Slide 1: Vodacom Sustainability Strategy
Vodacom Sustainability Strategy C2 General 1
Slide 2: WHY Sustainability
WHY Sustainability Building good reputation Increasing revenues Improved reputation and trust Opportunity for new products & (trusted by the public – be known services (e.g. Thetha Nathi, Smart Increase value to do the right thing) metering etc.) Brand love – purpose-led Increased customer b
Slide 3: Methodology
Methodology Inputs Stakeholder issues Trends and challenges Business strategy Sustainability risks Benchmarking and • Globescan • Globescan • Vodacom strategy • Carbon Trust • ESG rating companies sources • Ministry of • Ministry of team • ESG rating companies (Sustainalytics) Environmental Affairs
Slide 4: Sustainability challenges
Sustainability challenges Poor Health Violation system of human Increased waste rights generation Climate Investment in change impacts waste to energy Poverty set to grow by The last five USD 12.26 billion and food years were the warmest in Shortage security history of raw Water scarcity materials a
Slide 5: Sustainability challenges stats
Sustainability challenges stats Globally only 9% of plastic ever In Sub-Saharan Africa Unemployment rate in SA is With the current climate produced has been recycled. An estimated 7 million change scenario, between 59 million 30.1% and is forecasted to people die every year from 79% is now found in
Slide 6: Our sustainability journey
Our sustainability journey Vodacom embeds sustainability in IM Recognized by FTSE4Good Index for Vodacom participates ESG performance COVID-19: in the investor led Vodacom WWF and NBI partner Six-point plan Carbon Disclosure Vodacom Project Responds to water Foundation crisis in SA through Maintain
Slide 7: Sustainability trends
Sustainability trends Climate risk Circular Risks in and mitigation economy supply chain Companies are setting science-based targets in Companies are committing to resource reduction Companies have set ambitious supply chain goals alignment to the Paris Climate Agreement’s aim to strategies like red
Slide 8: Sustainability trends
Sustainability trends Protecting Human Responsible biodiversity capital leaders for SDGs Business will need to come together to drive greater Issues of inclusion and diversity are becoming more Scaling up the use of technology to lift more and more holistic action to protect the world’s pronounced w
Slide 9: Sustainability risks
Sustainability risks 1 2 3 4 5 6 Brand and Regulatory reputation Physical Social Economic Technological • Challenging • Ethical • Climate change • Youth • COVID-19 has • Cyber threats and regulatory and consumerism impacts unemployment, placed high attacks policy environment • More natural poverty l
Slide 10: Evolution of sustainability
Evolution of sustainability Focus on CSI Focus on business resilience and success by 2022 Cost Embedded in EA agenda What The CEO’s agenda and everyone’s The Sustainable the business agenda by 2022 (e.g. Unilever) Business team’s agenda Value creation by 2023 Report on the past Brand shift by 2023 R
Slide 11: Strategic framework
Strategic framework Purpose 1 We connect for a better future Partners 4 UNGC, GRI, Government, WWF, NBI , UNSDG contribution Translation to key audiences Existing Purpose areas Digital Society Inclusion for All Planet ESG: reaching investors 5 Affordable internet Diversity Energy Mix for all (incl.
Slide 12: Strategy pillar: Digital society
Strategy pillar 1 ALIGNMENT WITH BUSINESS STRATEGY Best technology, Digital services, Financial Services Digital society We believe in a connected digital 1 2 3 society that connects people, Digital solutions communities and things to the internet like never before. Internet for all that transform l
Slide 13: Strategy pillar: Inclusion for all
ALIGNMENT WITH BUSINESS STRATEGY Strategy pillar 1 Segmented Proposition, Digital organisation and culture Inclusion for all 1 2 3 We believe that the opportunities and Women empowerment promises of a better digital future should Education Ecosystem and Diversity SME development be accessible to all
Slide 14: Strategy pillar: Planet
ALIGNMENT WITH BUSINESS STRATEGY Strategy pillar 1 Our brand and reputation Planet 1 2 3 We believe that urgent and sustained Energy mix Water Waste action is required to address climate • 50% reduction in GHG • *75% reduction in • *80% reduction of single-use change and that business success should
Slide 15: Strategy pillar: Responsible business practices and transparency
Strategy pillar 2 Digital and 1 human rights • Right to privacy and freedom of expression • Culture that respects the rights to privacy Responsible business practices and 2 Responsible supply chain • Compliance to Code of ethical purchasing transparency 3 Anti-bribery & • Compliance to anti-bribery
Slide 16: Strategy pillar: Social Contract
Strategy pillar 3 Social Contract To build trust with our customers through Hero Stories simplified and transparent pricing, customer Rural coverage, ConnectU, Trust orientated solutions and reducing our planetary Just4U town, Device impact. penetration To ensure fairness and promote digital inclusi
Slide 17: COVID-19 response: 6-point plan
COVID-19 response: 6-point plan 1 2 3 4 5 6 Expand coverage Accelerate support Enhance digital Enable digital Support exit Drive Financial and network to Governments accessibility & adoption for business strategies through inclusion infrastructure (Health, Education) literacy and SMEs targeted digit
Slide 18: Strategic pillars translate to key audiences
3 strategic pillars translate to: 3 key audiences: Audience 1: Partnerships and contributions UN SDGs, GRI, Government, WWF, NBI, UNGC Audience 2: Financial market • ESG rating Environmental Social • ESG integration into LTI • ESG loan Governance • RE100 Audience 3: 3Cs • Colleagues: Spirit of Vodac
Slide 19: 3Cs - Colleagues continued
3Cs - Colleagues continued Compliance, Audit, training Report on performance Social Earn and Ethics customer committee Compliance loyalty to policies Create the Sustainability future Targets Experiment Behavior Leader learn fast and way Drive from advocacy of doing the top Colleagues things Culture
Slide 20: Conclusion
Conclusion 1 2 3 4 Adoption Engagement Commitment Embedding Adoption and Consistent Commitment from Sustainability is implementation of engagement and the business and the way of doing the sustainability communication of leadership business strategy the strategy 20 C2 General
Slide 21: Thank you
Thank you