Sterling One Foundation Partners LBS, PwC Nigeria, NGX Group, UNIDO ITPO, Others to Launch ESG Series

*Holds webinar today

The Sterling One Foundation has partnered with Price Waterhouse Coopers Nigeria, UNIDO-Investment Technology Promotion Office, Nigeria, Lagos Business School Sustainability Center, Sterling Bank, NGX Group, the Nigeria Employers Consultative Association and the Lagos Chamber of Commerce & Industry to launch the first edition of its Environmental, Social, and Governance (ESG) Series. 

The Sterling One Foundation is a non-profit dedicated to sustainable development and empowering professionals to drive social impact across Africa.

A press release said the event, themed “Understanding ESG and its Business Case” aims to support professionals in understanding, implementing, and reporting sustainability progress, in alignment with global standards. 

The press release said the initiative underscores the foundation’s commitment to fostering a deeper understanding of ESG principles and their significance in today’s local and global business landscape. 

According to the statement by the Foundation, the ESG Series was birthed following a workshop held at the 2023 edition of the Africa Social Impact Summit (ASIS) where it was discovered that there was a significant knowledge gap on the subject within the African development ecosystem as well as the private sector. 

“They commended all the excellent partners who have made the series possible noting that their commitment will strengthen professionals’ competencies in integrating ESG principles into organizational frameworks, and drive positive change while advancing the adoption of ESG principles and increased investment into the economy from local and global investors,” the statement said.

It noted that “over the years, Environmental, Social, and Governance (ESG) considerations have evolved from optional to essential for organizations, making the significance of incorporating ESG principles into business plans to enhance sustainability and corporate responsibility, for organizations an increased priority. 

“Statistics indicate that ESG-focused institutional investments are projected to reach $33.9 trillion by 2026.”

It said through this series, the foundation aims to demystify ESG concepts among the private, public, and development sectors in Nigeria and Africa while highlighting their tangible business benefits, to equip professionals with the knowledge and tools necessary for successful ESG integration in their organizations. 

“The one-day virtual event promises profound insights through in-depth sessions featuring thought leaders from private sector impact makers, development partners, international non-governmental organizations, and government agencies”, it added.

Speakers at the webinar which holds Tuesday (today) include Marilyn Obaisa-Osula, Head of ESG, Sustainability & Climate Change at PwC, Nigeria; Abimbola Olufore Wyclffe, Head of UNIDO-ITPO, Nigeria; Dr. Irene Robinson-Ayanwale, Divisional Head of Business Support Services at NGX; Eunice Sampson, Partner and Director of Climate Change & Sustainability at EY West Africa and Olapeju Ibekwe, CEO of Sterling One Foundation.

Interested attendees were urged to register to participate in the session.