MTN Group Ties Remuneration of Senior Executives to its Environmental Goals -MTN Group has linked the remuneration of senior executives with the Group’s environmental, social, and governance (ESG) targets. The g... -
MTN Group has linked the remuneration of senior executives with the Group’s environmental, social, and governance targets.
The variable elements of executive compensation – both short-term incentives and long-term incentives – now depend on progress of three ESG goals.“Effectively managing our environmental, social and governance impacts is critical to reaching Ambition 2025,” said MTN Group President and CEO Ralph Mupita in the Group’s recently released“We have made great progress overall and continually strive to meet the increasingly high standards our stakeholders demand regarding our ESG impact.
The company says it is committed to reducing scope 1, 2 and 3 emissions by 47% by 2030 and reaching Net Zero by 2040, achieving workforce gender equality by 2030, and extending rural broadband coverage to 95% by 2025.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
MTN ties bosses' remuneration to rural broadband roll-outMTN has linked the remuneration of its senior executives with the group’s environmental, social and governance targets.
Read more »
MTN links executive pay to rural broadband and green energy goalsMTN has announced changes to executive pay structures.
Read more »
Standard Bank Group appoints new chairNyembezi is a 'seasoned and respected leader with extensive experience in diverse industries, gained from many years as an executive and board member,' says SBGroup. Moneyweb companynews banking
Read more »
Uganda court orders govt to review suspension of rights groupA Ugandan court has ordered the government to reconsider its decision to suspend the country's most prominent rights organisation.
Read more »
Irish group opens R650 million plant in South AfricaThe Kerry Group has opened a new €38 million (R650 million) plant in KwaZulu-Natal aimed at producing sustainable food for the continent.
Read more »