Safaricom Launches Second Sustainability Report
(AllAfrica Via Acquire Media NewsEdge) Safaricom has released the second edition of its Sustainability Report that represents its holistic reporting on matters material to Safaricom' s ecosystem.The report which is in line with the Global Reporting Initiative and UN global Compact guidelines, details imperatives and opportunities in network quality, innovation, energy security, employee environment, regulatory environment, customer experience, business partner ecosystem, ethics and values as well as environmental performance.
"Safaricom is not just about registering positive financial performance, but from a strategic perspective we recognise that sustainability continues to be a symbol of our common commitment to our shared future. Businesses can no longer thrive without due consideration of issues such as governance and values, innovation and climate change, said Bob Collymore, Safaricom's Chief Executive Officer during the release of the report.
Collymore also called upon corporates to partner and collaborate with government, civil society labour organizations and the United Nations agencies to take on responsibilities and allocate resources in areas that they previously may not have engaged in, outside of typical Corporate Social Responsibility Initiatives.
'Among the achievements we have registered since we launched our Sustainability agenda, is deepening financial inclusion through the launch of M-Shwari which now has over 1.2 million customers, lowering the carbon footprint by converting 34 diesel powered sites to the more efficient 'power cubes' and increasing network sites to nearly 3,000", added Mr Collymore.
The Sustainability Report is informed by the company's vision of Transforming Lives, Collymore highlighted that Safaricom has provided a quality lighting solution to more than 15,000 people through M-KOPA Solar which is a GSM-Controlled lighting solution; reduced its carbon footprint from 70,000 tonnes of CO2 to 61,000 tonnes of CO2 and improved its customer experience as measured by its Customer Delight Indices.
Safaricom's Chairman, Nicholas Ng'ang'a, noted that sustainability reporting positions a company within a new group of peers, and ignites the interest of a different genre of investors and partners. "An enabling environment for our business is key to our Sustainability. We continue to engage and dialogue with the government and the communications commission of Kenya to support the industry as a whole"
Copyright CIO East Africa. Distributed by AllAfrica Global Media (allAfrica.com).
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