MTN Group has described
its company-wide greenhouse gas (GHG) emissions reduction targets recently
validated by the independent Science Based Targets initiative (SBTi), as a
significant milestone in its sustainability journey as well as an important
recognition for its dedication to mitigating climate change.
According to the MTN
Group Chief Sustainability and Corporate Affairs Officer, Nompilo Morafo in a
statement, businesses have a key role to play in tackling climate change using the latest science.
“We are pleased to
be joining over 5,200 companies and financial institutions that are taking
vital steps to help deliver rapid emissions reductions, working with SBTi,” she
said.
SBTi classified MTN’s scope 1 and 2 target ambition as
being in line with climate science with a 1.5°C trajectory, an important
recognition of the Company’s dedication to mitigating climate change and a
significant milestone in MTN’s sustainability journey.
MTN is committed to reducing absolute scope 1 and 2 GHG
emissions by 50% by 2030 from a 2021 base year. We have also pledged to
decrease absolute scope 3 GHG emissions from fuel and energy-related activities
by 50% by 2030 from a 2021 base.
The MTN Group Chief
Technology and Information Officer, Mazen Mroue also noted that “In
collaboration with our suppliers, we are committed to ensuring that 80 percent
of suppliers by spend will have science-based targets by 2026, adding that “We believe
in doing for our planet, and that’s why environmental and social considerations
are at the heart of everything we do.”
MTN’s SBTi-approved targets will be published on the
SBTi website on 29 June 2023.
Beyond our environmental commitments, MTN is driving
digital inclusion and empowerment across Africa, embodying our dedication to
the United Nations Sustainable Development Goals. By creating shared value for
our stakeholders through environmental, social, governance, and economic
value-added business practices and solutions, MTN is not only creating a more
sustainable business model but is also helping improve the lives of people in
Africa.
By: Nana Appiah Acquaye