Tele2 AB

Lobbying Governance

AI Extracted Evidence Snippet Source

Tele2 – Climate Transition Plan Page 9/11

### Climate strategy governance

##### Board of Directors

- Approve Tele2's sustainability strategy

- Regularly receive and respond to updates on performance

##### Group Leadership Team

- Ensure sufficient resources are provided to meet the targets

- If there is a conflict between the climate transition plan and other decisions or governing
documents, this will be decided by the Group Leadership Team

##### Executive Vice President Communications & Sustainability

- Responsibility for the climate transition plan and results

- Responsibility for implementation, reporting and communication of the climate transition plan

- Delegates operational responsibility to the Head of Sustainability

##### Head of Sustainability

- Operational responsibility for the implementation of the climate transition plan and updates

- Operational responsibility for reporting and presenting the climate transition plan, e.g. to external
stakeholders

- Commissions input of climate data from the organization to sustainability reporting, ESG-ratings
and investors/analysts

##### Other concerned departments

Scope 1 and 2 (emissions from company cars, back-up power, service vehicles and
equipment):

- People & Change

- Digital Capabilities and Technology (DCT)

Scope 3 (emissions from suppliers, transportations, B2B and B2C customers):

- Finance (primarily Procurement and Supply Chain)

- Commercial units within both B2C and B2B

- DCT

##### Follow-up and reporting

- Sustainability report

- Annual Group Leadership Team review to be prepared and initiated by the Head of Sustainability

- Shareholder and investor meetings

https://www.tele2.com/files/New-Structure-2021/Sustainability/Documents/Climate_Transition_Plan_Tele2_April_2024.pdf

Tele2 welcomes well-aimed and proportional regulation to mitigate climate change, and believes that the transition to a low carbon economy is an opportunity for innovation and increased business value. With the ambition to lead in sustainability, we are also committed to respond appropriately in cases where the position on climate change of our membership associations is significantly weaker than Tele2's position or contradicts our climate change efforts.

https://www.tele2.com/sustainability/sustainability-governance/environment/climate-efforts-sbti-targets/

To ensure that managers of all levels, including senior executives, consider sustainability topics in their daily work, 5% of the annual short-term incentive program is related to sustainability targets. For 2022 these targets were related to the performance of our emissions reduction efforts in scope 1 and 2, as well as our diversity and inclusion efforts. New targets are set for 2023, and they will be included in the short-term incentive program for all managers in Sweden, the Tele2 Group leadership team and the CEOs of our Baltic operations. [...] Our Board of Directors is responsible for setting the sustainability strategy and its targets. To advance the Board's knowledge of sustainable development the sustainability department has given two presentations and regular written updates to the Audit Committee, and a presentation on climate change and its impact on the company was given at a Board meeting. Four Executive Vice Presidents, who all report to Tele2's President and CEO, are responsible for the strategy execution. We have a Head of Sustainability for the group who is responsible for proposing a strategy, reporting and communication. The Head of Sustainability collaborates with the Executive Vice Presidents to execute the strategy and make progress towards the targets in the affected business units. At the country level, each country has a single point of contact who is responsible for sustainability, which simplifies coordination between the markets that we operate in.

https://www.tele2.com/files/Main/3372/3745977/tele2-annual-and-sustainability-report-2022.pdf

Describe the process(es) your organization has in place to ensure that your engagement activities are consistent with your overall climate change strategy[…]We ensure that our strategy is aligned with aspects of the trade association (GSMA) approach that are material to our business through regular meetings and communication with representatives from the GSMA, as well as through participating in the working groups of the GSMA. On page 48 in our Annual and Sustainability report we outline our commitment to reduce our emissions in line with SBTi and thus in line with the Paris Agreement. The sector-specific guidance for the Telecommunications sector is partly develoepd by GSMA.

CDP Questionnaire Response 2022

Does your organization have a public commitment or position statement to conduct your engagement activities in line with the goals of the Paris Agreement?[…]Yes

CDP Questionnaire Response 2023