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, 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.