Safaricom commits to plant 5 million trees in 5 yearsAugust 22, 2019
NAIROBI, Kenya, Aug 22 – Safaricom has partnered with Kenya Forest Service to plant 5 million trees in the next five years to create sustainable forest cover across the country.
Safaricom Chief Corporate Affairs Officer Steve Chege says the trees will be planted in different places as it hopes to achieve the 10 percent forest cover by 2022.
“We have committed to work on this project, but we will plant indigenous trees in some of the gazette forests in Kenya,” said Chege.
He added that the telco will ensure constant communication with the community to ensure the sustainability projects are successful.
“Safaricom has made a bold commitment to become a net-zero carbon-emitting company by 2050 and even engage with the public as we embark on this project,” he adds.
He was speaking during the launch of the launch of the Sustainable Business Report 2019.
According to the report, the company recorded a nine per cent increase in the number of jobs sustained in the last financial year, both directly and indirectly, to 979,000.
These jobs were supported by an 11 per cent increase in the telco’s contribution to the economy, which rose to Sh601 billion, which is 9.6 times the profit earned in FY2018-2019.
Additionally, Safaricom increased the number of people with disabilities within Safaricom’s workforce from 1.7 percent in the latest financial year compared to 2.1 percent last year.
“This resulted in the telco increasing its expenditure on goods and services supplied by these businesses from Sh1.9 billion to Sh2.4 billion within the period under review,” she adds.
During the same period, the company also saw the disbursement of Sh29 billion shillings to 10 million subscribers through Fuliza overdraft that was launched in January 2019.
The company’s M-Pesa services also have 22.6 million customers, an increase of 10 percent and over 167,000 M-Pessa agents in the country.