Public Profile

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.

33

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.

3

Industry Benchmark

VEON's score of 33 is lower than 72% of the industry. This can give you a sense of how well the company is doing compared to its peers.

28%

VEON's reported carbon emissions

In 2023, VEON 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. Over the years, VEON has demonstrated a commitment to reducing its carbon footprint, with emissions decreasing from about 1,690,000,000 kg CO2e in 2017 to the current figure. The company has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, VEON continues to focus on improving its emissions intensity, with reported metrics indicating a reduction in emissions per unit of network traffic over time. VEON's headquarters is located in the Netherlands, and it operates globally, reflecting its commitment to addressing climate change through operational efficiencies and sustainability initiatives.

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201520162017201820192020202120222023
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
0,000,000,000
000,000,000
000,000,000
000,000,000
Scope 3
1,150,000
0,000,000
0,000,000
-
-
-
-
-
-

Industry emissions intensity

Very low
Low
Medium
High
Very high
Some industries are more carbon intensive than others. VEON's primary industry is Computer and related services (72), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. VEON is headquartered in NL, which has a rank of low, indicating low grid carbon 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 committed to any reduction initiatives 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.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
Carbon Disclosure Project
The Climate Pledge
UN Global Compact

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Where does DitchCarbon data come from?

Discover our data-driven methodology for measuring corporate climate action and benchmarking against industry peers