Potential offtaker

Telecom Italia S.p.A.

www.telecomitalia.it

Estimated electricity consumption

N/A

Countries of production presence

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Telecom Italia SPA (TIM) is a leading telecommunications company in Italy, providing wireline and wireless services to consumers, businesses, and public institutions. The company has a strong presence in the Italian market, with over 31 million mobile customers and 7.2 million fixed-line customers as of 2020. TIM operates in the wireline telecommunications sector, offering a range of services, including voice, data, and internet services.

As a large corporation, TIM recognizes its responsibility to contribute to the global effort to reduce carbon emissions and mitigate the effects of climate change. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. TIM has a comprehensive sustainability strategy that focuses on decarbonisation, energy efficiency, and renewable energy.

Decarbonisation is a key priority for TIM, and the company has set a target to reduce its direct and indirect carbon emissions by 30% by 2025 compared to 2017 levels. To achieve this goal, TIM has implemented a range of measures, including the use of renewable energy, energy efficiency improvements, and the adoption of low-carbon technologies. The company has also committed to reducing its energy consumption by 10% by 2025 compared to 2017 levels.

Corporate energy is another area of focus for TIM, and the company has implemented a range of measures to improve its energy efficiency and reduce its energy consumption. TIM has implemented an energy management system that monitors and optimizes energy use across its operations. The company has also invested in energy-efficient technologies, such as LED lighting and energy-efficient cooling systems.

Corporate power purchase agreements (PPAs) are an important tool for TIM to increase its use of renewable energy. PPAs allow companies to purchase renewable energy directly from generators, providing a stable and predictable source of renewable energy. TIM has signed several corporate PPAs with renewable energy providers, including wind and solar projects, to increase its use of renewable energy. These agreements have helped TIM to reduce its carbon footprint and support the development of renewable energy projects in Italy.

Renewable energy is a key focus area for TIM, and the company has set a target to source 50% of its energy from renewable sources by 2025. To achieve this goal, TIM has invested in renewable energy projects, including wind and solar farms, and has signed several corporate PPAs with renewable energy providers. The company has also implemented energy efficiency measures and adopted low-carbon technologies to reduce its energy consumption and carbon footprint.

TIM's commitment to sustainability is reflected in its inclusion in several sustainability indices, including the Dow Jones Sustainability Index (DJSI) and the FTSE4Good Index. These indices recognize companies that demonstrate strong environmental, social, and governance (ESG) performance.

In addition to its sustainability efforts, TIM is also focused on delivering innovative and high-quality telecommunications services to its customers. The company has invested in the development of 5G technology, which promises to deliver faster and more reliable wireless services. TIM has also launched several digital services, including cloud computing, cybersecurity, and IoT solutions, to meet the evolving needs of its customers.

In conclusion, Telecom Italia SPA (TIM) is a leading telecommunications company in Italy that operates in the wireline telecommunications sector. The company has set ambitious targets to reduce its carbon footprint and increase its use of renewable energy sources. TIM's sustainability strategy focuses on decarbonisation, energy efficiency, and renewable energy, and the company has implemented a range of measures to achieve these goals. TIM's commitment to sustainability is reflected in its inclusion in several sustainability indices, and the company is also focused on delivering innovative and high-quality telecommunications services to its customers.

✓ Declared Net Zero commitment