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 35 is higher than 89% 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 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 a notable decrease in emissions from 2015, when total emissions were about 1,150,000,000 kg CO2e (Scope 1: 160,000,000 kg CO2e; Scope 2: 990,000,000 kg CO2e; Scope 3: 1,150,000 kg CO2e). VEON has not set specific reduction targets under the Science Based Targets initiative (SBTi) or other formal climate pledges. However, the company has consistently reported its emissions across all relevant scopes, indicating a commitment to transparency in its climate impact. The emissions data reflects a trend of stabilisation in Scope 1 and Scope 2 emissions in recent years, suggesting ongoing efforts to manage and potentially reduce its carbon footprint in the telecommunications sector.
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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 | 1,150,000 | 0,000,000 | 0,000,000 | - | - | - | - | - | - |
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.
