Kenya—Safaricom PLC, a listed Kenyan mobile network operator headquartered at Safaricom house in Nairobi, is the largest telecommunications provider in Kenya and one of the most profitable companies in East and Central Africa.
The telecommunications giant has been announced as a Global Compact LEAD participant for its ongoing commitments to the United National Global Compact and its Ten Principles for responsible business.
Safaricom is the only African Company on the list, which was identified as being among the most highly engaged participants of the world’s largest corporate sustainability initiative.
This is the 4th time since 2018 that the company has been incorporated into the prestigious list.
Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, said, “LEAD companies represent the highest level of engagement with the UN Global Compact.
“More than ever before. The world needs businesses of all kinds like the ones announced as LEAD today that continuously work to improve sustainability performance and take action to build a better world.”
“We are honored to have been included once again among the lead companies and we remain committed to our responsibility agenda covering key issues such as addressing our impact on the climate and building an inclusive business that not only meets the needs of our customers but also reflects the diverse nature of our society,” said Peter Ndegwa, CEO, Safaricom PLC.
To be eligible for LEAD, a company must be a participant in at least two UN Global Action Platforms to demonstrate its engagement and commitment to defining and fostering leadership practices in line with the Ten Principles and the Global Goals.
In addition, companies must submit or commit to submitting an Advanced Communication on the progress of an annual sustainability report detailing implementing the ten principles.
Safaricom was highlighted for demonstrating its commitment to the UN Global Compact this year by participating in Action Platforms on Climate Ambition, Peace Justice, and Strong Institutions and Decent Work in the Global Supply chain.
Each United Nations’ Global Compact Action Platform convenes business, Global Compact Local Networks, leading experts, civil society, Government, and UN partners to solves complex and interconnected issues and innovates around the sustainable Development Goals.