MTN Nigeria (JSE:MTN) is making strides towards the country's net zero commitments by investing in clean energy technologies. The telecom giant affirmed its commitment on Monday, as part of its broader strategy to reduce emissions and promote sustainable growth.
The company's 2023 climate change report outlined its partnership with a renewable energy Independent Power Producer (IPP) program. The collaboration seeks to deploy a Compressed Natural Gas (CNG) power plan to supply MTN Plaza, its corporate office, and main data center in Ikoyi. The move aligns with Nigeria's Climate Change Act 2021, which aims to achieve low greenhouse gas emissions and green growth by setting a net zero GHG target between 2050 and 2070.
In addition to the CNG power plan, MTN Nigeria has implemented several other measures to optimize energy consumption and reduce greenhouse gas emissions. These include the use of three 1.1 megawatt (MW) gas generators, which have significantly reduced emissions and saved more than N570 million in energy costs.
Furthering its commitment to sustainability, MTN Nigeria has installed motion light sensors in buildings and switching centers and launched a 56-kilowatt proof-of-concept solar project. The latter delivers over 4,000 kilowatt hours of clean electricity each month.
Karl Toriola, CEO of MTN Nigeria, emphasized the company's dedication to environmental sustainability. "Our commitment to Nigeria goes beyond connectivity. We recognize the environmental challenges our nation faces and we are dedicated to being part of the solution. Our investments in sustainable energy and infrastructure are not just good for business; they're essential for the future of Nigeria," he stated.
The net zero emissions target set by MTN Nigeria is part of MTN Group's Project Zero. This initiative focuses on reducing greenhouse gas emissions across its operations while enhancing operational efficiency. The company plans to achieve this by reducing energy usage, substituting non-green energy sources, and investing in certified climate protection projects with high environmental and social standards to offset unavoidable emissions. Experts agree that transitioning to sustainable energy is a gradual and intensive task, requiring continual improvement and intentional actions.
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