In a world where talk is cheap and action speaks volumes, MTN Nigeria has once again walked the talk—unveiling its 2024 Sustainability Report with bold strides, clear numbers, and a message that says: business-as-usual is no longer enough.
Now in its sixth year, the report doesn’t just tick boxes—it tells a story. A story of a telecom giant that’s doing more than connecting calls; it’s connecting people, planet, and prosperity.
Long before regulations made it mandatory, MTN Nigeria embraced the IFRS Sustainability Disclosure Standards (S1 and S2)—becoming a pacesetter in Nigeria’s ESG evolution. But that’s just the headline. Dig deeper and you’ll find a company that’s aligning with GRI, SASB, UN Global Compact, NGX guidelines, the SEC’s Sustainable Finance Principles, and the Nigerian Code of Corporate Governance, all in one cohesive push to lead from the front.
“We’re not just reporting—we’re reimagining what corporate responsibility means,” said Dr. Karl Toriola, CEO of MTN Nigeria. “From achieving 93% network coverage, to slashing carbon emissions by 11%, from growing female workforce representation to 41.4%, to investing ₦3.5 billion in communities—we’re proving that profit and purpose can thrive side by side.”
And it doesn’t stop there. In 2024 alone, MTN directed nearly 60% of its spending to local suppliers, contributed a whopping ₦764 billion in taxes and levies, and introduced West Africa’s first eco-friendly SIM cards—an industry first.
“We’re doing for tomorrow, today,” added Tobe Okigbo, Chief Corporate Services and Sustainability Officer. “We’ve anchored ESG into every corner of our operations. Our sustainability ratings speak volumes: a B- CDP Climate rating, a C in Water Security, and an impressive 3.6 out of 4.0 ESG GPS score. Even more important? Nigerians are noticing—we maintained our #1 Telco spot in Net Promoter Score, and earned a 79% Reputation Index, far above industry norms.”
From launching the Nigeria PachiPanda Challenge—a platform for eco-solutions—to transforming corporate social investment into impact for over 663,300 lives, MTN Nigeria is shaping the future with intentionality, innovation, and inclusivity.
If you thought sustainability was just about planting trees, think again. MTN Nigeria is building a legacy, where connectivity comes with consciousness, and leadership comes with accountability.
