“This proactive approach positions MTN Nigeria to navigate regulatory changes, reduce operational vulnerabilities and contribute to global climate objectives.” Tobe Okigbo, Chief Corporate Services and Sustainability Officer, MTN Nigeria. 

Overview 

Climate change poses significant physical and transitional risks to businesses, including disruptions to operations, supply chains, and regulatory compliance. In line with IFRS S2, MTN Nigeria recognised the need to proactively address these risks to strengthen climate resilience and business continuity. The Climate Scenario Analysis (CSA) was undertaken to understand longterm climate impacts better, inform adaptation and mitigation strategies, and support alignment with national and global climate goals. 

Response 

MTN Nigeria conducted a Climate Scenario Analysis in 2024 using temperature projections ranging from 1.5°C to above 2.8°C. The assessment leveraged Copernicus Satellite Data for advanced climate monitoring and utilised the Shared Socioeconomic Pathways (SSP) framework, focusing specifically on SSP24.5. This enabled the identification and assessment of physical and transitional risks. The analysis also highlighted opportunities for energy optimisation and sustainable innovation that support longterm operational resilience.  

Key outcomes included enhanced risk management, integration of climate considerations into strategic planning and identification of energy optimisation opportunities.  

These efforts support MTN Nigeria’s environmental stewardship by providing the data and insights needed to reduce emissions and strengthen climate resilience across our operations. The Climate Scenario Analysis enables the identification of high impact risks, prioritisation of low carbon interventions, and integration of climate considerations into strategic planning. This evidence based approach enhances operational efficiency, guides energy optimisation decisions, and accelerates progress toward MTN’s environmental commitments.