VEON Sustainability Profile
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 61% of the industry. This can give you a sense of how well the company is doing compared to its peers.
Let us know if this data was useful to you
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 marks a slight decrease from 2022, where total emissions were about 700,000,000 kg CO2e, with Scope 1 emissions remaining constant and Scope 2 emissions increasing to 600,000,000 kg CO2e. 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 or initiatives under the Science Based Targets initiative (SBTi) or other climate pledges, which may limit its ability to demonstrate a proactive approach to climate commitments. The emissions data reflects a consistent pattern over recent years, with total emissions remaining around the 600,000,000 kg CO2e mark since 2020. VEON's emissions intensity metrics, such as 2G and 3G emissions per unit of revenue, suggest ongoing efforts to monitor and manage emissions relative to revenue generation. Overall, while VEON has made strides in emissions reporting, the absence of reduction targets and initiatives may hinder its long-term sustainability goals.
Unlock detailed emissions data
Access structured emissions data, company-specific emission factors, and source documents
| 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 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?
How Carbon Intensive is VEON's Location?
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.
