2024 ESG Methodology

38

Vodafone Group Plc

Protecting our Planet Empowering People Maintaining Trust

Other information

Term

Definition

Location-based Market-based LTM Metric tonne Mobile broadband Mbps

A location-based method reflects the average emissions intensity of grids on which energy consumption occurs. A market-based method reflects emissions from electricity that a company has purposefully chosen (or their lack of choice). Last twelve months.

Megabits (millions) of bits per second. A metric tonne is equal to 1,000 kilograms.

Mobile broadband allows internet access through a browser or a native application using any portable or mobile device such as smartphone, tablet or laptop connected to a cellular network. A megawatt hour (‘MWh’) equals 1,000 kilowatts of electricity generated per hour and is used to measure electric output. In line with the SBTi’s Corporate Net Zero Standard, ‘net zero’ means that we will reduce our carbon emissions in absolute terms by 90-95% by our net zero target year (and in line with a science-based 1.5-degree pathway), and neutralise any residual emissions through high quality carbon offsetting. Non-renewable energy comes from sources that will run out or will not be naturally replenished in our lifetimes such as oil and gas. Other Europe comprises Portugal, Ireland, Greece, Romania, Czech Republic and Albania. Group companies in countries where we had operational control during the year to 31 March 2024: Albania, Czech Republic, Germany, Greece, Ireland, Italy, Portugal, Romania, Spain, Turkey, UK and Vodacom Group and its subsidiaries in the DRC, Egypt, Lesotho, Mozambique, South Africa and Tanzania; Markets in which the Group has entered into a partner agreement with a local mobile operator enabling a range of Vodafone’s global products and services to be marketed in that operator’s territory and extending Vodafone’s reach into such markets. A product carbon footprint (‘PCF’) is a means for measuring, managing and communicating greenhouse gas (‘GHG’) emissions related to goods and services. Percentage points.

MWh

Net Promoter Score (‘NPS’) Net Promoter Score is a customer loyalty metric used to monitor customer satisfaction. Net zero

Non-renewable Other Europe Operating company

Partner Markets

pps

Product carbon footprint (‘PCF’)

RAN Radio access network is the part of a mobile telecommunications system which provides cellular coverage to mobile phones via a radio interface, managed by thousands of base stations installed on towers and rooftops across the coverage area, and linked to the core nodes through a backhaul infrastructure which can be owned, leased or a mix of both. RE100 technical guidance RE100 is the global corporate renewable energy initiative bringing together businesses committed to 100% renewable electricity. As a member Vodafone reports annually to the initiative. Renewable Renewable energy is energy that comes from a source that won’t run out. They are natural and self-replenishing, and usually have a low- or zero-carbon footprint for example solar or wind power.

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