The global Carbon Disclosure Project (CDP) has scored leading telecommunications company, MTN Nigeria “B-” in Climate Change and a “C” in Water Security in recognition of the telco’s approach to addressing environmental challenges and commitment to transparency in managing climate and water-related risks.
The latest ratings reflect the company’s continued efforts to enhance its non-financial disclosures and sustainability reporting, demonstrating accountability and progress in its environmental performance.
Speaking on the release of the CDP scores, Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria, said that the company was embedding Environmental, social, and governance, (ESG) considerations at the core of its operations, in recognition of its critical role in driving long-term value creation for our stakeholders.
“Our commitment to sustainability is reflected in our actions – from reducing energy consumption, improving energy efficiency, and increasing adoption of renewable energy,”he said.
Speaking further, he said “through our Project Zero initiative, we are progressing in our commitment to reducing our GHG emissions and achieving net zero emissions by 2040,”. “Being scored “B-” in climate change by CDP, a score in the “Management” band is a testament to the progress of our efforts”.
The CDP is a global non-profit that runs the world’s only independent environmental disclosure system. In 2024, 24,800+ of the world’s largest companies across over 90 countries disclosed information through the CDP’s comprehensive framework for measuring, managing, and disclosing environmental impact, enabling informed decision-making and driving sustainable growth.
