VEON
VEON Ltd., headquartered in the Netherlands, is a leading global telecommunications and technology company. Founded in 1992, VEON operates primarily in emerging markets across Europe, Asia, and Africa, providing a diverse range of services that include mobile and fixed-line telecommunications, broadband, and digital services. With a commitment to innovation, VEON has developed unique products such as its digital ecosystem, which integrates communication, entertainment, and financial services. The company has achieved significant milestones, including the launch of its mobile payment platform and various digital applications that enhance user experience. As a prominent player in the telecom industry, VEON is recognised for its strong market position and dedication to connecting millions of customers, making it a key contributor to the digital transformation in its operational regions.
DitchCarbon Score
How does VEON's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Industry Average
Mean score of companies in the Computer Services industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
Industry Benchmark
VEON's score of 38 is higher than 65% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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VEON's reported carbon emissions
In 2023, VEON, headquartered in the Netherlands, reported total carbon emissions of approximately 600,000,000 kg CO2e, comprising 100,000,000 kg CO2e from Scope 1 and 500,000,000 kg CO2e from Scope 2 emissions. This reflects a consistent emission level compared to 2022, where total emissions were also around 700,000,000 kg CO2e, with Scope 1 emissions remaining stable at 100,000,000 kg CO2e and Scope 2 emissions increasing to 600,000,000 kg CO2e. VEON has set ambitious climate commitments, aiming for carbon neutrality by 2050 for both Scope 1 and Scope 2 emissions. This long-term target was established in 2023, indicating a proactive approach to reducing their carbon footprint. The company is currently on track to meet its five-year goals, demonstrating a commitment to sustainability and environmental responsibility. While VEON has not disclosed any Scope 3 emissions data, their focus on achieving net-zero emissions by 2050 positions them as a forward-thinking player in the telecommunications industry, aligning with global climate initiatives.
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| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|
| Scope 1 | 160,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 2 | 990,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 0,000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 | 000,000,000 |
| Scope 3 | - | - | - | - | - | - | - | - | - |
Industry emissions intensity
Location emissions intensity
Reduction initiatives & disclosure networks
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
VEON is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.
