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Tuesday, December 28, 2021 07:50 AM / by Sahara
Group/ Header Image Credit: Sahara Group
Leading energy Conglomerate, Sahara Group
has released its 2020 Sustainability Report which further reiterates its
commitment to creating shared value for its various stakeholders through
economic development, protection of the environment and building a sustainable
society.
The report highlights the Group's
economic, social, and environmental performance across 7 operating entities
within the Group including the Sahara Foundation.
Themed 'Leveraging Disruption for Growth
and Innovation', the report underscores how Sahara continues to leverage
innovation and technology in achieving its corporate goals and sustainability
ambitions across its businesses in Africa, Asia, Europe, and the Middle East.
In 2020, the Sahara Group navigated through the global economic and health
challenges, thereby 'Leveraging Disruption for Growth and Innovation'.
Director, Governance and Sustainability,
Sahara Group, Pearl Uzokwe, said the Group had continued to foster partnerships
and initiatives that have co-created a desirable future through innovation.
Uzokwe said: "We navigated through
the global economic and health challenges with continued attention to creating
shared value for our stakeholders. Our proactive response to the pandemic
ensured business continuity."
She said the Group's COVID-19 response
work included the launch of Abuja's only isolation, recovery and treatment
centre with 300 beds for patients; providing and sustaining oxygen supplies for
hospitals in Ghana and Cote D'Ivoire, providing dry and cooked food to
over one million beneficiaries, face masks, hand sanitizers and relief
materials to communities where our power affiliates (Ikeja Electric, Egbin
Power and First Independent Power Limited), upstream and other Sahara
affiliates operate across Africa.
In Zambia, Asharami Energy Limited Company
donated tens of thousands of hand-made fabric/ Chitenge masks to shore up
access to PPE and slow the spread of the virus. The company also published
materials in English, Bemba, and Nyanja to facilitate the dissemination of
information about the pandemic. In Kenya, Asharami Synergy Limited donated
thousands of 5 litre jerrycans of hand sanitizers, whilst oxygen was donated to
hospitals in Nigeria, (through Egbin Power), Ghana as well as Cote d'Ivoire to
boost life support operations. Our commitment is to make an impact on 1.3
billion Africans as the continent recovers from the pandemic.
According to Uzokwe, Asharami Energy
Limited, a Sahara Group Upstream Company, recorded an improved performance in
responsible procurement with 92% of our suppliers assessed for environmental
risks in 2020. A foremost operator in Africa's upstream sector, Asharami Energy
also achieved zero fatalities and loss time injury in the reporting year.
Sahara's trading arm has committed to
total compliance with IMO2020 regulation on keeping Sulphur content in shipping
fuels at 0.50% m/m (mass by mass) for emission control. Further a commitment of
$44million for the construction of Liquefied Petroleum Gas (LPG) facilities
within West African region was made as well as the purchase of two additional
LPG vessels to ensure the availability of cleaner energy sources for our global
market.
“Our commitment to host communities
enabled our investment of US$742 million in community development with a focus
on COVID-19 relief support. We also fixed all cables and panels for the rural
electrification project in Ajoki community. A project we plan to deliver by
2022. These demonstrate our progress on the sustainability journey,†Uzokwe
added.
In spite of the challenges faced in 2020,
the Sahara Foundation realigned its focus areas to address two new pillars-
promoting access to clean energy and fostering sustainable environments as we
execute the Group's Personal and Corporate Social Responsibility (PCSR)
initiatives.
In 2020, we launched a flagship project,
the Sahara Impact Fund, aimed at boosting the UNSDGs in Africa with over
$100,000 capacity.
Sahara Group's 2020 Sustainability Report
reflects its economic, social, and environmental activities from January 1 to
December 31, 2020. The report is the energy conglomerate's sixth sustainability
report, and the fifth report written in line with the GRI standard. The 2020
Sustainability Report has been organized and presented in accordance with the
Sustainability Reporting Standards of the Global Reporting Initiative (GRI).
The guidelines seek to achieve consistency amongst corporations reporting on
their sustainability activities.
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