PwC Ukraine assured the 2022 sustainability indicators of Vodafone Ukraine

10/07/23

Vodafone Ukraine has published its 2022 Annual Sustainability Report (the “Report”) together with the limited assurance report issued by PwC Ukraine ESG team.

According to Olga Ustinova, Vodafone Ukraine СЕО, “Today, Vodafone Ukraine is focused on three areas: recovery of infrastructure in frontline regions, the coverage expansion in western and central parts of Ukraine, and customer support in the country and abroad. In these circumstances, the company’s decision made in 2021 on development and approval of the sustainability strategy for the period up to 2024 has proved to be timely and strategically effective and efficient, especially during the full-scale war”.

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As part of the independent verification of the Report, PwC Ukraine team tested the accuracy of the ESG data collected, analysed the sustainability indicators, and checked compliance of the selected indicators with GRI Standards.

Olena Volkova
, PwC Ukraine Partner, comments:

“We are pleased to be part of qualitative changes in the sustainability reporting area, which are implemented by the transparent and ethical businesses in Ukraine. ESG is the area that inspires us, as a responsible business, at all levels: we are implementing relevant initiatives within our firm and are also ready to support our clients in providing assurance on sustainability indicators.

I am sincerely proud of the incredible resilience and an ability of the Ukrainian business to adapt to conditions of the full-scale war, to change traditional governance approaches and to continue focusing on compliance with sustainability principles.

With the strengthened EU regulation of ESG reporting, the preparation and independent third-party assurance of the reports are becoming an integral feature for companies in Ukraine. In this process, trust and transparency play a major role. Our team is happy to be part of these developments together with Vodafone Ukraine”.

Olga Ustinova, CEO of Vodafone Ukraine, comments:

“We seek to create long-term value for the society by providing high-quality connectivity services. We are also involved in the territorial recovery and development planning and implementation of infrastructure projects. Vodafone Ukraine’s sustainability strategy for the period up to 2024 is built on six interrelated priorities: digital equality, development of the corporate culture and human capital management, the responsible supply chain, tax and economic contribution and transparency, robust compliance system and environmental impact. We publicly report to our customers, partners and investors on our performance against our targets and we are proud of our ability to continue sustainable operations despite the wartime challenges. Publishing the 2022 Report is critically important for us and we appreciate the PwC Ukraine team’s efforts to provide assurance on it.”


Vodafone Ukraine
(part of NEQSOL Holding since 2019) is a leading telecommunications company that provides high-speed 3G and 4G Internet services and fixed broadband services. Vodafone's investments for 2022 exceeded UAH 3.5 billion. Over the years of the company's presence, the record investments have ensured the technological leadership and the development of new technological services – Internet of Things (IoT), technologies and solutions for Smart City, big data analytics, and cloud services. At present, Vodafone has 15.4 million customers in Ukraine who use its services.

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Olena Volkova

Olena Volkova

Partner, Consumer Markets Industry Leader​, PwC in Ukraine

Tel: +380 44 354 0404

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