The Vodafone CR Review, entitled “One Strategy” is published today. This complements the comprehensive online report which provides detailed information on the company’s approach and performance on its most material CR issues. The Review highlights three key areas where Vodafone’s CR and business objectives are mutually supportive.
Connecting the poor in emerging economies, opening up new economic opportunities for millions around the world:
- In India, Vodafone is connecting 1.5 million new customers every month, not just in cities but also in remote rural areas.
- Vodafone has expanded its range of affordable mobile phones, introduced more flexible payment options and rolled out mobile transaction service, M-PESA, in Kenya and Afghanistan.
Making mobile internet safe:
- Vodafone is leading industry efforts to achieve acceptable content standards, advise parents and teachers on how to protect children from inappropriate content, and encourage young people to behave responsibly online.
- The Mobile internet is a major business growth area. To capture this market customers need to be confident that Vodafone’s privacy and content control measures give them the highest level of protection possible.
Cutting Vodafone’s carbon footprint:
- Vodafone’s target to cut absolute CO2 emissions by 50% by 2020 against its 2006/07 baseline of 1.23 million tonnes will stimulate the development of more energy efficient technology that will reduce energy costs for years to come.
- Vodafone has already achieved a 35% improvement in the energy efficiency of new network equipment over the past two years.
Commenting Arun Sarin said, “I believe if you want to achieve commercial success on a sustainable basis, you need to conduct business in a responsible way. That’s why our commercial strategies are designed with good CR practice in mind. I am pleased that our printed One Strategy Review and our online CR report give a full picture of our progress against our published objectives”
Visit www.vodafone.com/responsibility to view Vodafone’s online One Strategy CR Report and download a copy of the CR Review.
For further information:
Vodafone Group
Investor Relations
Tel: +44 (0) 1635 664447
Media Relations
Tel: +44 (0) 1635 664444