition” of Munich Re’s “Location Risk Intelligence” software, which is based on the climate scenarios of the Intergovernmental Panel on Climate Change (IPCC). The analysis included nine climate indices. We looked at the risk hazard for the respective sites in two IPCC climate scenarios: a business-as-usual scenario (RCP 4.5/SSP2-4.5), in which the global temperature increase will be above 2 °C, and a four-degree scenario (RCP 8.5/SSP5-8.5). For transitory climate risks, we use the “Net Zero Emissions 2050 Scenario” (NZE), which takes into account a limitation of global warming by 1.5 °C by 2050. In addition to the climate scenarios, we also examined the risk hazard in different periods: in the reporting year for the years 2030, 2040 and 2050.

For more information, please visit:

Risk management

a) Describe the organization’s processes for identifying and assessing climate-related risks.

  • When assessing climate risks, we assessed the probability of occurrence and the extent of the risk. We assessed both the physical climate risks and the transitory hazards, taking into account the geographical coordinates of key Deutsche Telekom sites. For the transitory risk assessment, we also analyzed the upstream and downstream value chain. In the reporting year, the physical climate risk analysis was expanded to include a look at the upstream value chain.

For more information, please visit:

b) Describe the organization’s processes for dealing with climate-related risks.

  • Based on expert knowledge, risks and opportunities are assessed according to their financial impact (on an EBITDA-AL basis) and the probability of their occurrence. If it is not possible to quantify risks and opportunities, qualitative reporting is also possible. Once the risks and opportunities have been identified, they are analyzed and assessed in more detail with regard to their probability of occurrence and their potential financial impact, e.g., with the help of a scenario analysis. We then decide which concrete measures need to be taken, e.g., reduce risks or seize opportunities. The respective risk owner then implements, monitors and evaluates the measures. If necessary, the steps are repeated and adapted to the latest developments and decisions.

For more information, please visit:

c) Describe how the processes for identifying, assessing and managing climate-related risks are integrated into the organization’s risk management.

  • Our processes for identifying and assessing climate-related risks are fully integrated with company-wide multidisciplinary risk identification-, ‑assessment and management processes. Risks and opportunities (EBITDA impact of more than € 100 million) are identified on a quarterly basis through a Group-wide risk management process (RMP) designed and managed by the Group Risk Governance department. The RMP provides methods and systems for identifying and assessing risks and opportunities. Responsibility for reporting on Group risks and opportunities is distributed among the respective business units, so GCR is responsible for climate risks. Further information on the risk process can be found in our Annual Report.

In addition, the risk department works closely with GCR to identify material climate-related opportunities and risks.

For more information, please visit:

Key figures and objectives

a) Disclosure of the metrics used by the organization to assess climate-related opportunities and risks in accordance with its strategy and risk management process.

  • The key metrics for measuring and managing climate-related opportunities and risks are:

    • Scope 1 To Scope 3 Emissions

    • KPI “Carbon Intensity”

    • Share Of Renewable Energies

    • Energy Consumption

    • KPI “Energy Intensity”

    • Enablement Factor

    • Waste Generation (Incl. E-Waste)

    • Waste Management & Recycling

    • Water Consumption

    • Land Use

  • In addition, we calculate the proportion of our sales related to sustainability and continuously analyze products based on defined sustainability criteria.

  • Historical key figures of Deutsche Telekom and the national companies are published in the key figures tool of the CR report.

For more information, please visit:

b) Disclosure of greenhouse gas (GHG) emissions (Scope 1, Scope 2 and, where applicable, Scope 3) and the associated risks

  • Deutsche Telekom discloses Scope 1–3 emissions annually in its Annual Report.

  • We calculate both Scope 1 and 2 emissions as well as Scope 3 emissions on the basis of the GHG Protocol.

c) Describe the goals used by the organization to manage climate-related opportunities and risks and performance against the goals.

  • The two non-financial performance indicators “energy consumption” and “CO2 emissions” (Scope 1 and 2) have been part of the variable compensation of the Board of Management since 2021 and have also been relevant for our international managers (excluding T‑Mobile US) and all employees of the Group in Germany who are not covered by collective bargaining agreements since 2022. The achievement of responsibilities-related targets for selected relevant functions are part of the performance-based remuneration, as are targets based on the “Sustainable Investment (SRI)” KPI and the “Listing of the T‑Share in the Sustainable Indices/Ratings” target, which reflect climate change issues and the directly related “Energy Intensity” KPI.

  • Deutsche Telekom AG’s climate targets are published in the CR report and the Annual Report.

  • Our energy efficiency targets are disclosed here in the CR report.

Relevant Standards

Global Reporting Initiative (GRI)

  • GRI 3-3 (Management of material topics); GRI 305: Emissions

  • GRI 305-1 (Direct GHG emissions)

  • GRI 305-2 (Energy indirect GHG emissions)

  • GRI 305-5 (Reduction of GHG emissions)

CDP
An initiative by institutional investors that aims to promote dialog between investors and companies on climate change issues. The project counts the world’s largest companies among its members. The companies disclose data on their greenhouse gas emissions and climate protection strategies. The CDP collects and publishes the data on an annual basis.
Glossary
CO2e – Carbon dioxide equivalents
CO2e indicate the greenhouse gas potential of various climate-damaging gases and clarify how much a specific quantity of a greenhouse gas contributes to the greenhouse effect. The reference value used here is carbon dioxide (CO2).
Glossary
ESG
ESG describes a company’s conduct from an environmental, social and governance perspective.
Glossary
GHG Protocol
The Greenhouse Gas (GHG) Protocol divides emissions of greenhouse gases into the categories of Scope 1, Scope 2, and Scope 3, depending on their source.
Scope 1 includes all emissions directly generated in the Company, e.g., as a result of the consumption of fuel or fuel oil.
Scope 2 covers all indirect emissions associated with the generation of energy purchased by the Company from external sources, e.g., electricity and district heating.
Scope 3 applies to all other emissions generated along the corporate value chain. This comprises both indirect emissions in the company itself (e.g., business trips, commuting), and emissions from upstream value chain stages (e.g., procurement, logistics) and downstream stages (e.g., during customer use of products and services, during disposal).
Glossary
KPI
In business administration, key performance indicators are figures that are used to quantitatively measure the progress that an organization has made in the implementation of its main objectives.
Glossary
Location based
Location-based values are determined using the average emission factors of the area where power is being consumed.
Glossary
Market-based
Market-based values relate to the emission factors of the electricity supplier or specific electricity contract.
Glossary
Net zero emissions
Net zero refers to the point at which anthropogenic greenhouse gas emissions are no longer accumulating in the atmosphere. To achieve this balance, greenhouse gas emissions must be reduced to a minimum and any remaining emissions must be offset through measures that remove carbon from the atmosphere.
Glossary
Scope 1 and Scope 2 emissions
The Greenhouse Gas (GHG) Protocol divides emissions into the Scope 1, Scope 2 and Scope 3 categories, depending on the degree to which they can be influenced by the reporting company: Scope 1 accounts for all direct GHG emissions. Scope 2 accounts for indirect emissions associated with the generation of electricity, steam, or heat purchased from external sources. Scope 3 allows for the treatment of all other indirect emissions associated with logistics, use of materials, supplies, and waste disposal, including emissions generated by service and manufacturing companies working for the reporting company and their upstream suppliers
Glossary
TCFD
The United Nations Climate Change Conference hosted in Paris in 2015 saw the launch of the Task Force on Climate-related Financial Disclosures (TCFD), which sets out to develop voluntary, consistent climate-related financial risk disclosures. In 2017, the TCFD published specific recommendations for putting these disclosures into practice, which companies can use as a guideline to inform investors, lenders, insurers, and other interest groups about the risks climate change presents for their business model.
Glossary

Topic filter

Results

  • Welcome to our topic filter! Please select one or more topics to filter the report according to your interests.
  • The topics you selected unfortunately did not produce any results. Please select a different topic combination.