Veon
Veon Ltd., commonly referred to as Veon, is a prominent telecommunications and technology company headquartered in Amsterdam, Netherlands, with significant operations across Eastern Europe, South Asia, and Africa. Founded in 1992, Veon has evolved from a traditional telecom provider into a digital services leader, marking key milestones such as its expansion into mobile financial services and digital content. The company offers a diverse range of core products and services, including mobile voice and data services, broadband, and innovative digital solutions. What sets Veon apart is its commitment to integrating technology with telecommunications, enabling enhanced customer experiences through unique platforms. With a strong market position, Veon has garnered recognition for its contributions to digital transformation in emerging markets, solidifying its reputation as a forward-thinking player in the industry.
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 Telecommunications 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 23 is higher than 54% 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 2017, Veon reported total carbon emissions of approximately 2,230,000 kg CO2e, comprising 230,000 kg CO2e from Scope 1, 1,450,000 kg CO2e from Scope 2, and 2,000,000 kg CO2e from Scope 3 emissions. The Scope 3 emissions included about 1,000,000 kg CO2e from purchased goods and services. Comparatively, in 2016, Veon's emissions were about 1,900,000 kg CO2e in total, with 190,000 kg CO2e from Scope 1, 970,000 kg CO2e from Scope 2, and 1,150,000 kg CO2e from Scope 3. In 2015, the total emissions were approximately 1,750,000 kg CO2e, with 160,000 kg CO2e from Scope 1, 990,000 kg CO2e from Scope 2, and 1,150,000 kg CO2e from Scope 3. Despite these figures, Veon has not disclosed specific reduction targets or initiatives as part of their climate commitments. The absence of documented reduction targets suggests a need for further clarity on their long-term sustainability strategies.
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| 2015 | 2016 | 2017 | |
|---|---|---|---|
| Scope 1 | 160,000 | 000,000 | 000,000 |
| Scope 2 | 990,000 | 000,000 | 0,000,000 |
| 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.
