Archive Sustainability Reporting in Nigeria

Sustainability Reporting in Nigeria

-

- Advertisment -

GRI
During a Sustainability and Reporting Dialogue organised by the Africa Focal Point for the Global RepoReport Initiative held recently in Lagos, leading expert on Sustainability, Ini Onuk said reporting plays a tripartite role in institutionalizing sustainability for organisations.

She explained the Sustainability report can serve as a communication strategy, stakeholder engagement and accountability strategy which undermines the importance of frameworks such as the G4 Guidelines.

Ini Onuk further explained that the lack of regulatory framework inhibits the growth and development of sustainability as a key element of business accountability. Although this might seem a herculean task, GRI’s organisational stakeholders have been encouraged to demonstrate leadership through competitiveness, leverage on supply chain and impacts from best practices in order to encourage other organisations.

Currently Nigeria accounts for 2% of GRI based reports with South Africa leading with about 96% and the other 2% scattered around the continent. ThistlePraxis has been engaging GRI for 3 years now and has watched the slow increase in organisations who signed onto the framework.

With the recent setup of a Focal Point Office in South Africa which serves the whole of Africa, ThistlePraxis urged GRI to make the country visit and dialogue an annual event.

Story By: Remi Serrano

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest news

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education (CHRICED) strongly condemns the attempts by certain well-heeled individuals and...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution that generates agricultural innovations to meet Africa’s most pressing challenges...

Nigeria and the Need to Urgently Develop its Universal Protection System

"The COVID-19 pandemic has exposed the inadequacies and weaknesses in our social protection system further widening the gap between...

Agribusiness Engagement key to Poverty Reduction among Youth

With the increasing rate of unemployment among youths in Nigeria, development stakeholders are of the opinion that agriculture can...

63% HIV Pregnant Women Do Not Access PMTCT Services -Expert Decries

By Ijeoma Ukazu | A medical expert, Dr. Ijaodola Olugbenga has decried that about 63 percent of HIV pregnant women...

UNDP To Hold Zonal Innovation Hub on Social Protection in Lagos

By Tejumade Sanusi | The United Nations Development Project, (UNDP) will be holding a two-day sensitization workshop for the establishment...

Must read

CHRICED Flays Perceived Intimidation Against HEDA

The Resource Centre for Human Rights & Civic Education...

IITA Partners IFAD-VCDP Towards Zero Hunger

International Institute of Tropical Agricultural (IITA), a non-profit institution...
- Advertisement -

You might also likeRELATED
Recommended to you

%d bloggers like this: