Tele2 recognised by CDP with an A score for the fourth time

Stockholm, Sweden – Tele2 AB (“Tele2”) (Nasdaq Stockholm: TEL2 A and TEL2 B) today announces that global environmental non-profit CDP has, for the fourth consecutive year, recognized Tele2 for its leadership in corporate transparency and performance on climate change, placing the company on its annual A List.

Based on data reported through CDP’s 2025 Climate Change questionnaire, Tele2 is one of the 4% of companies that achieved an A out of a ranking of more than 22,000 companies. CDP’s annual environmental disclosure and scoring process is widely recognized as the gold standard in corporate environmental transparency. In 2025, over 640 financial institutions with over US$127 trillion in assets requested companies to disclose data on environmental impacts, risks and opportunities through CDP’s platform.

-          We are very proud of Tele2’s placement on CDP’s A List for the fourth year in a row, and that our efforts for climate action and transparency continue to receive international recognition. With our ambition to be a challenger in sustainability, the A ranking by CDP is also proof that we are moving in the right direction. It is also inspiring to see a significant increase in the number of companies joining CDP’s global climate movement, says Erik Wottrich, Head of Sustainability at Tele2.

Tele2 set its near-term science-based targets in 2021 and updated these in 2022 with a science-based net-zero target. Tele2 commits to:

• Reduce absolute scope 1 and 2 GHG emissions 90 percent by 2025 and 100 percent by 2029 from a 2019 base year.
• Reduce scope 3 GHG emissions 60 percent per subscription by 2029 from a 2019 base year.
• Reach net-zero greenhouse gas emissions across the value chain by 2035 from a 2019 base year.

Besides rapidly decarbonising its own operations, Tele2 is committed to reducing value chain emissions by promoting the circular economy and placing stricter demands on suppliers.

Read more about Tele2’s sustainability strategy and targets at tele2.com/sustainability.