Today, MultiChoice published its Environmental, Social, and Governance (ESG) Report for the financial year ended March 2024. The Report demonstrates the company’s dedication to protecting the planet, empowering people, and offering transformative solutions that create lasting, sustainable value.
This year, MultiChoice celebrates three decades of enriching lives and transforming Africa’s entertainment industry through initiatives that have made more than an impact in the areas of sports, entrepreneurship, sustainability, employee development and increasing capacity to tell local stories.
MultiChoice’s ESG strategies and initiatives are aligned to the United Nation’s Sustainable Development Goals (SDGs), with specific focus on areas where it can make a direct contribution to positive outcomes in the communities in which it operates.
Key highlights in the 2024 ESG Report include:
Environment
The impact of climate change on Africa is a pressing concern, especially given its reliance on climate-sensitive sectors. MultiChoice recognises this urgency and is committed to mitigating its environmental impact. The company has taken proactive steps through initiatives such as investing in renewable energy, implementing carbon footprint reduction strategies and adopting sustainable business practices which combat climate change and safeguard the future of our planet.
MultiChoice’s environmental strategy is built on four pillars: strategic partnerships, conserving natural resources, creating solutions that enhance environmental performance, and limiting direct impact on the environment.
A standout partnership is the Earthshot Prize. As a member of this Earthshot Prize Global Alliance, MultiChoice collaborates with The Earthshot Prize to support environmental sustainability in Africa, this year, a record-breaking 400 entries were submitted from across the continent for The Earthshot Prize 2024 and the best African eco-innovators will be selected to compete for these 2024 Awards and stand a chance to win £1 million.
Social
MultiChoice continues to make a meaningful impact in the communities in which it operates, and the company’s commitment extends to respecting human rights, promoting diversity and practicing preferential procurement targeting historically disadvantaged individuals, women and youth.
At a glance, social initiatives included the MultiChoice Talent Factory (MTF), the DStv Schools Netball Challenge, Diski Challenge and the Here for Her campaign.
Governance
MultiChoice is dedicated to upholding the highest standards of corporate governance, ethics and integrity. These principles are fundamental in enabling the business generate value for all stakeholders. One of the company’s biggest focuses in this area has been the fight against the unauthorised retransmission and piracy of its content which poses a significant threat to the business and the wider industry.
MultiChoice is collaborating with Partners Against Piracy (PAP) and various government departments and stakeholders across Africa to take steps to combat broadcasting piracy.
Recently, MultiChoice signed MOUs with the Uganda Ministry of ICT and National Guidance and the South African Ministry of Justice and Correctional Services.
The MOUs aim to establish a partnership for capacity building, benchmarking, and experience sharing, as well as intellectual property rights protection, training, and skills development within legal frameworks.
The MOU for MultiChoice Africa Holdings B.V (MAH) and the Ministry of ICT and National Guidance also included digitalisation and enhancing the local content sector in Uganda.
Additionally, a multi-governmental workshop was confirmed for mid-2024 to review piracy policies and actions, focusing on amending cybercrime legislation. This workshop will include key departments, such as Justice and Constitutional Development, Communication and Digital Technologies, Correctional Services, demonstrating a collective commitment to combatting piracy and protecting intellectual property rights.
Economic impact
MultiChoice’s strategic initiatives and partnerships have resulted in the company making significant contributions in local content, giving small and medium-sized enterprises a leg up and promoting skills development – all of this has contributed to job creation and economic empowerment.
To learn more about MultiChoice's development programs, socio-economic investments, and the stories of those who have benefited from this extensive support, please refer to the Group's 2024 ESG Report available at multichoice.com .