In 2024, VEON completed a corporate carbon footprint assessment and publicly disclosed its greenhouse gas (GHG) emissions according to the GHG Protocol, covering Scope 1 (direct emissions from owned or controlled sources) and Scope 2 (indirect emissions from purchased energy).
However, VEON has not published a category-level breakdown of its Scope 3 emissions, limiting visibility into specific value chain sources.
| Metric (tCO2e) | 2024 | 2023 | 2022 | 2021-2019 |
|---|---|---|---|---|
Total Scope 1 | 160,000a | 100,000a | 100,000a | |
Total Scope 2 | ||||
Unspecified Calculation Method | 654,000a | 500,000a | 600,000a | |
Total Scope 3 | N/A | N/A | N/A | |
Total Scope 1 Revenue Intensity (tCO2e/$M) | 39.96a | 27.0416a | 26.6312a |
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In 2024, the total operational greenhouse gas (GHG) emissions of VEON amounted to 814,000 metric tons of CO2 equivalent. This figure includes both direct emissions from owned or controlled sources (Scope 1) and indirect emissions from purchased energy (Scope 2).a
Compared to 2023, the total operational greenhouse gas (GHG) emissions of VEON increased by 35.67%, suggesting that the company faced challenges in reducing its emissions from its core operations.a
In 2024, the total Scope 1 emissions of VEON were 160,000 metric tons of CO₂ equivalent (tCO₂e).a
Since 2019, VEON's Scope 1 emissions have remained relatively, stable, indicating that VEON's emissions have plateaued with no significant change in its operational footprint.ab
Compared to the previous year (2023), VEON's Scope 1 emissions increased by 60%, suggesting that the company faced challenges in reducing emissions from its directly owned or controlled operations.a
In 2024, VEON reported Scope 2 greenhouse gas (GHG) emissions of 654,000 tCO₂e without specifying the calculation method.a
Since 2019, VEON's Scope 2 greenhouse gas (GHG) emissions (Unspecified Calculation Method) have decreased by 40.55%, reflecting a declining long-term trend in Scope 2 emissions over time.ab
Compared to the previous year (2023), VEON's Scope 2 emissions (Unspecified Calculation Method) rose by 30.8% in 2024, suggesting that the company faced challenges in reducing emissions from purchased electricity and energya
In 2024, VEON reported its Scope 2 emissions using an unspecified methodology.a
In 2024, VEON reported Scope 1 greenhouse gas (GHG) emissions of 160,000 tCO₂e and total revenues of USD 4,004 millions. This translates into an emissions intensity of 39.96 tCO₂e per millions USD.a
In 2024, VEON reported a Scope 1 emissions intensity of 39.96 tCO₂e per millions USD. Compared to the peer group median of 2.03, this places the company above its industry benchmark, indicating it is less carbon-efficient than most competitors.a
In 2024, VEON ranked 23 out of 24 companies in its industry peer group, based on Scope 1 emissions intensity (measured in tCO₂e per millions USD).a
This places VEON among the least efficient performers, with one of the highest emissions intensities in its sector.a