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Vodafone Group Plc Annual Report 2026
Vodafone Group Plc Annual Report 2026
Strategic report
Governance
Financials
Other information
ESG and responsible business
Guided by our mission to connect everyone, we address Environmental, Social and Governance (‘ESG’) topics through our mission led strategy, to enable an inclusive, sustainable and trusted digital society. By embedding ESG across our strategy, we are building the foundations for long‑term shareholder value.
Our ESG framework
Creating shareholder value
€0.8bn €0.9bn
We are committed to protecting the planet by aiming to reach our net zero target, driving a circular economy, and empowering our customers in reducing their environmental footprint. We aim to close digital divide, help our customers benefit fully from digitisation, and support communities. We strive to maintain the confidence of customers, colleagues and communities by acting ethically, lawfully and with integrity in everything we do.
Energy spend: €0.9bn – maintained our commitment to match 100% of the grid electricity purchased and used in our global operations Financial inclusion: €0.8bn revenue from our financial services in Africa – targetting 130m FinTech customers and 5 million merchants by FY30 Vodafone Business revenue: €8.2bn – 3.2% service revenue growth 1 in FY26 – digital services contributed 26% to Business service revenue Total tax and economic contribution: €7bn 2 in FY25 – over €40m donated in contributions and in-kind services across 23 countries in FY26 Capital investment: €7.3bn – broadly maintaining capital intensity at market level
Tackling carbon emissions 18% reduction in Scope 3 GHG emissions compared to our FY20 baseline year
Promoting circularity 1 million phones collected as part of our WWF partnership
Renewable electricity 14% of energy covered by PPA’s
€8.2bn
Closing the digital divide 65% smartphone penetration across our African markets
Empowering customers 7/8 of our European markets offer an affordable tariff
Our people strategy 40.3 average learning
€7bn
hours per employee
€7.3bn
Business integrity 97% of employees completed ‘Doing What’s Right’ training
Security and resilience 24/7 cyber operations centre in Germany
Responsible supply chain 20% ESG criteria in RFQs for supplier selection
Share buybacks: €4bn since May ‘24 – full year dividends per share of 4.6125 eurocents – progressive dividend policy
€4bn
Notes: 1. Organic growth. See page 227 for more information 2. Includes direct taxes, non-taxation based revenue mechanisms, such as payments for the right to use spectrum, and indirect taxes collected on behalf of governments around the world, excludes joint ventures and associates. The FY26 figure will be finalised during FY27. For more information, refer to our Tax and Economic Contribution reports, available at: vodafone.com/tax.
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