Vodafone Group
More information available in H2-2024

Current Score (vs. LY)

20.0 pts (-)

Last Update: Nov. 21, 2023

Current Rankings

Global: #139

FTSE: #1

Communication Services: #13

33.3%

Transparency

Quality of climate reporting based on public disclosures, completeness and verification of GHG emissions

25.0%

Commitments

Level of ambition through gross absolute emissions reduction and 'net zero' targets

0.0%

Results

Results and actions to deliver on commitments for real

Greenhouse Gas Emissions

Last 3 Years Emissions Data Summary

Y2022Y2021Y2020
Scope 1 276,936271,626279,143
Scope 2 - location-based 1,979,6982,035,5711,664,535
Scope 2 - market-based 815,1951,096,2401,563,571
Scope 1-2 - location-based 2,256,6342,307,1971,943,678
Scope 1-2 - market-based 1,092,131 1,367,866 1,842,714
Scope 3 9,208,8849,400,83711,924,660
Total - location-based 11,465,51811,708,03413,868,338
Total - market-based 9,495,034 10,158,500 13,075,399

Note: Data sources detailed here

Y2022 Y2021
Total CO2e estimate (by Net0Tracker) 9,495,03410,158,500
Methodology As reportedAs reported

Carbon emissions are estimated according to comparable years, intensity and sector benchmarks

Performance vs. Target

Note: Targets without baseline are ignored. In case several targets exist, only the shorter-term target is displayed.


Value Chain (scope 3) Emissions by Category

Emissions Trajectory (Full Scopes)


Emissions Trajectory not available



Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Sector Benchmark

Note: Latest GHG and revenue data (based on tradingview.com) are used to calculate GHG emissions intensity by sector. The color scale of each bubble depends on the GHG intensity (GHG emissions per 1 million USD revenue). Sectors follow the Global Industry Classification Standard (GICS) that organize companies based on their primary business activities. The 11 sectors are : Information Technology, Health Care, Financials, Consumer Discretionary, Communication Services, Industrials, Consumer Staples, Energy, Utilities, Real Estate, and Materials.

Vodafone Group belongs to the sector Communication Services.

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Reduction and Net Zero Targets

>Note: intensity targets are not represented in the current version - see Methodology

Gross Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Absolute Emission Reductions

There is no absolute emission reduction recorded in our database. Email us to report missing information Email


Net Zero Future Commitments

There is no net zero target recorded in our database. Email us to report missing information Email


Science-based Targets (SBTI)

Date Published / Updated :01/10/2023

Near-term Long-Term Net Zero Standard
Targets Set : 1.5°C by FY2030 Targets Set : 1.5°C by FY2040 Yes by FY2040
Vodafone Group is a member of the Business Ambition for 1.5 campaign (link here )

Overall Net-Zero Target
Multinational technology communications company Vodafone Group commits to reach net-
zero GHG emissions across the value chain by FY2040.

Near-Term Targets
Vodafone Group commits to reduce absolute scope 1 and 2 GHG emissions 90% by FY2030
from a FY2020 base year. Vodafone Group also commits to increase annual active sourcing of
renewable electricity from 26% in FY2020 to 100% by FY2025 and to continue sourcing
100% renewable electricity through FY2030. Vodafone Group further commits to reduce
absolute scope 3 GHG emissions 50% by FY2030 from a FY2020 base year.

Long-Term Targets
Vodafone Group commits to maintain at least 90% absolute scope 1 and 2 GHG emissions
reductions from FY2030 through FY2040 from a FY2020 base year. Vodafone also commits to
reduce absolute scope 3 GHG emissions 90% by FY2040 from a FY2020 base year.

Data source: SBTI

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

Offsets

Last update for Vodafone by zerotracker.net: Sept. 30, 2024
Planning to use external offset credits Not Specified
Separate targets for emission reductions and removals No
Conditions on use of offset credits None
Plans for carbon dioxide removal (CDR) Not Specified

Data source from zerotracker.net - For more information, see methodology

Score Summary

Ref Principle Score
(points) 		Max
(points) 		Delta
(points)
1 At least 2 years of GHG emissions for scope 1 and 2 are publicly-available and externally-verified 0.0 10.0 -
2 Scope 3 emissions are fully reported and externally-verified 0.0 10.0 -
3 CDP score demonstrates the level of transparent disclosures 10.0 10.0 -
Transparency 10.0 30.0 -
4 Net Zero Commitments by 2050 include an intermediate target and cover all the emissions 0.0 10.0 -
5 Net Zero targets demonstrate a high-level of emergency 0.0 10.0 -
6 Emission reduction targets on a forward-looking basis are ambitious 0.0 10.0 -
7 Targets are science-based as validated by SBTi 10.0 10.0 -
Commitments 10.0 40.0 -
8 Results re. operational emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
9 Results re. value chain emissions reduction: on-pace (performance-to-date) and momentum (forward-looking targets) 0.0 10.0 -
10 Implied Temperature Rating by MSCi 0.0 10.0 -
Results 0.0 30.0 -
Total 20.0 100.0 -


Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email


Score Details

Criteria Results 2023 Score 2022 Score Vs. 2022 2021 Score
Criteria 1 : Transparency on operational emissions (Scope 1 + 2)
Are S1+S2 figures publicly-disclosed for the last reporting year and the preceding period? NC 0.0 / 5.0 -
Are S1+S2 figures verified by a 3rd-party for the last reporting year? NC 0.0/ 5.0 -
Criteria 2 : Transparency on value chain emissions (Scope 3)
Are the 15 categories fully or partly disclosed? NC 0.0 / 5.0 -
Are S3 figures fully or partly verified by a 3rd-party for the last reporting year? NC 0.0 / 5.0 -
Criteria 3 : Quality and Frequency of reporting
What is the latest CDP score (no later than the preceding year)? A 10.0 / 10.0 -
How many interim reporting were provided between 2 reporting periods (GHG emissions only)?
Criteria 4 : Net Zero Commitments
Does the net 0 target include a statement of a generally-accepted net zero emission target by 2050? NC 0.0 / 3.0 -
Does the net zero target include an intermediate target by 2030? NC 0.0 / 3.0 -
Does the net zero target include all the emissions? NC 0.0 / 4.0 -
Criteria 5 : Target year for Net Zero Commitments
Target year for achieving net zero emissions for S1+S2? NC 0.0 / 5.0 -
Target year for achieving net zero emissions for S1+S2+S3 combined? NC 0.0 / 5.0 -
Criteria 6 : Reduction objectives
What is the forward-looking GHG% reduction (without compensation) for scope 1+2?
0.0 / 5.0 -
What is the forward-looking GHG% reduction (without compensation) for scope 1+2+3?
No target found
 0.0 / 5.0 -
Criteria 7 : Science-Based Targets
What type of science-based target (as validated by SBTi) did the company commit to? Targets Set 1.5°C 10.0 / 10.0 -
Criteria 8 : Results based on scope 1 - 2
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 9 : Results based on scope 1 - 2 - 3
Performance to date: cumulative% reduction vs. target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Momentum: last year % reduction vs. forward-looking target Objective (in %):
Actual (in %):
No target found
 0.0 / 5.0 -
Criteria 10 : Implied Temperature Rise (ITR)
Is the company aligned with global climate targets? ITR: None°C 0.0 / 10.0 -
Total 20.0 / 100.0 -


Available Data Sources

Reporting Year 2022 2022 2022 2021 2020 2019
Source NZPDU Yourstake Wikirate NZPDU NZPDU NZPDU
Publication Year 2022 2022 unknown 2021 2020 2019
Scope 1 276,936 280,000 280,000 271,626 279,143 257,887
Scope 2 - location-based 1,979,698 1,980,000 2,080,000 2,035,571 1,664,535 1,908,842
Scope 2 - market-based 815,195 820,000 NA 1,096,240 1,563,571 1,737,251
Scope 1-2 - location-based 2,256,634 2,260,000 2,360,000 2,307,197 1,943,678 2,166,729
Scope 1-2 - market-based 1,092,131 1,100,000 NA 1,367,866 1,842,714 1,995,138
Scope 3 9,208,884 9,200,000 10,100,000 9,400,837 11,924,660 12,875,099
Total - location-based 11,465,518 11,460,000 12,460,000 11,708,034 13,868,338 15,041,828
Total - market-based 9,495,034 10,300,000 NA 10,158,500 13,075,399 14,211,715

Sources

Despite our best efforts to report accurate data based on publicly-available information, some data may be wrong, inaccurate or outdated. If it is the case, please reach out and report the issues. Email

© Vincent Manier - September 2021 About us . Keep in touch . Blog