At Prosus, our commercial strategy underpins the climate agenda. Our capital allocation strategy has enabled us to develop an asset-light and low-carbon portfolio of businesses with limited areas of environmental impact.

Though our environmental impact is limited, we recognise the urgent need for climate action and every actor in society to do their part. Our environmental programme is designed to keep the objectives of driving a systemic transition to a more circular economy and decoupling business growth from emissions and environmental impact.

Our climate action strategy has a two-pronged approach: implement a pathway to net-zero emissions for our operations at a Prosus corporate level and engage our portfolio companies to reduce emissions, thereby reducing Prosus' financed emissions. To deliver on both, we measure and report, not just activity emissions but also financed emissions annually.

Underpinning our climate action is an ongoing effort to track and monitor our greenhouse gas (GHG) emissions across our group and operations by looking at activity data, supplier data, and financial data. This way we assess both our actual and potential climate impact. This data and insights feed into our climate-related risk assessment, into the baseline for our verified near-term science-based targets, as well as into our double-materiality assessment to identify material environmental impacts, risks, and opportunities.

Science-based portfolio target

Environmental Sustainability Programme 2025

Environmental Impact Report FY25

Emissions linked to the delivery of food and products are a significant contributor to the group’s emissions. For delivery vehicles, the emphasis is on reducing air pollutants from vehicles by transitioning to zero-emission modes of transportation such as electric vehicles for mid-mile and last-mile deliveries.

All entities that have delivery vehicles in their operations are making a transition to electric vehicles with the objective of reducing both pollution and emissions. However, scaling zero-emission deliveries is contingent on several enabling factors such as available charging infrastructure, affordable financing, suitable modes of transport and adoption by drivers. All these factors need to come together in an ecosystem that allows for the transition to electric fleets at cost-parity to internal combustion vehicles. This is a key area of focus and engagement with our Food Delivery and Etail businesses, as we try and catalyse these ecosystem solutions.

Electrifying progress report

Electrifying progress report - South Africa

Electrifying our fleet - India

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To ensure we protect our natural world for future generations and a high quality of life, we promote the responsible use of resources and a circular economy. Our approach incorporates sustainable principles such as replacing high-impact materials, reusing, recycling, and reducing packaging. Our circular economy approach is supported by some of our platforms initiatives to extend product life cycles, by facilitating the trade or refurbishment of secondhand goods.

Sustainable packaging

Our approach incorporates sustainable principles such as replacing high-impact materials, reusing, recycling, and reducing packaging. Delivery platforms can also accelerate progress by scaling the sustainable use and disposal of packaging. Platforms are powerful aggregators and can contribute towards innovation in materials and solutions while encouraging consumers to be more conscious and make more responsible choices.

As part of our sustainable deliveries programme, we actively support companies within our portfolio to develop and implement sustainable packaging strategies that prevent waste and encourage the use of more sustainable materials and solutions.

Scaling sustainable packaging report

Scaling sustainable packaging in India

Redefining business models for the circular economy

An important aspect of creating a circular economy is extending the useful life of products, preventing the need to use virgin materials and to manufacture new products. Both OLX and eMAG contribute to the circular economy through distinct activities that are embedded in their core business operations.

OLX enables its customers to trade used consumer products, thereby extending their useful lives. As a result, millions of items, including clothing, laptops and televisions, are reused instead of going to waste. Consumers buying pre-owned products reduce the need to manufacture, with their shift in behaviour helping to save materials, water and reduce GHG emissions.

eMAG enables a circular economy through the following ongoing activities:

1. Refurbish, repair and resell: Flip, an eMAG group company, buys, refurbishes, repairs and sells used consumer electronics like phones, laptops and smart watches.
2. Depanero repair service: Depanero, an eMAG group company, offers consumers a repair service to extend the lifespan of products. Products are restored to optimal functionality and consumers receive an efficient and cost-effective solution to continue using their devices.

OLX Impact Report Series

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Just and fair transition white paper short

Just and fair transition white paper long

Biodiversity risk assessment