Vodafone is committed to achieving net zero emissions from our own operationsby 2030, and across our value chain by 2040.
Our 2030 carbon reduction targets have been approved by the Science Based Targets initiative as in line with reductions required to keep warming to 1.5°C, the most ambitious goal of the Paris Agreement.
By 2030, Vodafone will achieve net zero emissions from our own operations - including our direct emissions and emissions from the energy we purchase (Scope 1 and 2). For the very limited proportion of our emissions that we are not able to abate by our net zero target year, we will balance these with high quality carbon offsets to achieve net zero. We will also halve carbon emissions from Scope 3 sources, including joint ventures, all supply chain purchases, the use of products it has sold and business travel.
By 2040, Vodafone aims to achieve net zero emissions across our fulll value chain (Scope 3) - brining forward by ten years Vodafone’s original 2050 ambition to reach net zero across our full carbon footprint.
In 2019, Vodafone signed up to the Race to Zero campaign through the Business Ambition for 1.5C
By 2025 Germany's own emissions will be net zero
By 2025 Italy's own emissions will be net zero
By 2027 UK's own emissions will be net zero
Our path to net zero
We’ve committed to reducing our total global carbon emissions to net zero by 2040. Here’s how we’re going to do it…
How we are going to meet our net zero target
Task Force on Climate-related Financial Disclosures (TCFD) Report 2023
We recognise that climate change poses a number of physical (i.e. extreme weather events) and transition-related (i.e. related to moving to a greener economy) risks and opportunities for our business. As part of our commitment to operate ethically and sustainably, we strive to understand climate-related risks and opportunities and embed responses to these into our business strategy and operations. We have been aligning our internal processes with the recommendations of the Task Force on Climate-related Financial Disclosures (‘TCFD’) for the last three years and will continue to enhance our policies, processes and reporting with respect to the TCFD recommendations.
Our strategy in action
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Contribution to the UN Sustainable Development Goals
We aim to build a inclusive and sustainable digital society. Through our connectivity and digital innovations (SDG 9) and through our partnerships (SDG 17) we can accelerate and scale delivery across multiple SDGs.