Overall impact
C (46)

Commentary

Veon is an average overall performer. With a 'C' rating of 45.9 for overall impact (33rd percentile compared to all companies), Veon ranks 21st out of 28 industry peers, behind PC Tel, Spok, Sk Telecom and 17 others, and ahead of CalAmp, Telephone and Data Systems, United States Cellular and 4 others. On top material causes for Veon's industry (Telecommunications), Veon performs well in No Poverty (83.5 score) and Quality Lifelong Education (95.3) and performs poorly in Equal Pay and Opportunity (33.5 score), Accountable Institutions (23.2), Terrestrial Biodiversity (20.2) and 9 other causes where it received a 'D' or 'F' score.
Impact
Cause VEON
Peer rank
Overall impact

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Company
Employees
18,938
Sector
Communication Services
Industry
Wireless Telecommunication Services
Sub-industry
Wireless Telecommunication Services
SASB industry
Telecommunication Services
Headquarters
United Arab Emirates
Share classes
VEON
Description
VEON Ltd., a digital operator, provides telecommunications and digital services to corporate and individual customers in Pakistan, Ukraine, Kazakhstan, Uzbekistan, and Bangladesh. The company offers fixed-line telecommunication services using fiber optic networks; mobile telecommunications services under prepaid and postpaid subscriptions, including value added and call completion, national and international roaming, wireless Internet access, mobile financial, and mobile bundle services. VEON also provides cross-border transit, voice, and data services; mobile connectivity services on 2G, 3G, and 4G/LTE networks; prepaid scratch cards and electronic recharge options; customer support through contact centers; and Internet-TV using fiber to the building technology. It offers internet and data access, roaming, and messaging solutions; Simosa, MyKyivstar, and MyBeeline self-care applications; Kyivstar TV, Tamasha, BeeTV, Toffee, and Beeline TV video streaming platforms; BiP messenger app; Game Now gaming platform; Beeline Music for music streaming, as well as live audio streaming services; Jazz Cricket sports app; JazzCash and Simply financial services platforms that offer wallets, payments, transfers, and digital lending services; and Helsi, a digital healthcare platform. In addition, the company sells equipment, infrastructure, and accessories; and provides cloud solutions, including consumer storage apps. It offers its products and services under the Kyivstar, Banglalink, Jazz, JazzCash, Beeline, IZI, and OQ brands. The company also distributes its products and services through direct sales force, distributors, third-party retailers, supermarkets, offices, stores, franchises, online, and other distribution channels. The company was formerly known as VimpelCom Ltd. and changed its name to VEON Ltd. in March 2017. VEON Ltd. was founded in 1992 and is headquartered in Dubai, the United Arab Emirates.
Material causes
Ethos considers the following causes material for Veon, based on its industry sub-industry Wireless Telecommunication Services. Learn more about material causes in our methodology overview.

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