Our commitment
Connecting people is not just our job, it's our responsibility. And beyond that, we are committed to more sustainability, more responsibility and more digital participation.
ESG
We, Deutsche Telekom, are more than just another company, which provides society with infrastructure. Whatever the circumstances, we are a trusted companion. Whenever. Wherever. We take our responsibility to society and the environment very seriously. We live Corporate Responsibility. Day in, day out. We want to be leading in terms of climate protection and in the field of sustainable supplier management, while also ensuring equality of participation in the information and knowledge society. Forever making life easier for people and enriching it is our mission.
ESG is on Top of our Agenda:
Statements from our Q3-2022 Results Presentation
- Climate Targets:
- 2021: 100% of energy from renewable sources ✅
- 2025: Zero CO2 emissions within scope 1&2 (net)
- 2030: -25% CO2 emissions per customer (Scope 3; interim target)
- 2040: Zero CO2 emissions within scope 1-3 (net; latest)
- Energy1: Reduce consumption and double efficiency until 2024 (vs 2020), increase share of green PPAs to 50%1by 2025. 9M/22 energy consumption -11% in GER.
- Circularity1: 100% circular technology and devices by 2030, Zero ICT waste to landfill in Europe in 2022
- Mobility ambition: 100 % electrical cars for new business cars in DE from 2023 onwards
1Group ex US
- Diversity1: Increase share of female executives to 30% by 2030 (vs 22% in 2022)
- Employees1: At least maintain satisfaction level at 79% (2023 vs 2021). Share of digital experts at 18.6% in 2022 overachieves 2024 target of 17.2%
- Digital inclusion: Ambition to further increase the number of 28mn beneficiaries2 until 2025. TM US has invested $3.65bn in services to connect >4.3mn students
- TMUS: Leading Disability Employer3
1Group ex US
2People who have benefited from our commitment to digital inclusion and to a society that protects the climate and conserves resources
3by The National Organization on Disability
- Move of Group Corporate Responsibility department to CEO successfully implemented
- New BoM remuneration system (incl ESG targets) extended to all DT managers
- ESG integration1: Ambition to further integrate ESG into financial steering systems and company decisions
- Transparency: Board of Management hosted DT’s first Sustainability Day
1Group ex US
Sustainable Finance
As part of our CR strategy, we have taken part successfully for many years in ESG ratings, which we select based on reputation, relevance, and independence. When rating agencies give high marks to our social and ecological commitment, the T-Share is included in the financial market's sustainability indexes.
In 2021, the T-Share was again listed on leading sustainability indexes, including S&P Global’s prominent, and CSA-based, DJSI World and DJSI Europe. Our shares were also listed yet again on the FTSE4Good Index (for the tenth year running) and the UN Global Compact 100 Index. We are also listed on the Euronext Indices.
The table below presents a selection of other T-Share listings.
✓ Listed successfully
✕ Not listed
– Index did not exist in the relevant year
* Data audited by PwC
The Socially Responsible Investment (SRI) ESG KPI indicates the proportion of shares in Deutsche Telekom AG held by investors who take, among other criteria, environmental, social, and governance criteria into account for their investment strategy.
And our commitment for more sustainability pays off: As of September 30, 2021, 12 percent of all T-Shares were held by investors who partially take environmental, social, and governance criteria into account for their investment strategy; 10 percent were held by investors who manage their funds primarily in accordance with SRI aspects.
Our ambition: increase KPI
We have been using Group-wide KPIs since 2009 to monitor our performance: ESG (environmental, social, governance) KPIs (key performance indicators). They help us continue to systematically improve our performance. For example, we use specific KPIs to measure energy consumption and emissions, our sustainability efforts in the supply chain and our social activities.
Our national companies assist in the collection of Group-wide ESG KPIs by recording CR data themselves. These national companies represent 99 percent of the Group’s net revenue.
There are various standards for CR reporting for companies. Our CR report has been based for many years in particular on reporting in accordance with GRI. Since 2017, we have also been using the SDGs (Sustainability Development Goals) to make our performance transparen. In addition, Deutsche Telekom addresses the sustainability standards of the Sustainability Accounting Standards Board (SASB) in the reporting year, and the industry-specific analysis for the information and communications technology sector.
GRI Index
UN Global Compact – Communication on Progress
German Sustainability Code
Sustainability Accounting Standards Board (SASB)
Task Force on Climate-related Financial Disclosures (TCFD)
We have received numerous prizes and awards for our performance in the following fields:
- Awards for climate protection
- Awards for sustainable products and services
- Awards for sustainable finance
- Awards for our commitment to digital inclusion
- Awards for our commitment in the area of diversity
- Sales & service awards
- Awards for our mobile network in Germany
- Awards for our fixed network in Germany
- Awards for our work in training and development
- Awards for CR reporting
ESG Data and Background Information
Contact Corporate ResponsibilityYou are not an investor and have questions about our ESG activities or ambitions? Please contact us via this contact form.
