Search Results for: SAFARICOM
-
NEWS
Key Highlights From The Safaricom 13Th Sustainable Business Report
Safaricom 13Th Sustainable Business Report: The telco contributed KES 983 billion to the Kenyan economy as it sustained 1,283,329 jobs in the last Financial Year. This is according to the telco’s 13th Sustainable Business Report, which was released on Thursday as it begins its transition to be Africa’s leading purpose-led technology company by 2030. Safaricom’s economic value to society through…
Read More » -
NEWS
Safaricom secures second $116.73m sustainability linked loan from local banks
Kenya’s leading telco Safaricom has secured another KES 15 billion (($116.73 million) Sustainability Linked Loan, bringing the total loan facility to KES 30 billion ($233.46 million) having announced the closure of a similar amount last year. The loan facility, which is the largest in the East African region, is set to advance Safaricom’s Environmental, Social and Governance agenda (ESG). The…
Read More » -
NEWS
Safaricom takes home the inaugural UNEP Environment Sustainability Award
Safaricom has been awarded for its climate action initiatives in the inaugural Environment Sustainability Awards by Kenya Private Sector Alliance (KEPSA) in collaboration with the United Nations Environment Program (ENEP). Safaricom was recognised for its innovative approaches in integrating and implementing climate change interventions in its business strategies, and its investments in digital and green solutions that contribute positively to…
Read More » -
CLIMATE CHANGE
Daniella Nyakuraya: Ways The Kenyan Real Estate Sector Can Tap Into The ESG Agenda To Make An Impact
Since the Environmental, Social, and Governance (ESG) concept started taking shape, there have been various campaigns encouraging businesses globally to adopt more sustainable business practices, pushing them to shift their attention from product and service delivery to sustainability. Despite ESG reporting not having gained much traction in Kenya, we are gradually incorporating it into company standards. The Kenya Companies Act of…
Read More » -
ENVIRONMENT
Corporations in Kenya join govt in ambitious plan to plant 15 billion trees
Responding to the urgent global call for environmental protection and sustainability, Kenya has made a bold move to plant an unprecedented 15 billion trees. Aimed at mitigating climate change, increasing biodiversity and enhancing environmental resilience, this ambitious effort reaffirms the nation’s commitment to environmental stewardship alignment to accentuate green growth. While this ambitious project is a major government initiative, the…
Read More » -
NEWS
[Hariprasad Viswanatha] Embedding sustainability for a green economy – riding the ESG wave
The number of publicly listed companies in Kenya that report on Environment, Social and Governance (ESG) is rising, albeit slowly. This can be attributed to the increasing push for awareness of organizations’ impact on the environment and society and the need to maximize the positive and reduce the negative. In 2021 the Nairobi Securities Exchange launched its ESG Disclosures Guidance Manual aimed…
Read More »