About this report
Reporting scope, boundaries and frameworks
Welcome to the MTN Group’s sustainability report, encompassing a balanced, accurate and accessible overview of our performance with regard to our sustainability approach for the period from 1 January to 31 December 2022.
Our stakeholders expect us to report transparently about our operations. Meeting these expectations while inspiring the public to take an interest in our sustainability practices and solutions is of utmost importance to us. We therefore provide our stakeholders with the information needed to assess our sustainability progress through a suite of complementary reports.
Our suite of reports complies with the following reporting standards.
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Reporting standards |
IR |
AFS |
SR |
KIV |
TR |
CDP |
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IIRC |
The IIRC’s Framework | ||||||
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CA |
Companies Act, No 71 of 2008 (as amended) |
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JSE |
JSE Listings Requirements |
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FTSE |
FTSE/JSE Responsible Investment Index |
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KING IV |
King IV™* Principles |
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IFRS |
International Financial Reporting Standards (IFRS) |
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GRI |
United Nations (UN) Global Reporting Initiative |
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JSE |
JSE’s sustainability disclosure guidelines |
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GSMA |
GSMA ESG metrics |
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SASB |
SASB Sustainability Accounting Standards |
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UNSDG |
UN Sustainable Development Goals (UNSDGs) |
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UNGC |
UN Global Compact (UNGC) |
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UNGP |
UN Guiding Principles on Business and Human Rights |
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CDP |
Carbon Disclosure Project |
* Copyright and trademarks are owned by the Institute of Directors in South Africa NPC and all rights are reserved.
Sustainability Report 2022 02
Scope and boundaries
In alignment with MTN’s Integrated Report, this report adopts the financial reporting entity model of control and significant influence.
Financial reporting entity (control and significant influence)
MTN Group Limited
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Subsidiaries |
Joint |
Other |
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ventures |
investments |
Read more within Integrated Annual Report
Owing to MTN’s indirect minority ownership holding in Irancell and Mascom Botswana, select information is included. Some MTN Group head office services are undertaken in respect of these entities in the United Arab Emirates (Dubai) in leased offices and are incorporated into environmental reporting.
Data collection
Information sourced from various executive interviews, departmental questionnaires, information management systems, management reports and Board committee reports has been used to compile this report. Additional data, based on feedback from investor and stakeholder engagements, surveys, research and benchmarking was included. Where relevant, quantitative data for multiple years is provided to allow for trend analysis over time.
Exchange rate
All financial data is reported in South African rand (R), using the average exchange rate from January to December 2022 of R16.36 to US$1 (2021: R14.82 to US$1).
Combined assurance
Select indicators in this report have undergone internal or external assurance. These are indicated within the report using the indicated icons. Refer to the Group’s Independent Assurance Report on selected sustainability information in our 2022 Integrated Report for more information.
Feedback
We welcome feedback on this report and are committed to engaging with our stakeholders about our performance and sustainability efforts. Please address all feedback to Group Sustainability: sustainability@mtn.com
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