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MTN details work to build the ‘MTN of tomorrow’ with release of suite of reports
26 April 2023
MTN Group is pleased to announce the release of our suite of annual reports for 2022. The Integrated Report, the Sustainability Report, the Transparency Report and the Tax Report provide details of our work in the year to deliver on our purpose and our plans to build the MTN of tomorrow.
“2022 was a challenging year for everyone, everywhere, and was characterised by increased macroeconomic and geopolitical volatility,” says MTN Group President and CEO Ralph Mupita. “But through the challenges, we stayed focused on our Ambition 2025, which is to provide leading digital solutions for Africa’s progress, and pursued opportunities to extend digital and financial inclusion for society at large.”
Our Integrated Report is our primary communication to all stakeholders. It aims to provide a holistic view of the Group in order to enable them to make an informed assessment of our strategic performance and prospects and the value we create and preserve through our business activities. It shows the connectivity between our strategic priorities; our material matters; the six capitals; the UN’s SDGs; our stakeholders; and the risks we face and the actions we are taking to mitigate them.
It contains the key focus areas of each of our board committees in the year and their plans for the year ahead. The Integrated Report also spells out our governance structures, policy and processes, as well as our remuneration policy and how we link rewards to performance.
In the Sustainability Report, we provide details of our environmental, social and governance performance and commitments. This is in a world that is lifting expectations of all organisations to operate responsibly, with integrity and a focus on the well-being of communities and the planet.
“This year, our Sustainability Report incorporates the GSMA’s new industry-specific ‘ESG Metrics for Mobile’ disclosures. It shows how we are positioning MTN at the centre of Africa’s transformation to improve the quality of life of Africans and to be economically empowering and environmentally sustainable,”says Mupita.
It details our progress in establishing MTN as a responsible, transparent and sustainable organisation, building on our climate disclosures and the work we are doing to strengthen data privacy and security, minimise the gender pay gap and uphold digital human rights.
Our Transparency Report provides insight into how MTN approaches digital human rights strategy and practice. “We believe all people should be able to communicate freely; to access and exchange information responsibly; and to enjoy privacy and security when using digital communication and data,” says Mupita.
Our voluntary Tax Report explains our tax affairs, shows our contribution to the socioeconomic development of our nationstate hosts, and that our total tax contribution in the year amounted to more than R51 billion, up from more than R44 billion in 2021.
“The 2022 suits of reports outlines the progress we are making as a company and the contribution we are making to society more broadly, which we trust all our stakeholders will find useful,” says Mupita.
Read the reports here: https://bit.ly/41Lxben
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