The Chief Executive Officer of NGX Regulation, Olufemi Shobanjo, has called for the establishment of a unified ESG (Environmental, Social and Governance) regulatory body in Nigeria.
In a statement made available to The PUNCH on Sunday, Shobanjo made this call while speaking on the theme, From Vision to Action – Leading with Sustainability and ESG: Building a Sustainable Future and Green Finance, at the 2024 FITC Sustainability ESG Summit.
Shobanjo highlighted the urgent need for streamlined and enforceable ESG compliance across all industries.
“A unified ESG regulatory body is essential to drive consistent compliance and foster a sustainable business environment,” Shobanjo stated.
During the panel discussion, Shobanjo commended the FITC Board and Management, including a Fellow of the Institute of Chartered Accountants of Nigeria, Phillip Ikeazor, and the CEO of the Financial Institutions Training Centre, Chizor Malize, for their innovative launch of the ESG Sustainability Institute.
He noted that this initiative has provided a platform for promoting and discussing sustainability practices in Nigeria.
“The launch of the ESG Sustainability Institute marks a significant milestone in advancing our sustainability goals. EcoTech’s transformation is a testament to the power of integrating ESG into core business strategies,” Shobanjo remarked.
