Author: admin-esg

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ESGIIA Press Hub
September 17, 2025

At ESG in Action Africa, we believe governance is not just a regulatory requirement. It is the heartbeat of resilient, profitable, and sustainable businesses on the continent. While many discussions about growth in Africa spotlight finance, technology, or market expansion, history shows that it is governance that determines whether businesses endure and thrive. In this article, we will explore why governance matters beyond compliance, why it is particularly vital in the African context, and how strong governance frameworks are closely tied to long-term Environmental, Social, and Governance (ESG) outcomes. Governance Beyond Rules and Regulations Compliance is the minimum. In Nigeria, for instance, International Financial Reporting Standards (IFRS) S1 and S2, which we discussed earlier this year, provide important guardrails. But the real power...

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ESGIIA Press Hub
August 25, 2025

Sustainability is no longer a theory. It’s in every part of business. It influences procurement decisions, investor expectations, boardroom conversations, and even hiring practices. What was once seen as external pressure is now an internal necessity. Businesses are no longer being asked what they intend to do about ESG. They are being asked what they have achieved. Yet intent remains the dominant posture in much of the market. Policies exist. Commitments are made. Reporting cycles begin. But without internal ownership, the outcomes are thin. ESG is referenced but rarely felt where it matters most: operations, strategy, and performance. This is why at ESGIAA, we are not focused on frameworks for their own sake. Our work begins where the reports end. We help...

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ESGIIA Press Hub
July 21, 2025

In recent years, Environmental, Social, and Governance (ESG) performance has emerged as a critical benchmark of responsible business. Yet in Africa, ESG remains a patchy and often misunderstood area. Some companies see it as a Western trend with little local relevance. Others embrace the language but not the substance, issuing reports without the internal architecture to make their commitments real. Regardless, some others genuinely want to get it right but fall short due to structural, governance, or capacity gaps. Regardless of the perception towards ESG, the consequences are no longer theoretical. Investors are watching, regulators are catching up, and communities are less willing to tolerate exploitative extractions and unaccountable operations. So, where are African companies going wrong, and what can be...

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ESGIIA Press Hub
June 18, 2025

As global markets face significant policy changes, shifts in investor priorities, and increasing stakeholder expectations, organisations have come to a realisation: their data reporting must evolve or they risk falling behind.  For years, sustainability disclosures were seen mostly as compliance tasks. Companies submitted reports and moved on. But moving forward, that is not enough. Stakeholders now expect more than standard sustainability and  Environmental, Social, and Governance (ESG) reports. They want evidence, clear impact, and accurate information; they demand transparency.  In this article, we explain why ESG data must go beyond compliance and how businesses, particularly in Africa, can adapt reporting mechanisms that support their operations and decision-making.   The Shift from Obligation to Practical Value Initially, ESG reporting was seen as a responsibility or image...

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ESGIIA Press Hub
June 18, 2025

In recent years, sustainability-related financial disclosures have transitioned from a corporate afterthought to an essential governance function. This shift has been solidified with the introduction of the International Financial Reporting Standards (IFRS) S1 and S2, which demand much more than a compliance-based approach.  According to the guidelines, they now require companies to embed sustainability and climate-related risks and opportunities into their core business strategies, governance frameworks, and financial disclosures. For boards, particularly those in companies operating within any sector exposed to sustainability risks (which is all sectors), these standards are not optional for Nigerian entities as they have been adopted by the government. In simple terms, they represent a fundamental change in how business risks are assessed, managed, and reported. In our last...

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ESGIIA Press Hub
April 23, 2025

Investors' expectations are shifting, and as the public and private sectors’ focus on ESG compliance grows, companies are expected to show how they manage environmental, social, and governance risks in their operations. This has made Sustainability reporting a critical requirement for businesses in Nigeria as well as other African nations. The International Sustainability Standards Board introduced the IFRS Sustainability Disclosure Standards, establishing a global reporting framework. Nigeria’s Financial Reporting Council (FRC) has also published a roadmap to guide companies through the adoption process. Many companies are still unsure of where to begin or how to approach the process. However, with clear steps and the right support, this transition can be managed in a way that strengthens not only business performance but credibility....

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ESGIIA Press Hub
March 18, 2025

  Another International Women’s Month is here, and while International Women’s Day (IWD) on March 8th was an important moment to reflect and celebrate, the real work continues beyond a single day. This year’s theme, “Accelerate Action,” is more than a slogan. It is a directive and we are all for it! We cannot afford to move at the slow pace of progress we have seen over the years, especially as global momentum on diversity, equity, and inclusion (DEI) initiatives has begun to flip.   The Growing Threat to DEI Initiatives In recent months, there has been a concerning trend of governments and corporations rolling back their commitments to DEI initiatives. In the United States, President Donald J. Trump signed executive orders rolling back...

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ESGIIA Press Hub
February 18, 2025

February is widely recognised as the month of love. For most, the focus of their love is on personal relationships. However, at ESGIA, we also believe this is a time to celebrate organisations that demonstrate love through quantifiable impact. Thanks to our work with clients and interactions with brands across Africa and beyond, we have seen firsthand that some companies are not only about profit-making. They are actively transforming lives, empowering communities, and driving sustainability in meaningful ways. Therefore, in this season of love and appreciation, we are celebrating some brands that go beyond business as usual, making a difference through sustainability, education, empowerment, and economic growth.  Here’s why they stole our hearts 1. Sterling One Foundation – Advancing Inclusive Education Sterling One Foundation is...

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Uncategorized
January 27, 2025

  In recent years, ESG (Environmental, Social, and Governance) has shifted from a niche concern to a central business imperative, shaping corporate strategies across the globe. In Africa, this shift has gained momentum. The value of ESG bonds issued by African businesses surged to $4.4 billion in 2024, a dramatic increase from $1.4 billion in 2023. This rise reflects a growing commitment by African corporations and financial institutions to embed sustainability into their core operations. As we enter 2025, this commitment is more critical than ever. The growing global focus on sustainability, combined with Africa's unique challenges and opportunities, demands a strategic approach to ESG planning.    The Growing Importance of ESG Planning ESG is no longer a peripheral issue, but one that is at...

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