Market
13
Feb
2025
2
min read

Orange Group reports 2024 revenue growth and surpasses sustainability goals

Orange Group reported a revenue increase of 1.2% in 2024, reaching € 40,260 billion. This growth was largely driven by a 2.7% rise in retail services, adding € 794 million. Meanwhile, wholesale services saw a smaller decline of 5.2%, mainly due to higher unbundling and civil engineering rates in France during the first quarter. Orange Group continues to perform well in environmental, social, and governance (ESG) criteria. It holds strong ratings from ESG agencies, including an A from MSCI, a moderate risk score from Sustainalytics, a Prime B- from ISS, and a Platinum rating from EcoVadis.

After Deutsche Telekom (revenue in 2023 € 112 billion) and Vodafone (2023 revenue € 48 billion) Orange is Europe’s third largest mobile network based on sales. When it comes to reaching sustainability goals, it is the number one. No operator trades in more devices and is as active as Orange – to be honest mainly Orange FR – in selling used and refurbished products.

Carbon reduction targets surpassed

The company exceeded its goal of reducing scopes 1 and 2 greenhouse gas emissions by 30% in 2025 compared to 2015, achieving a 38.6% reduction in 2024. Scope 3 emissions were reduced by 11% in 2024, keeping the company on track to meet its 14% reduction target for 2025.

Interested in the global market for used electronics?

From now on, you'll never miss a thing and can easily stay up to date with the latest developments in the secondary market. Sign up today for the newsletter from secondarymarket.news. It's filled with the latest news, trends, developments, and gossip. Stay informed and don't miss out on anything!

Daily (except on Sundays), you'll receive the latest news from the global secondary market straight to your inbox after registering. This way, you'll always stay up to date with the latest secondary market developments and trends.

Sign up for our newsletter

Thank you for registering for the newsletter

From now on, you'll always stay informed and won't miss out on the latest trends and developments in the global secondary market for used electronics.
Oops! Something went wrong while submitting the form.
© 2024 Secondary Market News. All rights reserved.
Privacy & Cookies