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Public Profile
Computer Services
NL
updated 3 months ago

VEON Sustainability Profile

Company website

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.

38

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.

31

Industry Benchmark

VEON's score of 38 is higher than 60% of the industry. This can give you a sense of how well the company is doing compared to its peers.

60%

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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 slight increase in total emissions compared to 2022, when the company recorded about 700,000,000 kg CO2e, with 100,000,000 kg CO2e from Scope 1 and 600,000,000 kg CO2e from Scope 2. VEON has not disclosed any Scope 3 emissions data, indicating a potential area for future reporting and improvement. The company has not set specific reduction targets through the Science Based Targets initiative (SBTi) or other formal climate pledges, which may limit its accountability in addressing climate change. Despite the lack of formal reduction commitments, VEON's emissions data is sourced directly from VEON Ltd., ensuring transparency in its reporting. The company continues to operate within the telecommunications sector, which is under increasing scrutiny for its environmental impact, particularly in terms of energy consumption and emissions.

Unlock detailed emissions data

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2014201520162017201820192020202120222023
Scope 1
210,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
000,000,000
Scope 2
1,170,000,000
000,000,000
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
-
-
-
-
-
-
-
-
-
-

How Carbon Intensive is VEON's Industry?

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

How Carbon Intensive is VEON's Location?

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. This request for VEON is in NL, which has a very low grid carbon intensity relative to other regions.

VEON's Climate Goals (2030 & 2050)

Climate goals typically focus on 2030 interim targets and 2050 net-zero commitments, aligned with global frameworks like the Paris Agreement and Science Based Targets initiative (SBTi) to ensure alignment with global climate goals.

VEON has not publicly committed to specific 2030 or 2050 climate goals through the major frameworks we track. Companies often set interim 2030 targets and long-term 2050 net-zero goals to demonstrate measurable progress toward decarbonization.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

Compare VEON's Emissions with Industry Peers

Western Union

US
•
Financial intermediation services, except insurance and pension funding services (65)
Updated 4 days ago

China Mobile

CN
•
Post and telecommunication services (64)
Updated 22 days ago

Grameenphone Limited

BD
•
Post and telecommunication services (64)
Updated about 1 month ago

Deutsche Telekom AG

DE
•
Post and telecommunication services (64)
Updated about 15 hours ago

Vodafone

GB
•
Post and telecommunication services (64)
Updated about 15 hours ago

Wateen Telecom Limited

PK
•
Post and telecommunication services (64)
Updated 2 months ago

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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

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