Potential offtaker

Tele2 AB

www.tele2.com

Estimated electricity consumption

N/A

Countries of production presence

N/A

Tele2 AB is a Swedish telecommunications company that operates in the wireless telecommunications sector. The company was founded in 1993 and has since then grown to become one of the largest telecommunications companies in Europe. Tele2 AB provides a wide range of services, including mobile voice and data, fixed broadband, and digital TV. The company operates in 10 countries across Europe, with a total of 17 million customers.

Tele2 AB is committed to decarbonisation and reducing its carbon footprint. The company has set a target to reduce its carbon emissions by 50% by 2025, compared to its 2019 baseline. To achieve this goal, Tele2 AB is focusing on several key areas, including energy efficiency, renewable energy, and corporate power purchase agreements (PPAs).

Energy efficiency is a key focus area for Tele2 AB. The company is implementing a range of measures to reduce its energy consumption, including the use of energy-efficient equipment, the optimisation of cooling systems, and the implementation of energy-saving measures in its data centres. In addition, Tele2 AB is investing in renewable energy to reduce its reliance on fossil fuels.

Corporate PPAs are an important part of Tele2 AB's strategy to decarbonise its operations. A corporate PPA is an agreement between a company and a renewable energy provider to purchase a specified amount of renewable energy at a fixed price over a set period of time. By entering into a corporate PPA, Tele2 AB is able to secure a reliable and predictable source of renewable energy, while also supporting the development of new renewable energy projects.

Tele2 AB has signed several corporate PPAs in recent years. In 2019, the company signed a 12-year agreement with a wind farm in Sweden to purchase 100% of the energy generated by the wind farm. The wind farm is expected to generate around 670 GWh of renewable energy per year, which is equivalent to the energy consumption of around 134,000 households.

In addition to corporate PPAs, Tele2 AB is also investing in renewable energy projects. The company has installed solar panels on the roofs of its data centres in Sweden, which are expected to generate around 1.5 GWh of renewable energy per year. Tele2 AB is also exploring the use of other renewable energy sources, such as geothermal energy, to power its operations.

Corporate energy is another key focus area for Tele2 AB. The company is committed to reducing its energy consumption and increasing the use of renewable energy across its operations. To achieve this goal, Tele2 AB is implementing a range of measures, including the use of energy-efficient equipment, the optimisation of cooling systems, and the implementation of energy-saving measures in its data centres.

Tele2 AB is also investing in new technologies to reduce its energy consumption. The company is exploring the use of artificial intelligence (AI) and machine learning to optimise its energy use and reduce its carbon footprint. By using AI and machine learning, Tele2 AB is able to identify areas where energy consumption can be reduced and implement measures to achieve these reductions.

In conclusion, Tele2 AB is a Swedish telecommunications company that is committed to decarbonisation and reducing its carbon footprint. The company is focusing on several key areas, including energy efficiency, renewable energy, and corporate power purchase agreements (PPAs), to achieve its goals. By investing in renewable energy and implementing energy-saving measures, Tele2 AB is leading the way in the telecommunications sector and demonstrating its commitment to a sustainable future.

✓ Science Based Targets member
✓ Declared Net Zero commitment