Telia Achieves EcoVadis Platinum Medal for Third Year, Reflecting Strong Sustainability Performance

Telia Achieves EcoVadis Platinum Medal for Third Year, Reflecting Strong Sustainability Performance

(IN BRIEF) Telia has earned a spot in the top 1% of over 130,000 global companies assessed by EcoVadis for its sustainability efforts, receiving the EcoVadis Platinum Medal for the third consecutive year. The company improved its score to 87/100 in 2024, up from 83/100 the previous year, largely due to strong results in the Environment and Ethics categories. Telia was recognized for its use of renewable energy across all markets and its innovative services aimed at extending the life of mobile devices. The company also received praise for its efforts in managing corruption risks, supporting information security, and offering whistleblower mechanisms. Telia continues to pursue ambitious sustainability goals, including achieving net-zero emissions by 2040.

(PRESS RELEASE) STOCKHOLM, 10-Jan-2025 — /EuropaWire/ — Telia has once again earned a top-tier ranking in sustainability, securing a place in the top 1% of over 130,000 global companies evaluated by EcoVadis, a renowned provider of business sustainability ratings. For the third consecutive year, the company has been awarded the prestigious EcoVadis Platinum Medal, an acknowledgment of its continued leadership in responsible business practices.

EcoVadis evaluates sustainability performance across 21 criteria within four key themes: Environment, Labor & Human Rights, Ethics, and Sustainable Procurement. In 2024, Telia achieved an impressive combined score of 87/100, marking an improvement from the previous year’s 83/100.

The company’s progress was driven largely by notable improvements in the Environment and Ethics categories. In terms of environmental impact, EcoVadis commended Telia for its commitment to renewable energy, with all of its networks now fully powered by fossil-free sources. Additionally, Telia’s efforts to help consumers prolong the life of their mobile devices through innovative services were highlighted.

In the Ethics category, Telia was recognized for its robust approach to managing corruption risks, its comprehensive training programs, and its strong processes that support information security and provide a whistleblower mechanism.

Anna Augustson, Group Head of Sustainability at Telia, remarked, “Digitalization offers us a unique platform to drive positive change. Our ambitious sustainability goals, including achieving net-zero emissions by 2040 and expanding digital inclusion initiatives to reach 2.2 million people by 2026, are a key focus for us. This ranking from EcoVadis reflects our progress and motivates us to continue striving for greater impact.”

Telia’s 2024 sustainability efforts will be further detailed in its Annual Report, due for release on March 19, 2025, which will include updates on the company’s sustainability strategy and goals.

EcoVadis ratings are based on global standards such as the UN Global Compact’s Ten Principles, International Labour Organization conventions, the Global Reporting Initiative, and ISO 26000.

ABOUT TELIA

Telia Company (STO: TELIA) is a Nordic and Baltic telecommunications leader and Nordic media house, serving consumers, businesses and public sector customers with essential digital infrastructure, ICT services and entertainment. Our colleagues serve millions of customers every day in one of the world’s most connected regions. We’re the hub in the digital ecosystem, providing 26 million mobile, broadband and TV subscriptions that empower people, companies and societies to stay in touch with everything that matters 24/7/365. Learn more at www.teliacompany.com.

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SOURCE: Telia Company