Safaricom PLC, a leading telecommunications provider based in Nairobi, Kenya, has been at the forefront of the post and telecommunication services industry since its establishment in 1997. With a strong presence across East Africa, Safaricom offers a diverse range of services, including mobile voice, data, and financial solutions, notably through its revolutionary M-Pesa platform, which has transformed mobile money transactions in the region.
Recognised for its innovative approach, Safaricom has achieved significant milestones, including being the first company in Africa to launch a mobile money service. The company holds a dominant market position, serving millions of customers and consistently driving advancements in connectivity and digital services. Safaricom's commitment to enhancing customer experience and fostering economic growth solidifies its reputation as a key player in the telecommunications landscape.
+1 vs industry average
Safaricom’s score of 45 is higher than 55% of the industry. This can give you a sense of how well the company is doing compared to its peers.
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Industry Intensity
Post and Telecommunications Services is among the least carbon-intensive industries
Industry performance
The Post and Telecommunications Services industry has reduced its overall emissions by 60% since 2019
Emissions trajectory 2020 – 2027
Reported emissions
Scope 3 accounts for ••• of total emissions.
Safaricom's reported carbon emissions
Safaricom, a post and telecommunication services provider in Kenya, reported approximately 72.5 million kg CO2e in total emissions for fiscal year 2024. This figure encompasses Scope 1, 2, and 3 emissions. In fiscal year 2023, Safaricom's total emissions were approximately 73.1 million kg CO2e.
The company has set ambitious climate targets. Safaricom has committed to reducing absolute Scope 1 and 2 greenhouse gas (GHG) emissions by 43% by 2030 and 74% by 2050, from a 2017 base year. Additionally, they aim to reduce absolute Scope 3 GHG emissions by 41% by 2030 and 72% by 2050, also from a 2017 baseline. These science-based targets are validated by the Science Based Targets initiative (SBTi) and are considered consistent with reductions needed to keep warming to "well-below 2°C." Safaricom also aims for 10% of its suppliers by spend, covering purchased goods and services, to set science-based Scope 1 and 2 targets by 2023.
More immediately, Safaricom has a near-term target to reduce Scope 1 and 2 emissions by 20% between 2023 and 2024.
Further details on Safaricom's emissions and climate commitments can be found in their Sustainable Report 2024.
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Safaricom’s Climate Goals (2030 & 2050)
No climate goals have been disclosed for Safaricom yet.
Scope 3 top emissions categories
No scope 3 category breakdown has been disclosed yet.
Climate initiatives
Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact Climate Champions initiative
RE 100
Climate Action 100
Emissions comparison with industry peers
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Safaricom
Frequently asked questions
Common questions about Safaricom’s sustainability data and climate commitments
Data year: 2024
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