MTN Nigeria has been awarded a ‘B-’ in Climate Change and a ‘C’ in Water Security by the global Carbon Disclosure Project (CDP).
These scores underscore the telco’s approach to addressing environmental challenges and commitment to transparency in managing climate and water-related risks.
The ratings also 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, chief corporate services and sustainability officer, MTN Nigeria, Tobe Okigbo said, “we are embedding ESG considerations at the core of our 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 added that “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.
MTN said it remains committed to sustainability initiatives by creating shared value for stakeholders through responsible environmental, social and governance practices/solutions.
