Vodafone Description

Tax distribution across Vodafone Egypt and Subsidiaries

ESG Appendix

TCFD Recommendation Direct answer Report Section(s) CDP Response

a. Describe the board's oversight of climate-related risks and opportunities.

Risk & Compliance committee: Discusses the top risks, impacts and their mitigation BoD meetings: Updates related to priority risks and acquire sign-off are discussed Audit & Risk Committee: Audit & risk Committee is the general governance body where majority of the critical concerns are tackled

 

C1.1b

b. Describe management's role in assessing and managing climate-related risks and opportunities.

Vodafone's Social Contract delegates ESG responsibilities and provides a framework for the risks to be assessed and mitigated. Our Head of Strategy, Transformation and Wholesale is responsible for managing overlooking impacts. All senior executives and committees have an open channel communication process for communicating critical concerns and impacts

 

C1.2, 1.2a

TCFD Recommendation Direct answer Report Section(s) CDP Response

a. Describe the climate-related risks and opportunities the organization has identified over the short, medium, and long term.

 

Climate & Energy

C2.1a, 2.3, 2.3a, 2.4, 2.4a

b. Describe the impact of climate-related risks and opportunities on the organization's businesses, strategy, and financial planning.

 

Materiality Assessment

C2.3a, 2.4a, 3.1, 3.1b, 3.1d, 3.1e, 3.1f

c. Describe the resilience of the organization's strategy, taking into consideration different climate-related scenarios, including a 2°C or lower scenario.

 

Climate & Energy

C3.1a, 3.1b

TCFD Recommendation Direct answer Report Section(s) CDP Response

a. Describe the organization's processes for identifying and assessing climate-related risks.

 

Climate & Energy

C2.1, 2.2, 2.2a

b. Describe the organization's processes for managing climate-related risks.

 

Climate & Energy

C2.1, 2.2

c. Describe how processes for identifying, assessing, and managing climate-related risks are integrated into the organization's overall risk management.

 

Climate & Energy

C2.1, 2.2

TCFD Recommendation Direct answer Report Section(s) CDP Response

a. Disclose the metrics used by the organization to assess climate-related risks and opportunities in line with its strategy and risk management process.

 

Carbon Clock

C4.2, 4.2a, 4.2b, 9.1

b. Disclose Scope 1, Scope 2, and, if appropriate, Scope 3 greenhouse gas (GHG) emissions, and the related risks.

 

Carbon Clock

C6.1, 6.3, 6.5

c. Describe the targets used by the organization to manage climate-related risks and opportunities and performance against targets.

 

Climate & Energy

C4.1, 4.1b, 4.2, 4.2a, 4.2b

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