Reporting and verification
Following the guidance of international frameworks, Telenor Group reports as per various frameworks and standards to ensure structured, transparent and relevant reporting of sustainability performance. Where appropriate, we also seek to secure independent verification of our sustainability reporting to effectively communicate the integrity of our reporting and performance to our stakeholders, customers and wider communities.
External verification
EY has carried out an independent review of the Sustainability Report 2022 to assess the accuracy of claims. The engagement has been undertaken in accordance with the International Standards on Assurance Engagements (ISAE) 3000 (Revised) Assurance engagements Other Than Audits or Reviews of Historical financial information (“ISAE 3000 (Revised)”).
Download EY Assurance Statement (ISAE3000) for Telenor Sustainability Report 2023
Reporting
To enhance accountability and transparency surrounding our operations and impact, Telenor engages in external reporting to comply with numerous international frameworks and standards including:
United Nations Global Compact
Telenor submits information to the UN in line with its ten globally accepted principles – in connection with human rights, labour, environment and anti-corruption. By participating in the Global Compact, Telenor has undertaken to incorporate the UN Global Compact principles into our everyday operations. Telenor Group reports to the UNGC at an advanced reporting level.
Global Reporting Initiative
Telenor Group reports its non-financial performance based on the internationally accepted framework of the Global Reporting Initiative (GRI). The Global Reporting Initiative Standards is a framework for reporting on our economic, environmental, and social performance. The latest report has been prepared in accordance with the GRI Standards: Core option, with an in-depth and targeted reporting focusing on the most material topics to Telenor.
SASB
As of 2021, Telenor is also adopting the SASB reporting framework. With a growing interest for how sustainability factors influence our business activities and our financial position, this is a useful supplement to the already implemented ESG reporting standards.
Carbon Disclosure Project (CDP) and Task Force on Climate-related Financial Disclosures (TCFD)
Telenor submits information on its scope 1, scope 2 and scope 3 greenhouse gas emissions to CDP (formerly the Carbon Disclosure Project). CDP is an international, not-for-profit organisation that is providing a global system for companies and cities to measure, disclose, manage and share vital environmental information. CDP has over the past 15 years created a climate reporting system that today is in line with the reporting framework of TCFD.
SDGs
At Telenor, we continue to evolve our services, operations, and targets as they relate to the SDGs. At the heart of our business functions is a drive to provide sustainable, innovative, and resilient infrastructure (SDG9 & SDG13). Through our services and programmes, we are committed to empowering societies by reducing inequalities (SDG10), empowering women and girls (SDG5), and helping enable quality education (SDG4). Together, these five SDGs form the bedrock of our global commitments.
Growing requirements lead us to include further standards in our reporting. We regularly evaluate additional and specific information requirements from stakeholders to ensure adequate ESG information to meet external expectations and requirements.