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| Section | ECONOMY | |||
| TOPIC | ||||
V GROUP |
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| A holistic approach to emissions offsetting for sustainable climate footprint management | ||||
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The initiative aims to reduce V Group’s net climate footprint through the implementation of targeted greenhouse gas emissions offsetting actions. Its objective is to contribute to global efforts to address climate change by offsetting Scope 1 and Scope 2 emissions, as well as emissions associated with its digital activities, while strengthening environmental responsibility and promoting sustainable operations. |
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The initiative is addressed to a broad range of stakeholders, including investors, clients, and partners who integrate environmental criteria into their decision-making, as well as institutional bodies that assess organizations’ contributions to climate action. At the same time, it concerns the wider society, indirectly supporting clean energy and sustainable development projects. |
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| Annual initiative, continuously implemented. |
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V Group implements a comprehensive approach to managing its climate footprint, based on the systematic monitoring of greenhouse gas emissions and the implementation of targeted reduction and offsetting actions. Within this framework, V Group offset its Scope 1 and Scope 2 emissions through participation in the BAESA Hydroelectric Power Plant project, a certified renewable energy initiative that contributes to reducing reliance on carbon-intensive energy sources and promotes the generation of clean electricity. At the same time, recognizing the importance of digital environmental footprint, V Group proceeded with 100% offsetting of emissions associated with the operation of its corporate websites through participation in the Sierra Leone Safe Water Project. This internationally certified initiative combines emissions reduction with improved access to safe drinking water for local communities. Offsetting actions are implemented in collaboration with the internationally recognized organization SCB, through certified carbon credit mechanisms, ensuring that the corresponding emissions reductions are measurable, verifiable, and aligned with international standards of environmental integrity. Through these initiatives, V Group combines emissions management with the support of sustainable development projects, strengthening its contribution to the global effort to combat climate change. |
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V Group implements its emissions offsetting actions in collaboration with the internationally recognized organization SCB, which specializes in the development and provision of certified carbon offset projects. This collaboration ensures the quality, transparency, and credibility of the projects, as well as their compliance with international standards and carbon credit certification mechanisms. |
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| The initiative is implemented with the involvement of responsible Group personnel, who coordinate the processes of emissions recording, calculation, and monitoring, as well as the selection and implementation of offsetting actions. At the same time, the initiative enhances employee awareness on climate change and environmental responsibility, contributing to the development of a sustainability-oriented culture within the organization. |
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The initiative is implemented across V Group, while the offsetting projects are carried out at an international level. |
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| V Group achieved the offsetting of its Scope 1 and Scope 2 emissions, as well as 100% of emissions associated with the operation of its corporate websites, contributing substantially to the reduction of its overall climate footprint. The implementation of certified offsetting projects strengthens the credibility of its environmental strategy and meets stakeholder expectations for meaningful climate action. At the same time, through participation in initiatives such as the Sierra Leone Safe Water Project, V Group indirectly contributes to improving living conditions in local communities, linking climate action with broader sustainable development goals. |
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Through the implementation of emissions offsetting actions, V Group strengthens its strategic approach to climate management and enhances its overall environmental performance. This initiative reinforces the Group’s credibility among investors, clients, and partners, while supporting compliance with increasing requirements for carbon emissions management and reduction. Furthermore, the integration of offsetting actions into the Group’s environmental framework contributes to the development of a more comprehensive and resilient sustainability model, strengthening long-term value and positioning within the sustainable development landscape. |
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