Telefonica has ambitious targets to tackle climate change aligned with the Paris Agreement. In 2016, they launched a Renewable Energy Plan to decarbonize its activity. It will enable them to consume 100% green electricity by 2030, and reduce carbon emissions by more than 50%. Nowadays Telefonica is 100% renewable in Europe and Brasil, an 58% at a global level, and has reduce 34% ist carbon emissions. The Renewable Energy Plan is a global initiative implemented with a local perspective. It includes renewable purchase possibilities, like long term agreements (PPA), and also self-generation with more tan 4300 sites working with renewable electricity.
“An ambitious investment in green technologies and contribution towards the UN-SDGs, that deserves credit for the scale, impact and the potential on raising awareness on both their employees and their customers in the use of renewables”