Our reports only apply to those geographical markets where we had active telecommunication operations at the end of the respective calendar year. Our scope of reporting does not include markets where businesses were sold during the year or businesses where we control less than 50% of the equity, or don’t have management control and where they are not consolidated in our financial statements, or where they represent less than 0.15% of service revenue.
Our HQ in Amsterdam is also included in the scope of reporting for energy, health and safety and employee numbers. We provide a list of the subsidiaries that comprise VEON in our Form 20-F. Further information on the principles that underpin our reporting, such as treatment of outsourced activities, basis for estimations, definitions etc. are provided in the section ‘Reporting principles’. Our businesses report on a geographical market, rather than on a legal entity, basis.
We intend to make our reports available and relevant to a wide audience. However, as VEON has little brand presence in our markets, it is our local brands which communicate with our customers on sustainability issues through their own reports, websites and other channels. Therefore, this report is mainly directly relevant to the following: