Nation Media Group PLC 2024 AR2
The report highlights Nation Media Group's performance and sustainability initiatives for the fiscal year 2024. Despite a 12.5% decline in total revenue due to a challenging macroeconomic environment, the Group achieved an 11% growth in its digital business, reaching 62.4 million users. Operational costs were reduced by 17.2% through cost containment and increased digitization. The Group made significant progress in its digital transformation under the 'NorthStar' strategy, with 83% of content delivered digitally. NMG also advanced its ESG commitments, focusing on responsible journalism, reducing its environmental footprint, and promoting diversity, with women representing 38% of management.
Company: Nation Media Group PLC
Sector: Communication Services
Country: Kenya
Year: 2024
Type: AR2
Pages: 156
Nation Media Group PLC
Annual Report And Financial Statements
The report highlights Nation Media Group's performance and sustainability initiatives for the fiscal year 2024. Despite a 12.5% decline in total revenue due to a challenging macroeconomic environment, the Group achieved an 11% growth in its digital business, reaching 62.4 million users. Operational costs were reduced by 17.2% through cost containment and increased digitization. The Group made significant progress in its digital transformation under the 'NorthStar' strategy, with 83% of content delivered digitally. NMG also advanced its ESG commitments, focusing on responsible journalism, reducing its environmental footprint, and promoting diversity, with women representing 38% of management.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women in Management
Workplace Fatalities
Net Zero Target
Employees