Vodafone 2024 Annual Report

55 Vodafone Group Plc Annual Report 2024

Strategic report



Other information

External ESG assurance KPMG LLP has provided independent limited assurance over selected data within our ESG Addendum and this report, using the assurance standards ISAE (UK) 3000 and ISAE (UK) 3410 for selected GHG data. KPMG LLP has issued an unqualified opinion over the selected data and their full assurance statement, along with the reporting criteria, is available on our website at investors.vodafone.com/esgaddendum. The data subject to KPMG LLP’s assurance is detailed below Pillar Metric Unit 2024 Empowering People 4G population coverage (outdoor 1Mbps) - Group % 87 Cumulative V-Hub unique visitors million 6.4 Number of financial inclusion customers million 66.2 Protecting our Planet Total Scope 1 GHG emissions million tonnes CO 2 e 0.27 Total Scope 2 GHG emissions (location-based) million tonnes CO 2 e 2.11 Total Scope 2 GHG emissions (market-based) million tonnes CO 2 e 0.44 Total GHG emissions: Scope 1 and Scope 2 (location-based) million tonnes CO 2 e 2.38 Total GHG emissions: Scope 1 and Scope 2 (market-based) million tonnes CO 2 e 0.71 Total Scope 3 GHG emissions million tonnes CO 2 e 6.84 Grid renewable electricity purchased (% of purchased electricity) % 88 Maintaining Trust Percentage of women in management and senior leadership roles % 36 Notes: 1. KPMG have assured the KPIs listed above for our total operations. 2. With the exception of the metrics outlined in the assurance table above, the information contained within the Purpose section (pages 32 to 54) has not been independently verified or assured. While all reasonable care has been taken to ensure the accuracy of the data, Vodafone has not arranged for independent verification of the data with respect to its accuracy or completeness. Our ESG Addendum Methodologies document includes further information with regard to reporting methodologies for certain metrics: investors.vodafone.com/esgmethodology. UK Streamlined Energy and Carbon Reporting (‘SECR’) In accordance with SECR requirements, the following table provides a summary of GHG emissions and energy data 1 for Vodafone UK, in comparison with global performance. ESG Addendum FY24 ESG Addendum FY24/prior year disclosed 2024 2023 Group (excluding Vodafone UK) Vodafone UK Group total Vodafone UK as a % of Group data Group (excluding Vodafone UK) Vodafone UK Group total Vodafone UK as a % of Group data Total Scope 1 GHG emissions (million tonnes CO 2 e) 0.26 0.01 0.27 3% 0.27 0.01 0.28 4% Total Scope 2 market-based GHG emissions (million tonnes CO 2 e) 0.44 - 0.44 0% 0.69 0.00 0.69 0% Total Scope 2 location-based GHG emissions (million tonnes CO 2 e) 2.11 0.00 2.11 0% 1.94 0.14 2.08 7% Total GHG emissions per € million of revenue (tonnes of CO 2 e) 14.90 1.00 15.90 6% 19.76 1.47 21.20 7% Total energy consumption (GWh) 3 5,900 708 6,608 11% 5,618 656 6,274 10% Notes: 1. Data is calculated using local market actual or estimated data sources from invoices, purchasing requisitions, direct data measurement and estimations. Carbon emissions calculated in line with GHG Protocol standards. Scope 2 market-based emissions are reported using the market-based methodology in effect as at the date of this report. For full methodology see our ESG Addendum Methodology document: investors.vodafone.com/esgmethodology. 2. More information on energy efficiency initiatives implemented during the year can be found on pages 38 to 39 and in our disclosures prepared in accordance with the SASB standards. For more information, please visit: investors.vodafone.com/sasb. 3. Information for prior periods is not presented as the organisational boundaries for financial reporting are not consistent with those used in the calculation of GHG emissions. For information about intensity metrics for prior periods, see our FY23 ESG Addendum: investors.vodafone.com/esgaddendum. ESG cautionary statement In preparing the ESG-related information contained in this document, we have made a number of key judgements, estimations and assumptions. The processes, methodologies and issues involved in preparing this information are complex. The ESG data, models and methodologies used are often relatively new, are rapidly evolving and are not necessarily of the same standard as those available in the context of financial and other information, nor are they subject to the same or equivalent disclosure standards, historical reference points, benchmarks or globally accepted accounting principles. It is not possible to rely on historical data as a strong indicator of future trajectories in the case of climate change and its evolution. Outputs of models, processed data and methodologies may be affected by underlying data quality, which can be hard to assess, and we expect industry guidance, standards, market practice and regulations in this field to continue to evolve. There are also challenges faced in relation to the ability to access certain data on a timely basis and the lack of consistency and comparability between data that is available. This means the ESG-related forward-looking statements, information and targets discussed in this document carry an additional degree of inherent risk and uncertainty.

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