Access Bank has again demonstrated leadership in the responsible business practice and sustainability by collaborating with the Global Reporting Initiative (GRI) Focal Point South Africa, Swedish International Development Cooperation Agency, (SIDA) and Thistle Praxis on sustainability capacity building in Nigeria.
The session held at the Access Bank Head Office in Lagos, tagged G4 Sustainability Reporting Guideline Training Workshop, is designed to empower participants with the requisite knowledge of sustainability reporting, help them manage the reporting process and benefit from the transparency of adopting such standards.
Additionally, the programme provides a strategic opportunity for advancing the shared mission of mainstreaming sustainability reporting into business practices Nigeria and Africa as well as enhancing the presence of the Global Reporting Initiative in Nigeria at the national and regional levels.
Speaking at the occasion, Herbert Wigwe, Group Managing Director, Access Bank said that the “ the collaboration with GRI, SIDA and Thistle Praxis presents the Bank with another opportunity to demonstrate its leadership in the areas of responsible business practices and sustainability”. In the presentation made on his behalf by the Bank’s Chief Risk Officer, Gregory Jobome, Herbert stated that issues around the subjects of sustainability and responsible business practices are important to the Bank and consistent with its pedigree in championing and supporting sustainability initiatives across Africa.”
Access Bank as part of its quest to entrench best practices in the different facets of Nigerian life has organised several workshops and conferences, notable amongst which are the Nigerian Sustainability Banking Principles (NSBP) Steering Committee Meeting in partnership with IFC and AccessConference2103 where global leaders deliberated on the theme “Embracing Sustainable Leadership. These corporate actions are a testimony to the Bank’s sustained efforts at nation building and support for the Nigerian financial services sector in achieving a seamless integration of sustainable business practices into the core of its business operations.
In a related development, Mr. Douglas Kativu, Head, GRI Focal Point South Africa encouraged Nigeria to step up the standard in the practice of sustainability reporting, given the size and relevance of the country to global economy, adding that the global business community should consistently review business decisions and their environmental impact to make the earth truly sustainable in the long term.
Ms. Ini Onuk, CEO, Thistle Praxis Consulting, added that with the workshop improving participants’ capacity in the presentation of sustainability reports in a manner that demonstrates linkages between strategies and commitment to sustainable global economy as well as help organizations measure, understand and communicate their economic, environmental, social and governance performance accurately, the world will become more accountable.
About GRI Focal South Africa
The GRI Focal Point South Africa works to promote GRI’s mission in southern Africa and other key target markets on the continent. The GRI Focal Point South Africa’s objectives are:
– Promoting the importance of transparency for markets and better knowledge of sustainability reporting (SR) in key target markets on the continent as well as in the SADC region
– Building and strengthening sustainability performance and reporting capacity
– Shaping the reporting environment by influencing public policy and market initiatives
– Facilitating the participation and representation of African organizations/experts/practitioners in the development of the GRI Reporting Framework and governance bodies as well as GRI’s participation in key African regional initiatives
– Ensuring long term institutional sustainability
SIDA is a government organization under the Swedish Foreign Ministry. It administers approximately half of Sweden’s budget for development aid. Its headquarters is based in Stockholm with many offices in countries where it has ongoing activities.
About Thistle Praxis
ThistlePraxis Consulting is a Strategy and Assessment Management Consulting firm that assists organizations of all sizes and in all sectors through the delivery of innovative solutions from effective strategies.
In a summarized single focus through a six-point portfolio, its committed teams and seasoned faulty of experts advocate standards, responsibility and sustainability as key elements for ensuring profitability and attaining tangible impact.
It has a track record of reasonably-priced value that is hinged on an increasing list of satisfied clients and investments in pragmatic products and thought leadership initiatives that resonate with targets, every time.
About Access Bank
Access Bank Plc is a full service commercial Bank operating through a network of 348 branches and service outlets located in major centres across Nigeria, Sub Saharan Africa and the United Kingdom. Listed on the Nigerian Stock Exchange in 1998, the Bank serves its various markets through 5 business segments: Institutional, Commercial, Retail Banking, Transaction Services and Financial Markets.
The Bank has over 800,000 shareholders including several Nigerian and International Institutional Investors and has enjoyed what is arguably Africa’s most successful banking growth trajectory in the last ten years ranking amongst Africa’s top 15 banks by total assets and capital.
As part of its continued growth strategy, Access Bank is focused on mainstreaming sustainable business practices into its operations. The Bank strives to deliver sustainable economic growth that is profitable, environmentally responsible and socially relevant.