Safaricom PLC (NSE: SCOM) has been named to the CDP “A-List,” cementing its position among a small group of global companies recognized for excellence in climate change transparency and environmental disclosure. The recognition marks the second consecutive year that Kenya’s largest telecommunications operator has attained the top rating from CDP, formerly known as the Climate Disclosure Project.
CDP operates one of the world’s most comprehensive environmental disclosure systems, enabling companies to measure, manage, and publicly report their climate-related impacts. In 2025, only about 4 percent of assessed companies worldwide achieved an “A” rating, underscoring the significance of Safaricom’s inclusion on the list.
Safaricom attributed the achievement to continued investments in digital tools and data systems that have strengthened the quality and reliability of its environmental reporting. According to the company’s 2025 Sustainable Business Report, the adoption of advanced greenhouse gas data management tools, alongside AI-enabled dashboards, has enhanced its ability to track, analyse, and forecast emissions across its operations. These improvements have been critical in meeting increasingly rigorous global disclosure standards.
The company’s climate reporting aligns with leading international frameworks, including the International Financial Reporting Standards (IFRS) S1 and S2 and the Taskforce on Climate-related Financial Disclosures (TCFD). Safaricom has also introduced an internal carbon pricing mechanism to guide decision-making and incentivise lower-carbon operations.
Chief Executive Officer Peter Ndegwa said the recognition reflects the company’s structured approach to sustainability and transparency. He noted that Safaricom has planted more than 2.3 million trees as part of its reforestation programme, contributing to the offsetting of residual emissions, while a sustainability-linked loan continues to support the firm’s broader environmental, social and governance (ESG) agenda.
“Our adherence to global climate reporting standards has strengthened the credibility of our disclosures and contributed to this positive outcome,” Ndegwa said. “We remain committed to our ambition of becoming a net-zero carbon-emitting organisation by 2050.”
Safaricom’s environmental strategy is anchored on reducing direct emissions and accelerating the transition to renewable energy across its network. The 2025 Sustainable Business Report highlights the solarisation of 1,432 base transceiver stations, a move that has significantly reduced the company’s reliance on fossil fuels and lowered operational emissions.
Ndegwa added that the CDP “A-List” recognition aligns with Safaricom’s broader corporate purpose.
This acknowledgement reflects our commitment to both disclosure and action as we work towards becoming Africa’s leading purpose-led technology company. Innovation remains central to accelerating our environmental agenda, driving the adoption of green energy, and delivering positive outcomes for communities affected by climate change.
~ Peter Ndegwa, SAFARICOM CEO
Looking ahead, Safaricom has outlined ambitious medium-term targets to further cut its carbon footprint. The company aims to have 5,000 network sites powered by solar energy by 2030, with 95 percent of its overall network running on green energy. In addition, it plans to plant five million trees across more than 5,000 hectares and to decarbonise its supply chain by engaging more environmentally responsible suppliers.
With its latest CDP recognition, Safaricom joins a select group of global companies demonstrating leadership in climate transparency, reinforcing the growing role of African corporates in advancing credible and accountable sustainability practices.