Assessment of Deutsche Telekom’s sustainability portfolio
Deutsche Telekom’s integrated climate strategy comprises four pillars, or main areas. One of the pillars consists of actions aimed at increasing the share of sustainable products and services in our product portfolio. A product can be classified as part of the company’s “sustainable product portfolio” if it most likely, or definitely, does not involve risks, and if it offers at least one sustainability advantage.
The assessment of our sustainable-product portfolio, including the relevant verifying documentation, was completed in Q1 2024. The results showed that 43 percent of our total revenue (2023 fiscal year, excluding the United States) was generated with sustainability-related products and services. In the year under review, our analysis also included review of selected products in light of EU taxonomy criteria.
The T-Systems product portfolio is constantly updated, as was also the case in 2023. Compared to 2020 there were several adjustments to the portfolio that were taken into account in examining the share of sustainable revenue. As a result of these portfolio adjustments, the number of product/service categories reviewed increased from 35 to 39 overall.
We have recorded this indicator since 2014 using our own methodology, which we adapted in 2022. As previously, a product can only be assigned to the sustainable product portfolio provided it is highly likely that the product does not entail any of the seven risks defined in our methodology. Additionally, a product must offer at least one of five sustainability benefits. Cost savings are still considered as additional information. However, a cost benefit does not constitute a sustainability benefit in and of itself.
Overview:
Financial basis for calculation |
2023 fiscal year, excluding the United States |
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Criteria for scope of assessment |
In scope |
Outside scope |
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Region |
Europe |
United States |
Services |
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Physical products |
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Defining the relevant landscape |
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Risk and benefit filter |
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Methods and content |
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2023 assessment findings (base: 2023 fiscal year, excluding the United States) |
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