Telefónica ESG ratings: indexes, rankings and more
Telefónica has great dedication and commitment to environmental, social and governance (ESG) issues.
Telefónica demonstrates a strong dedication to Environmental, Social, and Governance (ESG) factors. Telefónica’s inclusion in various ESG ratings is a testament to its dedication to these principles.
Telefónica is listed in several ESG indexes, including the Bloomberg Gender-Equality Index, EcoVadis, FTSE Russell, MSCI, Refinitiv or the S&P DJSI. These listings demonstrate the company’s commitment to various aspects of ESG, such as gender equality, digital inclusion, environmental sustainability, and workforce diversity.
The company’s scores in these indexes are impressive. For instance, it scored 87/100 in the S&P Dow Jones ESG Indexes. In the Sustainalytics ESG Industry Top Rated Company, it scored 15.2 (low risk), ranking sixth in the world in the telecommunications sector. These high scores reflect Telefónica’s strong dedication to ESG principles
In the FTSE Russell, Telefónica scored 4.4/5, ranking first in the world in the telecommunications sector.
Telefónica demonstrates its dedication to ESG through the incorporation of sustainable principles into its internal policies and practices. The company has set ambitious targets for gender equality, aiming to have 33% of director roles filled by women and to achieve an adjusted pay gap of +/-1% by 2024. The company commits to doubling the number of employees with disabilities over the next two years.
In terms of environmental sustainability, Telefónica aims to have net zero emissions by 2040, including its value chain. It also aims to be a Zero Waste company by 2030, through eco-design, circular purchasing, reuse, and recycling. In 2022, the company obtained 82% of its electricity consumption from renewable sources, and it reduced carbon emissions by 80% (scope 1+2) compared to 2015.
In summary, Telefónica’s inclusion in various ESG indexes and its high scores in these indexes exemplifies a robust dedication of Telefónica through the integration of sustainable values into its internal policies and practices. By setting ambitious targets for gender equality, disability inclusion, and environmental sustainability, Telefónica is leading the way in ESG commitment in the telecommunications sector.
Explore additional ESG ratings, indexes and rankings in the document below:
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