Telefonica EU Taxonomy disclosure

EU Taxonomy summary

6.2% of Telefonica's revenues are EU Taxonomy eligible, with 3.1% also being Taxonomy aligned. 9.6% of Telefonica's capital expenditures are EU Taxonomy eligible, with 7.4% also being Taxonomy aligned. Additionally, 1% of Telefonica's operating expenses are EU Taxonomy eligible, with 0.01% also being Taxonomy aligned.

EU Taxonomy full disclosure

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
5.5 = Product-as-a-service and other circular use- and result-oriented service models	CE 5.5	468	1.1%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y
7.6 = Installation, maintenance and repair of renewable energy technologies	CCM 7.6	16	0.04%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y		E
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	782	1.9%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	1.6%	E
Turnover of environmentally sustainable activities (Taxonomy-aligned) (A.1)		1,266	3.1%	1.9%	0%	0%	0%	1.1%	0%								1.6%
Of which enabling		798	1.9%	100%	0%	0%	0%	0%	0%								1.6%	E
Of which transitional		0	0%	0%													0%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	7	0.02%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								0.1%
5.4 = Sale of second-hand goods	CE 5.4	46	0.1%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								0.1%
5.5 = Product-as-a-service and other circular use- and result-oriented service models	CE 5.5	314	0.8%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								2%
8.1 = Data processing, hosting and related activities	CCM 8.1	946	2.3%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								2.1%
Turnover of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		1,313	3.2%	71.875%	0%	0%	0%	28.125%	0%								4.3%
A. Turnover of Taxonomy eligible activities (A.1+A.2)		2,579	6.2%	67.742%	0%	0%	0%	32.258%	0%								5.9%
Turnover of Taxonomy-non-eligible activities		38,735	94%
Total (A+B)		41,315	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
5.5 = Product-as-a-service and other circular use- and result-oriented service models	CE 5.5	542	7%	N/EL	N/EL	N/EL	N/EL	Y	N/EL	Y	Y	Y	Y	Y	Y	Y
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	33	0.4%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.4%	E
CapEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		575	7.4%	5.405%	0%	0%	0%	94.595%	0%								0.4%
Of which enabling		33	0.4%	100%	0%	0%	0%	0%	0%								0.4%	E
Of which transitional		0	0%	0%													0%
5.5 = Product-as-a-service and other circular use- and result-oriented service models	CE 5.5	70	0.9%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								7.9%
6.5 = Transport by motorbikes, passenger cars and light commercial vehicles	CCM 6.5	7	0.1%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.1%
7.7 = Acquisition and ownership of buildings	CCM 7.7	63	0.8%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.8%
8.1 = Data processing, hosting and related activities	CCM 8.1	27	0.3%	EL	N/EL	N/EL	N/EL	N/EL	N/EL								0.5%
CapEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		166	2.1%	57.143%	0%	0%	0%	42.857%	0%								9.2%
A. CapEx of Taxonomy eligible activities (A.1+A.2)		741	9.6%	17.708%	0%	0%	0%	82.292%	0%								9.6%
CapEx of Taxonomy-non-eligible activities		7,008	90%
Total (A+B)		7,749	100%

FY2024	Code	Value (EURm)	Proportion of total	CCM	CCA	WTR	PPC	CE	BIO	CCM DNSH	CCA DNSH	WTR DNSH	PPC DNSH	CE DNSH	BIO DNSH	Minimum safeguards	Previous year proportion	Category enabling activity	Category transitional activity
8.2 = Data-driven solutions for GHG emissions reductions	CCM 8.2	0.2	0.01%	Y	N/EL	N/EL	N/EL	N/EL	N/EL	Y	Y	Y	Y	Y	Y	Y	0.01%	E
OpEx of environmentally sustainable activities (Taxonomy-aligned) (A.1)		0.2	0.01%	100%	0%	0%	0%	0%	0%								0.01%
Of which enabling		0.2	0.01%	100%	0%	0%	0%	0%	0%								0.01%	E
Of which transitional		0	0%	0%													0%
5.1 = Repair, refurbishment and remanufacturing	CE 5.1	27	1%	N/EL	N/EL	N/EL	N/EL	EL	N/EL								1%
OpEx of Taxonomy-eligible but not environmentally sustainable activities (not Taxonomy-aligned activities) (A.2)		27	1%	0%	0%	0%	0%	100%	0%								1%
A. OpEx of Taxonomy eligible activities (A.1+A.2)		27	1%	0%	0%	0%	0%	100%	0%								1%
OpEx of Taxonomy-non-eligible activities		2,686	99%
Total (A+B)		2,713	100%

Telefonica

EU Taxonomy summary

EU Taxonomy full disclosure

Revenues

Capital expenditures

Operating expenses