Latest news with #2025ESGReport
IOL News
11-07-2025
- Business
- IOL News
Set on enriching lives and driving change: Inside MultiChoice's ESG Strategy
MultiChoice 2025 ESG Report reaffirms a commitment to a more inclusive, ethical, and sustainable Africa. Image: Supplied As Africa's leading entertainment platform, MultiChoice is setting a bold benchmark for corporate citizenship, not only on screens, but in communities across the continent. With the release of its 2025 Environmental, Social and Governance (ESG) Report, the Group reaffirms its commitment to building a more inclusive, ethical, and sustainable Africa. 'This report doesn't just sum up what we've done - it's a call to keep building a future that's more inclusive, more sustainable and more connected,' says Calvo Mawela, Group CEO of MultiChoice. 'Whether we're backing entrepreneurs, nurturing talent, or promoting climate solutions, our purpose stays the same: to enrich lives and deliver real, lasting value across Africa.' Aligned with the UN Sustainable Development Goals (SDGs), MultiChoice's ESG strategy targets areas where it can make the greatest impact from clean energy and climate action to education, equity, and economic growth. Impact through film and sports development From film sets to football fields, MultiChoice continues to unlock opportunity through education, training, and community development. The MultiChoice Talent Factory (MTF) has trained 486 emerging filmmakers across 14 countries. In FY2025, 86 graduates completed the programme, which includes mentorship, masterclasses, and production placements with partners like Zee World, Sony, and the Mastercard Foundation. Sport remains a cornerstone of MultiChoice's social impact. The DStv Schools Netball Challenge reached over 28,000 schoolgirls from 2,800 schools - with standout teams like Khombindlela High earning provincial recognition. The DStv Diski Challenge, celebrating its 10th year, has helped over 350 players enter professional football. In the last season alone, 23 players were selected for national U17 and U20 squads, while 19 earned Premiership promotion. Through the Let's Play programme, more than 140,000 learners now benefit from school-based sports infrastructure. And in 2025, 250 teachers completed training through Premier Skills, a coaching development partnership with the English Premier League. Video Player is loading. Play Video Play Unmute Current Time 0:00 / Duration -:- Loaded : 0% Stream Type LIVE Seek to live, currently behind live LIVE Remaining Time - 0:00 This is a modal window. Beginning of dialog window. Escape will cancel and close the window. Text Color White Black Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Background Color Black White Red Green Blue Yellow Magenta Cyan Transparency Opaque Semi-Transparent Transparent Window Color Black White Red Green Blue Yellow Magenta Cyan Transparency Transparent Semi-Transparent Opaque Font Size 50% 75% 100% 125% 150% 175% 200% 300% 400% Text Edge Style None Raised Depressed Uniform Dropshadow Font Family Proportional Sans-Serif Monospace Sans-Serif Proportional Serif Monospace Serif Casual Script Small Caps Reset restore all settings to the default values Done Close Modal Dialog End of dialog window. Advertisement Next Stay Close ✕ Ad Loading MultiChoice also partnered with The Earthshot Prize, the world's leading environmental award, to bring the 2024 ceremony to Cape Town - the first time it was hosted in Africa. Image: Supplied Shaping environmental impact through innovation and collaboration Africa is one of the world's most climate-vulnerable regions and MultiChoice is acting with urgency and intention. In the last year, MultiChoice recorded a carbon footprint of 72,399 tonnes of CO₂ equivalent (Scopes 1 & 2), showing steady progress in emissions reduction. More than 1 million kilowatt-hours of renewable energy were generated through solar and green infrastructure, while 7,048 trees were planted across local communities to boost biodiversity. MultiChoice also partnered with The Earthshot Prize, the world's leading environmental award, to bring the 2024 ceremony to Cape Town - the first time it was hosted in Africa. The event, broadcast across the continent, spotlighted local innovators including Kenya's Keep It Cool and Ghana's GAYO, both recognised for breakthrough climate solutions. Since 2021, Africa has produced 10 Earthshot finalists, 3 winners, and nearly 400 nominations in 2024 alone, with over £6 million raised to fund African-led sustainability efforts. Bold anti-piracy action to safeguard content Governance is the backbone of MultiChoice's ESG approach. Its sustainability disclosures align with GRI and JSE guidelines, underpinned by Board-level oversight and clear ethical principles. One of the Group's most active areas is anti-piracy enforcement. In FY2025, MultiChoice supported over 155 raids, resulting in the shutdown of 4,351 illegal networks and the arrest of 107 individuals involved in digital piracy. The Partners Against Piracy (PAP) coalition also grew its regional footprint. In 2024, Ethiopia became the latest country to formalise cooperation through a Memorandum of Understanding, strengthening the fight against intellectual property theft across the continent. 2025 ESG Report Image: Supplied Inclusive growth Beyond its internal operations, MultiChoice plays a catalytic role in advancing economic inclusion by supporting black-owned, women-led, and youth-driven enterprises. MultiChoice's economic footprint extends beyond direct employment, with significant investments in black-owned businesses and women-led enterprises. The MultiChoice Innovation Fund (MIF) supported 79 black-owned SMMEs, with 50% women-owned businesses benefiting from over R410 million in funding. This has created 1,000+ jobs and provided key support for sustainable local growth. In addition, the Youth Employment Service (YES) created 1,980 new jobs in FY2025, providing opportunities for young South Africans to gain experience and access career pathways in the media and digital industries. 'Through all of this, it's the people around us - our customers, employees, partners, and communities - who give us strength,' adds Mawela. 'ESG isn't a side project. It's part of who we are and how we show up for Africa every day.' To learn more about MultiChoice's ESG pillars and performance, download the full 2025 ESG Report here.
Business Wire
16-06-2025
- Automotive
- Business Wire
Monro, Inc. Publishes Fifth Annual Environmental, Social, and Governance (ESG) Report
FAIRPORT, N.Y.--(BUSINESS WIRE)--Monro, Inc. (Nasdaq: MNRO), a leading provider of automotive undercar repair and tire services, has released its fifth annual environmental, social, and governance (ESG) report. The ' 2025 ESG Report ' highlights Monro's ongoing commitment to operational excellence and responsible business practices as the foundation for driving growth, strengthening relationships, and delivering long-term value to stakeholders. "As Monro's new CEO, I'm energized by the opportunity to lead this great organization into the next chapter of the Company's evolution," said Peter D. Fitzsimmons, President and Chief Executive Officer of Monro, Inc. "By doing business the right way, we can continue to build resilience and create value for guests, teammates, and the communities we serve." The report covers the Company's efforts and progress during fiscal year 2025, including: Guest Experience Enhancement: Monro completed the company-wide rollout of its ConfiDrive digital courtesy performance review, improving service transparency and vehicle safety awareness. Teammate Development & Retention: Investments in training, workplace safety, and performance-based compensation supported strong retention among seasoned technicians and fostered a culture of growth. Environmental Progress: Monro made strides toward its 2028 goal of achieving 100% LED lighting across all store locations. Monro's 2025 ESG Report maps to certain metrics of the Sustainability Accounting Standards Board's (SASB) Multiline & Specialty Retailers and Auto Parts industries. The publication is available on Monro's corporate website at About Monro, Inc. Monro, Inc. (NASDAQ: MNRO) is one of the nation's leading automotive service and tire providers, delivering best-in-class auto care to communities across the country, from oil changes, tires and parts installation, to the most complex vehicle repairs. With a focus on sustainable growth, the Company generated approximately $1.2 billion in sales in fiscal 2025. Monro brings customers the professionalism and high-quality service they expect from a national retailer, with the convenience and trust of a neighborhood garage. Monro's highly trained teammates and certified technicians bring together hands-on experience and state-of-the-art technology to diagnose and address automotive needs every day to get customers back on the road safely. For more information, please visit MNRO-Corp
