MultiChoice recently published its Environmental, Social, and Governance (ESG) Report for the financial year ended March 2023, which outlines the entertainment platform’s progress in addressing socio-economic and climate challenges.
Tumi Masekela, executive head of Corporate Affairs South Africa at MultiChoice said, “Our initiatives focus on employment creation, skills development, support of small businesses, caring for our environment and advocacy against gender-based-violence. Our report tells the stories of the impact these initiatives are making to unleash Africa’s potential.”
With regard to socio-economic development, the report highlighted:
- Tax revenues of R11.8 billion across the continent;
- R324 million in CSI initiatives;
- R107.1 million for learnerships, internships and apprenticeships;
- The creation of 1,095 job opportunities
- R12 billion in preferential procurement spend;
- R2.6 billion direct spend on medium and micro-enterprise;
- R2 billion spent on suppliers with at least 30% women ownership; and
- R7.7 billion allocated to BBBEE-compliant suppliers.
Company initiatives in sport range from supporting players to get to PSL and national team levels, netball coaching and clinics as well as involvement at school level with installing multipurpose sports fields.
From an environmental perspective, Multichoice adheres to the Greenhouse Gas Protocol and has implemented energy and water efficiency in all its buildings. Its carbon footprint has reduced from 86,080 to 75,060 tonnes of CO2e.
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