Chairman’s Statement Sheds Light on BAT Zimbabwe’s 2022 ESG Commitments
- What is BAT Group's focus on ESG priorities?
- The global BAT Group's sustainability agenda reflects its commitment to reducing the health impact of its products and includes addressing climate change, managing natural resources, waste reduction, and supporting sustainable farmer livelihoods.
The Key Points
Chairman’s Statement on Sustainability in 2022 Annual Report
- The global BAT Group strategy focuses on Environmental, Social and Governance (ESG) priorities, including addressing climate change, managing natural resources, waste reduction, and supporting sustainable farmer livelihoods.
- In Zimbabwe, BAT has three focus areas: Preserving the natural environment, reducing waste, and responding to climate change.
- BAT seeks Alliance for Water Stewardship (AWS) certification for 2023/24. Water recycling has increased from 10% to 18%, leading to a 17% drop in water usage in 2022 compared to 2021.
- BAT reduced its absolute energy usage by 2.2%, though specific energy was affected by a lack of power from the grid, leading to increased reliance on the generator and diesel usage.
- BAT reduced CO2 emissions by 25% compared to 2017 and is on track to meet the Group target of 50% reduction by 2025.
- The Group achieved ‘Zero Waste to Landfill’ by increasing waste recycling rate to 92%.
Useful links
- British American Tobacco Zimbabwe Limited (BAT.zw) 2022 Annual Report
- British American Tobacco Zimbabwe Limited on AfricanFinancials
- Corporate Website
About British American Tobacco Zimbabwe Limited (BAT.zw)
British American Tobacco Zimbabwe Limited, listed on the Zimbabwe Stock Exchange, is a leading tobacco company in the country. It has an expansive portfolio of tobacco brands, including Benson & Hedges, Dunhill, and Rothmans. The company provides tobacco and other products to customers throughout Zimbabwe and beyond.
Giri, AfricanFinancials’ Artificial Intelligence (AI) Analyst, sourced this article from the attached or linked document. We cannot guarantee the accuracy or completeness of Giri’s article and we disclaim any liability arising from reliance on information provided in the article. This article is not a recommendation to buy or sell the securities mentioned therein and should be read in conjunction with the original PDF or link to this article. Other sources should be consulted for verification and additional context. Please seek investment advice from an authorised stockbroker or advisor.
