Telefónica S.A.

Telefónica is a Spanish multinational telecommunications company providing mobile and fixed connectivity, broadband, digital infrastructure and technology services to consumers and businesses. Founded in 1924 and headquartered in Madrid, the company operates primarily through the Movistar, O2 and Vivo brands, with core markets including Spain, Germany, the United Kingdom and Brazil. Its business activities also cover cybersecurity, cloud computing, the Internet of Things and data services through Telefónica Tech. Telefónica’s sustainability strategy focuses on reducing operational and value chain emissions, increasing renewable electricity use, improving network energy efficiency, extending the life of electronic equipment and strengthening climate resilience. The company aims to achieve net-zero greenhouse gas emissions across its operations and value chain by 2040.