Via its software platform, The Climate Choice collected climate-relevant data from selected suppliers of O2 Telefónica.
Suppliers received reporting, key benchmarks and analyses on their climate potential and strengths.
The collected primary data serves as a basis for the decarbonization of O2 Telefónica in Scope 3.
O2 Telefónica provides telecommunication services to consumers and businesses. The company is one of the leading integrated telecommunication providers in Germany.
O2 Telefónica aims to be net CO2 neutral by 2025 at the latest. The company has already reduced the direct CO2 emissions in Scope 1, and indirect emissions by 97% in Scope 2 through electricity purchases since 2015. Now, they aim to discover climate-related risks and find potential solutions together with their suppliers. On this basis, O2 Telefónica also aspires to be emission-free along the supply chain by 2040.
O2 Telefónica was able to use The Climate Choice software tool to develop a transparent, scalable process for collecting comparable data on the climate maturity of selected suppliers.
The pilot project successfully identified climate-related risks and potentials of the selected suppliers.
On average, this has shown that:
In the next step, the software platform of The Climate Choice will be integrated into the procurement dashboard of O2 Telefónica. The climate-relevant data collection for the decarbonization of Scope 3 will be extended to around 1,000 suppliers.
The Climate Intelligence Platform is a combination of climate-focused ESG rating methodology and intelligent platform technology.
The software tool provides validated data on suppliers‘ holistic climate maturity across key impact and risk dimensions: Governance, Strategy, Metrics and KPIs.
The climate scores are entered into the data platform and can be used to collaborate with suppliers on decarbonization strategies and to achieve transparent reporting and efficient climate management.