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.
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.
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.
VEON's score of 38 is higher than 90% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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. This marks a slight increase from 2022, where total emissions were about 700,000,000 kg CO2e, with Scope 1 emissions remaining constant and Scope 2 emissions rising from 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 reflects the company's dedication to reducing its carbon footprint and addressing climate change. The company has not disclosed specific reduction percentages but is actively working towards achieving these goals. Overall, VEON's emissions data highlights the importance of ongoing efforts in sustainability, particularly in the telecommunications sector, where energy consumption and emissions are significant. The company's commitment to carbon neutrality aligns with global climate initiatives and reflects a proactive approach to environmental responsibility.
Access structured emissions data, company-specific emission factors, and source documents
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 | - | - | - | - | - | - |
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.