The Nigerian Stock Exchange (NSE) in partnership with the Global Reporting Initiative (GRI), supported by UK aid, hosted a half-day workshop on sustainability reporting where the NSE Sustainability Disclosure Guidelines was revealed. The event held on Tuesday, March 19, 2019, at the Stock House in Lagos.
The workshop drew C-level executives, Corporate Social Responsibility and Sustainability experts, non-governmental organizations and other stakeholders to an interactive session to share insights on the imperative of good sustainable practices and reporting.
At the workshop, the implementation of sustainability reporting, key metrics in the guidance, the GRI Sustainability Reporting Standards, reporting process and enhancement of corporate transparency and ultimately performance on environmental, social and governance (ESG) issues were addressed.
Recently, the NSE secured approval of its Sustainability Disclosure Guidelines from Securities Exchange Commission (SEC). This Guidelines set out recommendations for good practice in thirteen thematic areas under four core principles in ESG reporting. Investors can look forward to a consistent approach to ESG reporting from Issuers listed on The NSE with the implementation of Guidelines.