Monday, July 11, 2016 7:23 AM / NSE
The Nigerian Stock Exchange is pleased to announce that it has released its 2016 Sustainability Report titled “Ushering in a new era of sustainability in the Nigerian market place”.
The report, the second edition, demonstrates how The Exchange showcases the importance of sustainable business practices in delivering value and supporting economic growth.
The report, which is in accordance to the Global Reporting Initiative G4 Guidelines aligns with the Exchange’s Corporate Social Responsibility framework and covers the four key impact areas it has devoted attention and resources:
1. Market Place: The NSE promotes market-based approach to Environmental, Social and Governance (ESG) imperatives amongst all stakeholders. Our major achievements include:
2. Community: The NSE makes positive contributions to the communities where we live and work. Key progress recorded are:
3. Workplace: As a responsible employer, The NSE fosters engaging and high performing work environment that facilitates diversity, wellbeing and development of our people. During this period,
4. Environment: The NSE is committed to reducing the impact of its operations on the environment. Through an environmental management approach, the Exchange has been able to:
Commenting on the report, the Chief Executive Officer of The Nigerian Stock Exchange (NSE), Mr. Oscar N. Onyema, OON, said that “as we strive to create durable wealth for our stakeholders, the NSE continues to highlight the importance of sustainable business practices in delivering value and supporting economic growth. In 2015, we continued the holistic implementation and integration of the NSE Corporate Sustainability Strategy into our day-to-day operations, in order to effectively manage risks and business development opportunities. While we are pleased to report that we have held ourselves accountable to the highest standards, we are also intensifying our advocacy efforts to support the integration of the Environmental, Social and Governance (ESG) imperatives in the Nigerian capital market”.
The achievements of The Nigerian Stock Exchange are not lost on key local and international observers. The Exchange received four awards in 2015 in recognition of its game changing initiatives in promoting ESG and transparency and they are: