1 Vodafone Group Plc EU Taxonomy 2026
Introduction
Reporting criteria and scope
Key performance indicators
Other information
FY26 EU Taxonomy summary 1 Turnover 7.0%
EU Taxonomy reporting for the year ended 31 March 2026
CapEx 4.0%
OpEx 9.8%
The EU Taxonomy (‘EUT’) forms part of the European Union’s (‘EU’) Action Plan on Sustainable Finance and provides a classification system for identifying environmentally sustainable economic activities. It sets out defined (‘taxonomy’) criteria across six environmental objectives, providing a consistent basis for assessing whether activities contribute to the EU’s sustainability goals and enabling comparability across companies. The objective of Vodafone’s reporting is to provide transparent disclosure of the value creation and investments associated with EU Taxonomy listed activities. Under Article 8 of Regulation (EU) 2020/852, companies are required to disclose the proportion of their turnover, capital expenditure (CapEx) and operating expenditure (OpEx) associated with Taxonomy-eligible activities. The EU Taxonomy Regulation is subject to considerable interpretation and consequently in preparing these disclosures management have made certain judgements and assumptions. This disclosure reflects the simplification measures adopted by the European Commission on 4 July 2025, which amend Commission Delegated Regulation (EU) 2021/2178 and were published in the Official Journal in January 2026.
of total Group turnover from Taxonomy-eligible activities
of total Group CapEx from Taxonomy-eligible activities
of total Group OpEx from Taxonomy-eligible activities
The Group’s Taxonomy-eligible activities cumulatively represent less than 10% of Group’s Turnover, CapEx and OpEx respectively and are consequently considered not material. In accordance with the materiality provisions of the EU Taxonomy regulations, a detailed assessment of these activities against the EU Taxonomy alignment criteria, which are used to confirm whether the activity is carried out in a sustainable manner has not been performed. Accordingly, these disclosures relate to Taxonomy eligibility only. Our eligible activities at a glance Under the EU Taxonomy, economic activities are grouped into defined sectors. We have identified eligible activities by mapping the Group’s economic activities to those defined in the EU Taxonomy. This assessment considered the nature of the Group’s activities and compared these to the activity descriptions set out in the EU Taxonomy.
Taxonomy eligibility indicates that an activity is described within the scope of EU Taxonomy. It does not indicate that the activity meets the technical screening criteria, does no significant harm (‘DNSH’), or complies with minimum safeguards. No claim is made regarding Taxonomy alignment.
KPIs
Sector
Turnover
CapEx
OpEx
✓
✓
✓
Information and communication
✓
✓
✓
Manufacturing
✓
✓
✓
Services Transport
✓
✓
✓
✓
Construction and real estate activities
We have identified nine activities that fall within the scope of the EU Taxonomy. More information on these activities can be found on page 4.
Note: Includes the impact of the Vodafone UK and Three UK merger and other acquisitions during the year, as set out on page 2. This impacts the year- on-year comparability of the Group’s taxonomy-eligible activities.
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