Transition plan for net zero 2035

The Swisscom Group sees climate change mitigation as a decisive factor for future business success and resilience and provides stakeholders with information on its transition to low-carbon operations. Following the acquisition of Vodafone Italia, the Group recalculated its GHG emissions for the period 2018–2025 and reconfirmed its net zero 2035 target as a Group.

Swisscom Group’s net zero 2035 target is aligned with the 1.5°C pathway set out in the Paris Agreement and exceeds the ICT sector trajectories defined in the Science Based Targets initiative (SBTi) guidance for ICT companies. For the development of its net zero transition plan in 2025, it calculated different science-based scenarios to better understand uncertainties in technology adoption and market developments, which are set out in the methodological note.

The transition plan outlines scheduled reduction measures along with potential opportunities, while considering country-specific decarbonisation levers, external factors and industry trends. Looking forward, data centre energy consumption is expected to increase substantially by 2035, driven by global adoption of emerging technologies such as artificial intelligence (AI) and the Internet of Things (IoT). Concurrently, electricity grids in the operating countries (Switzerland and Italy) as well as the sourcing countries are expected to undergo significant decarbonisation in the coming years. These external influences have been factored into the assumptions underpinning forecast emissions reductions.

The transition plan was approved by the Board of Directors in the last quarter of 2025.