Safaricom - 2021 Sustainable Business Report

20 SAFARICOM SUSTAINABLE BUSINESS REPORT 2021 //// STANDING TOGETHER: GOING BEYOND / OUR MATERIAL TOPICS / OUR STAKEHOLDERS / KPI SUMMARY AFFORDABLE AND CLEAN ENERGY: “ENSURE ACCESS TO AFFORDABLE, RELIABLE, SUSTAINABLE AND MODERN ENERGY FOR ALL.” DECENT WORK AND ECONOMIC GROWTH: “PROMOTE SUSTAINED, INCLUSIVE AND SUSTAINABLE ECONOMIC GROWTH, FULL AND PRODUCTIVE EMPLOYMENT AND DECENT WORK FOR ALL.” KEY UN SDG TARGETS 7.1 By 2030, ensure universal access to affordable, reliable and modern energy services. 7.2 By 2030, increase substantially the share of renewable energy in the global energy mix. KEY UN SDG TARGETS 8.2 Achieve higher levels of economic productivity through diversification, technological upgrading and innovation, excluding through a focus on high-value added and labour-intensive sectors. 8.3 Promote development-oriented policies that support productive activities, decent job creation, entrepreneurship, creativity and innovation, and encourage the formalization and growth of micro-, small- and medium-sized enterprises, including through access to financial services. 8.5 By 2030, achieve full and productive employment and decent work for all women and men, including for young people and persons with disabilities, and equal pay for work of equal value. 8.6 By 2020, substantially reduce the proportion of youth not in employment, education or training. 8.10 Strengthen the capacity of domestic financial institutions to encourage and expand access to banking, insurance and financial services for all. OUR CONTRIBUTION Transitioning to the use of clean energy at our sites, together with leveraging technology to provide clean energy, including payment solutions. • We have introduced science-based carbon reduction targets to help us plan our progress towards becoming a net zero carbon emitting company by the year 2050. In FY20 we registered our targets with the Science Based Targets Initiative. • We have planted over 650 000 trees under our carbon offset tree growing initiative which is part of our commitment to grow 5 million trees in five years which we estimate will offset 26% of our emissions. • We have transitioned 255 (5%) of our sites to renewable and hybrid energy sources – up from 217 (4%) in FY20, with 1 299 (23.5%) connected to the national grid so far. • In partnership with M-Kopa Solar, we have provided access to solar energy to over 822 913 households with an impact on 3.3 million lives and over 1.7 tonnes (tCO 2 ) in avoided emissions. • We have partnered with Circle Gas to provide low income households in Nairobi access to clean, affordable, convenient and reliable cooking gas. To date 41 000 customers have enrolled, with over 1.4 million cooking sessions using M-Gas. OUR CONTRIBUTION Providing decent work within Safaricom and our broader ecosystem, including enforcing effective health and safety practices both internally and by suppliers, simultaneously contributing to the local and national economy through innovative solutions to increase employment and facilitate economic activity amongst suppliers and customers. • We sustained 1 003 669 jobs through our wider economic impact in FY21, including 247 869 M-PESA agents and over 435 dealers. • Under the Safaricom Foundation Wezesha programme we have supported over 936 youth with digital jobs skills training and agribusiness through the Wezesha Agri programme. • Over 14 000 active farmers are using the Digifarm integrated agriculture platform service end to end. This service, which helps agribusiness and smallholder farmers access credit, information and sell their farm produce, has seen over 228 416 farmers accessing learning content and over KSh 473 millions’ worth of inputs redeemed.