Operator MTN has been rated among the top 500 global companies on corporate sustainability and environmental impact in the 2014 Newsweek Green Rankings.
MTN, which operates in 22 countries in Africa, Asia and the Middle East, came in 276th, with a Green Score of 35.4 per cent.
Newsweek partnered with Corporate Knights Capital and individuals from non-governmental organisations and the academic and accounting communities, to complete the rankings, using eight performance indicators.
“The ranking is particularly significant for MTN because we are in a small select group of global companies whose revenue is generated off a relatively low environmental impact basis,” said Paul Norman, MTN Group chief human resources and corporate affairs officer.
“The recognition ahead of some of the major global brands is humbling, particularly as we operate in markets where it’s not regulation driving responsible environmental behaviour. MTN is on this journey not only because it makes commercial sense; we operate in some of the most environmentally vulnerable parts of the world, where our customers often have the fewest economic resources to cope with the effects of climate change. As a result, we are conscious of the positive role we can play.”
