Telecom Italia SpA 2020 AR2
The report highlights TIM Group's performance and strategic initiatives during the fiscal year 2020, a year heavily impacted by the COVID-19 pandemic. Despite unprecedented data traffic volumes, the company successfully expanded its ultrabroadband network to over 3,250 municipalities and launched key strategic projects like FiberCop and Noovle. TIM Group integrated ESG objectives into its strategic plan, committing to carbon neutrality by 2030 and successfully issuing its first Sustainability Bond in January 2021. Financially, the Group reported revenues of 15,805 million euros and significantly reduced its net financial debt by 4,342 million euros.
Company: Telecom Italia SpA
Sector: Communication Services
Country: Italy
Year: 2020
Type: AR2
Pages: 486
Telecom Italia SpA
Annual Report
The report highlights TIM Group's performance and strategic initiatives during the fiscal year 2020, a year heavily impacted by the COVID-19 pandemic. Despite unprecedented data traffic volumes, the company successfully expanded its ultrabroadband network to over 3,250 municipalities and launched key strategic projects like FiberCop and Noovle. TIM Group integrated ESG objectives into its strategic plan, committing to carbon neutrality by 2030 and successfully issuing its first Sustainability Bond in January 2021. Financially, the Group reported revenues of 15,805 million euros and significantly reduced its net financial debt by 4,342 million euros.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Net Zero Target
Employees