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14/10/2024 News

TotalEnergies Ghana Wins Big at the M&S Act for Impact Challenge

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TotalEnergies Ghana is thrilled to announce that it has been awarded first place in the Business category of the Act for Impact Challenge. The award, presented at the Act for Impact Gala Night in La Baule, France, recognizes TotalEnergies Ghana’s groundbreaking innovation in financial management with the launch of its OPEX Tracker Tool.

The OPEX Tracker, which has revolutionized the Company’s approach to cost control, was submitted as an entry to the maiden edition of the Act for Impact Challenge. Competing against 31 other finalists from affiliates across the continent, the tool stood out for its innovative design and ability to improve operational efficiency and financial transparency across all departments.

The OPEX Tracker Tool is a decentralized platform that empowers departments to take ownership of their operational expenditures. Equipped with a dynamic analytics toolbar and key metrics tabs, the tool offers real-time insights and automatic control validation, ensuring that financial anomalies are quickly identified and addressed. This system not only fosters a culture of accountability but also supports strategic, data-driven decision-making at every level of the organization.

This award is a significant milestone for TotalEnergies Ghana as it continues to lead with technological advancements in the energy sector. By implementing the OPEX Tracker Tool, the Company reinforces its commitment to maintaining financial integrity, encouraging continuous improvement, and driving efficiency across its operations.

About Act for Impact
Act for Impact emerged from a strong desire to rediscover ourselves by collectively exploring what brings us together and what makes up the M&S Africa DNA. This led to a collective process involving close to 150 employees over a period of several months. Our discussions revealed our continued commitment to making a positive impact across Africa in everything we do. Act for Impact is comprised of a manifesto outlining our ambition to improve the way in which we promote, share and boost actions for impact, a challenge aimed at identifying and promoting actions for impact currently in progress in Africa and a platform for sharing, inspiring and passing on actions for impact.
The 100th year anniversary of TotalEnergies was the perfect opportunity to launch Act for Impact and showcase the pioneering spirit that has always driven us.