Climate Change Data

Environmental Metrics

ESG Focus Areas

• Energy efficiency
• Renewable energy
• Greenhouse gas emissions reduction
• Circular economy
• Workforce diversity
• Training
• Gender equality
• ESG data management
• Cybersecurity

Environmental Achievements

• Reduced Scope 1 emissions by 12%
• Reduced Scope 2 emissions by 16%
• Reduced Scope 3 emissions by 13%
• Increased renewable energy share to 61%
• Achieved a Circular Economy Ratio of 0.3 euros/kg
• Over 900 suppliers adhered to the Open-es project

Social Achievements

• Provided over 2.1 million training hours in Italy (more than 50 hours per employee)
• Reached 43% women on Group's boards of directors and 28.4% women in managerial positions
• 25,000 employees opted for smartworking, avoiding 46,800 tons of CO2 equivalents
• Zeroed the pay gap in management and reduced it in middle management in Italy
• Provided approximately 0.6 million training hours in Brazil (62 hours per employee)

Governance Achievements

• Implemented a platform to collect and manage Group ESG data
• TIM Brasil obtained ISO 27001 certifications

Climate Goals & Targets

Environmental Challenges

• High level of debt limiting growth potential
• Increased energy and raw material costs
• Intense competition in the telecommunications sector
• Macroeconomic uncertainty
• Climate change impacts (extreme weather events)

Mitigation Strategies

• Implemented cost reduction measures (300 million euros exceeded)
• Introduced an inflation adjustment mechanism for co-investment offer
• Strategic reorganization plan to create four independent entities
• Improved energy efficiency and increased renewable energy use
• Implemented circular economy processes
• Developed alternative sourcing strategies (Open-es project)

Supply Chain Management

Supplier Audits: Over 900 suppliers adhered to the Open-es project

Responsible Procurement

• Open-es project

Climate-Related Risks & Opportunities

Physical Risks

• Extreme weather events

Transition Risks

• Increased energy prices
• Regulatory pressure on energy efficiency and e-waste

Opportunities

• Cost savings from energy efficiency and renewable energy
• New revenue streams from sustainable products

Reporting Standards

Frameworks Used: GRI

Certifications: ISO 27001 (TIM Brasil), ISO 45001 (partially)

Third-party Assurance: EY S.p.A.

UN Sustainable Development Goals

• 3
• 4
• 5
• 7
• 8
• 9
• 10
• 11
• 12
• 13
• 16
• 17

The report highlights how TIM's initiatives contribute to these SDGs through its personnel, technologies, and services.

Sustainable Products & Innovation

• TIM Green range