The Nigerian Exchange Limited (NGX) has said that sustainable finance can be a transformative tool used in shaping the Nigerian economy for the better.
The Divisional Head, Capital Markets, Nigerian Exchange Limited (NGX), Mr Jude Chiemeka, made this known in Lagos yesterday while delivering his remarks at the Investor Engagement session organised by NGX and the Global Reporting Initiative (GRI) themed “Empowering Responsible Investing – ESG Disclosure”
GRI partnered with the Exchange on the engagement session to further educate the investor community on incorporating ESG data into decision making.
Chiemeka noted that the exchange recognizes the power and potential of responsible investing while adding that it firmly believes that sustainable finance is not merely a buzzword but a transformative force that has the ability to shape our economy and society for the better.
Emphasizing the important role GRI plays in shaping the global sustainability reporting landscape, The NGX DH, said, “Through their work, they have paved the way for greater accountability and responsible business practices. We laud their dedication and unwavering commitment to building a more sustainable future.”
Delivering the keynote address, the Special Adviser to the Governor, Central Bank of Nigeria (CBN) on Sustainable Banking, Dr Aisha Mahmood spoke on the CBN’s efforts in enabling sustainable banking in the country via regulatory enforcement of ESG disclosures for banks.
For his part, the Director, GRI Africa, Mr Douglas Kativu, represented by Manager, GRI Africa, Tendai Matika stressed on why ESG information mattered to investors, advising companies to prepare their disclosures in line with the GRI standards.
