Safaricom to launch second Sustainability Report

Safaricom to launch second Sustainability Report

CC image coutersy of rogiro on Flickr

Safaricom will launch its second Sustainability Report tomorrow (Wednesday), aiming to present stakeholders with a consolidated view of its strategy and operations, material sustainability matters and associated sustainability performance.

“As we continue to grow and evolve, so does our sustainability reporting,” Kenya’s leading mobile network operator said in a statement. “Our sustainability reporting continues to evolve and reflects our conviction that sustainability is a journey, not a destination.”

The telecommunications company said it hopes the report will help its ecosystem of stakeholders achieve a more holistic understanding of how sustainability impacts Safaricom’s business.

The launch of the report comes a month after Safaricom’s annual general meeting (AGM), which was held at the Bomas of Kenya, on September 12.

During the AGM, shareholders approved a first and final dividend of KSh0.31 per share, up from KSh0.22 offered last year and payable to shareholders on the register of members at the close of business on September 12, 2013.

The rise in dividend was attributed to a 47 per cent jump in the company’s pre-tax profit, which hit KSh25.5 billion (US$300 million) in the last financial year.


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