Kreston Global
Climate Impact & Sustainability Data (2024)
Reporting Period: 2024
Environmental Metrics
ESG Focus Areas
- Renewable energy
- Sustainable agriculture
- Waste management and recycling
- Green technology in mining
- ESG reporting
Environmental Achievements
- Mauritania aims to reach a 60% share of renewable energies in its energy mix by 2030.
- Morocco aims to reduce its energy consumption by 15% and reach 52% of renewables in its power capacity by 2030.
- Morocco has the world’s largest photovoltaic plant in operation.
Social Achievements
- Morocco launched the Direct Social Support program to offer direct aid to families in need.
- Increased access to Internet and electricity in Nigeria.
- Reduced under-five mortality rate in Nigeria.
Governance Achievements
- South Africa's focus on improving governance and compliance frameworks to address corruption and operational risks.
- Nigeria's efforts to relax bureaucratic red tape, incorporation processes, taxation, capital repatriation, and visa policies to attract FDI.
Climate Goals & Targets
Medium-term Goals:
- Mauritania aims to reach a 60% share of renewable energies in its energy mix by 2030.
- Morocco aims to reduce its energy consumption by 15% and reach 52% of renewables in its power capacity by 2030.
Environmental Challenges
- South Africa's challenges include corruption, lack of electricity, incompetence, and excessive regulations.
- Ethiopia's challenges include internal conflicts, climate change impacts, and state control of the economy.
- Nigeria's challenges include insecurity, corruption, and political instability.
Mitigation Strategies
- South Africa's mitigation strategies include robust governance, compliance frameworks, employee development, transparent operations, and technological solutions.
- Ethiopia's mitigation involves economic reforms, private sector involvement, and liberalization of the economy.
- Nigeria's mitigation involves attracting FDI through incentives, regulatory reforms, and infrastructure development.
Supply Chain Management
Climate-Related Risks & Opportunities
Opportunities
- Renewable energy investment opportunities
Reporting Standards
Frameworks Used: GRI Standards