Vodafone Group Plc ESG addendum
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Protecting our Planet
Empowering People
Building Trust
Other information
Renewable electricity We consider grid electricity to be purchased from renewable sources if the grid electricity used in our operation is matched with renewable energy certificates (‘RECs’) , also known as energy attribute certificates (‘EACs’) . RECs certify that power has been generated and added to the grid from a renewable source such as wind, solar or hydro. In addition, we purchase a growing proportion of our electricity (matched with RECs) directly from renewable generators through Power Purchase Agreements (‘PPAs’). Renewable electricity matched with RECs also includes all renewable electricity from third-party energy suppliers which is traceable to Vodafone through a signed contract or provision of surrendered RECs. In addition to renewable grid electricity, we also generate a small proportion of the renewable electricity we use ourselves, for example through rooftop solar panels. In some of the countries where we operate (Albania, DRC, Greece, Lesotho, Mozambique, Romania and Tanzania), market mechanisms for purchasing renewable electricity (traceable using RECs) are not currently available. We match electricity used in these countries with RECs originating from grid-connected markets within the same geographical region (Africa or Europe respectively) 1 . This means that the electricity used by our global network is almost 100% matched with renewable sources from the same electricity grid or connected electricity grids. The grid electricity we used in our continuing operations that is matched with renewable sources is 99.8% to 1 decimal place. Less than 0.2% of grid electricity we use is not matched with renewable sources (RECs). This is because credible renewable
electricity purchasing mechanisms are currently unavailable in the locations where this grid electricity is used, and where such mechanisms are not available. Markets or countries with operations where we match the grid electricity, through the use of RECs, PPAs and contractual agreements for the financial year ending 31 March 2025 are: Albania, Belgium, Czech Republic, Democratic Republic of the Congo, Egypt, France, Germany, Greece, Hungary, Ireland, Italy, India, Lesotho, Mozambique, Luxembourg, the Netherlands, Portugal, Romania, Spain, South Africa, Tanzania, T ü rkiye, United Kingdom. Our reporting of purchased grid electricity (and related targets) does not include electricity self-generated using stationary power generators. Emissions from our use of stationary power generators are accounted for under our Scope 1 emissions. This differs from the RE100 Technical Criteria but avoids double counting of emissions across Scopes 1 and 2. Notes: 1 Our definition of market boundaries for renewable electricity markets differs from the RE100 Technical Criteria but remains aligned with the GHG Protocol standards because the RECs are sourced from regions reasonably linked to the Vodafone’s electricity consumption .
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