19 Sep 2022
Naspers and Prosus sign The Climate Pledge
Naspers and Prosus sign The Climate Pledge, a commitment to reach net zero carbon emissions by 2040 – 10 years ahead of the goal set out in the United Nations’ Paris Climate Agreement.
Naspers and Prosus sign The Climate Pledge
- Naspers and Prosus sign The Climate Pledge, a commitment to reach net zero carbon emissions by 2040 – 10 years ahead of the goal set out in the United Nations’ Paris Climate Agreement.
The Climate Pledge is a community of leading businesses committed to transformational action in addressing critical climate challenges. Founded by Amazon and Global Optimist in 2019, the 375+ signatories to The Climate Pledge play a critical role in stimulating investment in the development of low-carbon products and services.
As we sign up to The Climate Pledge, we are committing to:
- Measure and report greenhouse gas emissions on a regular basis.
- Implement decarbonisation strategies in line with the Paris Agreement through real business change and innovation, including efficiency improvements, renewable energy, materials reductions, and other carbon emission elimination strategies.
- Take actions to neutralise any remaining emissions with additional, quantifiable, real, permanent and socially-beneficial offsets to achieve net zero annual carbon emissions by 2040.
“As a new signatory of The Climate Pledge, we reaffirm our commitment to lead in the transition towards a greener economy. The Climate Pledge is a unique platform to drive urgent joint action, to address the most critical climate challenges” said Prajna Khanna, Global Head of Sustainability at Naspers and Prosus.
As a global consumer internet group and a leading long-term technology investor, Naspers and Prosus recognise the power of technology to create solutions for some of the world’s most pressing needs, such as climate action. Our portfolio of asset light, digital platforms, can support the transition to a lower carbon economy by providing alternatives to traditional brick and mortar businesses and support for circular-economy innovations.
- Our education technology platforms are enabling digital access to a range of learning opportunities to millions of people without the need for physical travel or extended infrastructure.
- Our classifieds businesses are enabling a wider systemic transition to the circular economy.
- Through our Prosus Ventures arm and our early-stage tech investment vehicle, Naspers Foundry, we are increasing our focus on sustainable investment themes, such as agriculture technology and education technology.
Enhanced environmental disclosure is a key element of our commitment to net zero, and a demonstration of the importance we attach to climate stewardship across the group. We have made significant steps in the last two years on our disclosure of environmental data, using the GHG Protocol framework.
Further details of our climate action strategy can be found here:
Task Force on Climate-related Financial Disclosures (TCFD) disclosures
Mapping our environmental footprint
Boundaries and scope of our greenhouse gas accounting
About Naspers
Established in 1915, Naspers has transformed itself to become a global consumer internet company and one of the largest technology investors in the world. Through Prosus, the group operates and invests globally in markets with long-term growth potential, building leading consumer internet companies that empower people and enrich communities. Prosus has its primary listing on Euronext Amsterdam, and a secondary listing on the Johannesburg Stock Exchange and Naspers is the majority owner of Prosus.
In South Africa, Naspers is one of the foremost investors in the technology sector and is committed to building its internet and ecommerce companies. These include Takealot, Mr D Food, Superbalist, Autotrader, Property24 and PayU, in addition to Media24, South Africa’s leading print and digital media business.
Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ), a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has a level 1 American Depository Receipt (ADR) programme which trades on an over-the-counter basis in the United States of America.
For more information, please visit www.naspers.com.
Naspers Labs
In 2019, Naspers Labs, a youth development programme designed to transform and launch South Africa’s unemployed youth into economic activity, was launched. Naspers Labs focuses on digital skills and training, enabling young people to pursue tech careers.
Response to COVID-19
Naspers contributed R1.5 billion of emergency aid to support the South African government’s response to the COVID-19 pandemic. This contribution consisted of R500 million towards the Solidarity Fund and R1 billion worth of PPE sourced and distributed to South Africa’s front-line healthcare workers. In addition, Naspers contributed R6.9 million to the Nelson Mandela Foundation's EachOne FeedOne programme to support families who COVID-19 has impacted with meals for a year.