Climate Change Data

Bayport Management Ltd

Climate Impact & Sustainability Data (2023)

Reporting Period: 2023

Environmental Metrics

ESG Focus Areas

  • Financial Inclusion
  • Responsible Lending
  • Client Protection
  • Gender Equality
  • Employee Well-being
  • Governance
  • Compliance
  • Ethical Business Conduct

Environmental Achievements

  • Reduced printing costs by 37% year-on-year in Botswana through black and white printing.
  • Reduced printing costs by 67% in Tanzania through internal paperless campaigns.
  • Installed automatic switches for air conditioning and lighting at Mozambique headquarters; 80% of lights are low-consumption LED.
  • 87% of light bulbs in Zambia are energy efficient.

Social Achievements

  • Achieved 100% client protection pathway certification across all subsidiaries.
  • Implemented 63 CSI initiatives, investing over USD125,000 in community projects.
  • Launched online financial literacy portal in Mexico and Mozambique.
  • Improved NPS from 26 in 2022 to 35 in 2023.
  • Launched the Alison Kay Blanchard Mentorship Programme for Women.

Governance Achievements

  • All subsidiaries amended loan terms and conditions to include ESG covenants and requirements.
  • 100% of subsidiary boards approved travel policies embedding ESG elements.
  • 38% YoY increase in funder engagement.
  • ESG KPIs were included in CEO KPIs.

Climate Goals & Targets

Long-term Goals:
  • Be recognised as a top employer in the industry.
Medium-term Goals:
  • Meet 2X Challenge consumption criteria.
  • Grow customer base through women-centric products/services.
  • Become a fully digital origination business by 2025.
Short-term Goals:
  • Improve customer use of online financial literacy platform.
  • Implement digital loan origination in Zambia.

Environmental Challenges

  • Gender diversity remains a challenge at BML and in some subsidiaries (below 30% female board representation).
  • Addressing liquidity challenges.
  • Maintaining employee focus and motivation.
  • Increased pressure from DFIs for data on environmental impact (energy, water, waste).
Mitigation Strategies
  • Succession plan in place to reach 30% female board representation by 2025.
  • Strategies to maintain employee focus and motivation (e.g., recognition programs, wellness initiatives).
  • Assessing feasibility of implementing initiatives to meet DFI requirements for environmental data.

Supply Chain Management

Responsible Procurement
  • Thorough due diligence on potential third parties.
  • Supplier selection criteria adhere to ESG policy and regulations.

Climate-Related Risks & Opportunities

Reporting Standards

Frameworks Used: GRI Standards

Certifications: ISO/IEC 27001:2013 (Ghana subsidiary)

UN Sustainable Development Goals

  • SDG 1
  • SDG 2
  • SDG 3
  • SDG 4
  • SDG 5
  • SDG 8
  • SDG 9
  • SDG 10
  • SDG 12
  • SDG 16
  • SDG 17

Bayport's activities contribute to these SDGs through financial inclusion, responsible lending, gender equality, employee well-being, and community investment.

Awards & Recognition

  • Bayport Ghana: CEO of the Year, Credit Brand of the Year
  • Bayport Ghana: Recognised in corporate governance category
  • Bayport Colombia: 18th best place to work, 8th best place to work for women
  • Bayport Mexico: Recertified by Great Place to Work Institute
  • Bayport Ghana: Recognised as an “authentic caring employer”