Safaricom launches sustainability report

TELECOMS

|
Image: By BiztechAfrica
Safaricom launches sustainability report

Safaricom has launched its first ever Sustainability Report, identifying major sustainability risks and detailing the proactive measures that the company is taking to ensure a better tomorrow for future generations.

The Sustainability Report is hinged on the 8 strategic pillars that cut across the regulatory environment, energy and network security, innovation, ethical supply chain conduct , corporate ethics, environmental impact and employee engagement.

Speaking during the launch the report, Chief Executive Officer Bob Collymore described the report as the most detailed in the East African region Kenya complying with the stringent standards set in the Global Reporting Initiative (GRI) and in line with requirements set by the UN Global Compact Board.

He went on to say: "We have taken the bold move to embrace sustainability reporting  since we know business today has to move from  just doing the right things to doing things the right way. We have taken a critical look at the impact of our actions and decisions on the economy, climate, political environment, social, governance and environmental ecosystem. This report is really is about our collective future.”

Addressing the media at the same event, Safaricom Chairman Nicholas Ng’ang’a explained that with the launch of the report: “we are now making a commitment to shareholders, suppliers and customers alike, that we will safeguard the environment, adhere to ethical business practices, and embrace innovation in all  of our activities.” 

He added that the Sustainability Report will also enhance the positioning of Safaricom in the investor market, making the company’s shares attractive to global investors who place a premium on sustainable business practices. 

With the launch of the report, Safaricom joins the ranks of companies such as Nation Media Group and KCB in Kenya and Vodafone, Coca-Cola, Adidas and British Petroleum at the international level.



Share the News

Get Daily Newsletter

comments powered by Disqus

MORE TELECOMS NEWS

Africell DRC gets Vodacom, Orange interconnection

Africell subscribers in the Democratic Republic of Congo (DRC) are now able to make calls towards Vodacom and Orange networks as the suspension has been lifted. Read More

Vodafone Ghana launches loyalty programme

Vodafone Ghana, in a bid to enhance relationship with its customers, has launched its Loyalty Programme with numerous benefits for its customers across the continent.  Read More

DRC call rates increase – operators call for calm

Cellphone users in Democratic Republic of Congo (DRC) are unhappy after being told last week by SMS that they would have to pay more for making calls from 28 February 2015. Read More

Cameroon, Chad sign fibre optic partnership

Cameroon and Chad have signed a vital telecom partnership that could change the way their populations use ICTs. Read More

MTN Uganda implements UCC’s new codes directive

MTN Uganda has finally toed the line of Uganda’s telco industry regulator by adopting the recommended codes for loading and checking balances on mobile phones in Uganda. Read More

MTN encourages more talk with relaunch of TruTalk

MTN Nigeria recently re-launched the MTN TruTalk, a prepaid plan that offers customers the opportunity to make calls at a new tariff rate of 11 kobo/sec to 11 selected numbers from any network. Read More

Tigo upgrades microwave backbone in Eastern and Volta regions

In a bid to improve its customer experience, Tigo has completed expansion work on its Eastern Microwave backbone.  Read More

Mali Orange relief as international calls syndicate dismantled

Mali Orange investors and management are breathing a sigh of relief after two brothers who used the company network to allegedly operate an illegal international calls business for the past six months were arrested last week in the capital Bamako. Read More

DRC mobile operators to be taken to court by opposition politicians

Parliamentary leaders of the political opposition in the Democratic Republic of Congo (DRC) are taking the country’s mobile operators to court for suspending their numbers for one month without any valid reasons. Read More

Frustration as strike disrupts Gabon Telecom signal

Gabon Telecom subscribers continue to recount two days – 25 and 26 February 2015 – of frustration during which they were disconnected from the world, as a strike disrupted telephone and internet signals and threw the company’s activities into turmoil. Read More

PRESS OFFICES

Sage ERP AfricaSAP AfricaSage Pastel AccountingTrust PayVMWareSamsung ElectronicsMitsumi DistributionPhoenix DistributionMTN BusinessSchneider ElectricMultichoiceMicrosoft 4Afrika

FEATURED STORY

2bn priced out of internet access2bn priced out of internet access

A new report from the Alliance for Affordable Internet shows that the price of broadband remains prohibitive for billions in developing and emerging countries, with women and rural dwellers hardest hit.

IN DEPTH

Kenya’s digital TV battle hots up Kenya’s digital TV battle hots up

Kenya’s journey to Digital TV broadcasting took a new turn this week, when the Communication Authority of Kenya (CAK) accused three local media firms of intent to disrupt the process.