As a significant milestone in its sustainability journey as well as the essential recognition of dedication to mitigating climate change, the Independent Science Based Targets initiative (SBTi)[1] has validated MTN Group’s company-wide greenhouse gas (GHG) emissions reduction targets.
Speaking on the development, MTN Group Chief Sustainability and Corporate Affairs Officer Nompilo Morafo, said “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 the SBTi.”
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 Group Chief Technology and Information Officer, Mazen Mrone also said “In collaboration with our suppliers, we are committed to ensuring that 80% of suppliers by spend will have science-based targets by 2026. 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.
According to the company, Â MTN is driving digital inclusion and empowerment across Africa, embodying its dedication to the United Nations Sustainable Development Goals. MTN is not only creating a more sustainable business model but is also helping improve the lives of people in Africa.
