Tanzania Cigarette Public Ltd Co 2022 AR2

The report highlights Tanzania Cigarette Public Limited Company's (TCC Plc) strong performance in 2022, achieving a record domestic sales volume of 5.7 billion sticks and a record annual production of 9.1 billion sticks. Financially, the company delivered double-digit profit growth with net profit increasing by 16.2% to TZS 69.2 billion. On sustainability, TCC Plc reduced CO2 emissions by 211 tons, decreased water consumption by 37%, and increased its recycling rate for non-tobacco materials to 58%. Additionally, the company quadrupled its solar-powered renewable energy capacity to 300kW and was recognized as a Top Employer in Tanzania and Africa for the fifth consecutive year.

Company: Tanzania Cigarette Public Ltd Co

Sector: Consumer Staples

Country: Tanzania

Year: 2022

Type: AR2

Pages: 112

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Tanzania Cigarette Public Ltd Co

Tanzania Cigarette Public Ltd Co 2022 Annual Report

Annual Report

The report highlights Tanzania Cigarette Public Limited Company's (TCC Plc) strong performance in 2022, achieving a record domestic sales volume of 5.7 billion sticks and a record annual production of 9.1 billion sticks. Financially, the company delivered double-digit profit growth with net profit increasing by 16.2% to TZS 69.2 billion. On sustainability, TCC Plc reduced CO2 emissions by 211 tons, decreased water consumption by 37%, and increased its recycling rate for non-tobacco materials to 58%. Additionally, the company quadrupled its solar-powered renewable energy capacity to 300kW and was recognized as a Top Employer in Tanzania and Africa for the fifth consecutive year.

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Document Details

Report Year

2022

Reporting Period

Jan 1, 2022 - Dec 31, 2022

Fiscal Year

2022

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Net Zero Target

Employees