Firms urged to put sustainability at the heart of business strategy
The Sustainability Professionals Institute of Nigeria has called on companies to make sustainability a core part of their business approach. At its inaugural conference in Lagos, industry leaders discussed the need to adapt sustainability frameworks to Nigeria’s unique economic and institutional realities. Prof. Kenneth Amaeshi and other speakers emphasised that sustainability should go beyond compliance and reporting. They highlighted the need for board-level commitment and measurable outcomes in corporate practices.
TLDR
- Prof. Kenneth Amaeshi urged firms to adapt sustainability to local needs, not just copy international standards.
- Kolawole Owodunni said sustainability should be central to decision-making, not just a marginal concern.
- Panelists stressed the importance of board support and integrating sustainability into risk management and capital allocation.
- Dr Ini Abimbola announced plans for SPIN to pursue chartered status and formal licensing for practitioners.
- Speakers highlighted the need for measurable outcomes and warned against treating sustainability as mere corporate social responsibility.
