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 33 is higher than 89% 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. Over the years, VEON has demonstrated a commitment to reducing its carbon footprint, with emissions in 2022 also at 700,000,000 kg CO2e, indicating a stable performance in managing its Scope 1 and 2 emissions. VEON's emissions data from previous years shows a trend of significant emissions, with 1,690,000,000 kg CO2e in 2017 and 1,250,000,000 kg CO2e in 2019. The company has not set specific reduction targets or initiatives under the Science Based Targets initiative (SBTi) or other formal climate pledges, which suggests a need for further commitment to structured climate action. Overall, VEON's emissions profile reflects the challenges faced by the telecommunications industry in addressing climate change, highlighting the importance of ongoing efforts to enhance sustainability practices and reduce carbon emissions.
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 | 0,000,000,000 | 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 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.