Vodacom published its first Task Force on Climate-Related Financial Disclosures report in June 2022, which focuses on key climate-related risks and opportunities to boost sustainability efforts and enable business success. The report sheds light on Vodacom SA’s business journey towards a sustainable future, and we use the report as a platform to map how far the business has come, and which direction we need to go to ensure a Just Transition.
A company’s TCFD report not only helps investors understand the risks and opportunities for the business in the face of climate change, but it also gives insight into sustainability initiatives. This leads to better strategic planning by the business and helps secure its place in a sustainable economy.