Sustainability key to our business strategy — Oscar Onyema

The Chief Executive Officer of the Nigerian Stock Exchange, Mr. Oscar Onyema, has described sustainability as a critical component of the bourse’s business strategy.

Onyema stated this while commenting on the NSE first sustainability report entitled ‘Connecting Nigeria to the world through a sustainable capital market’.

The report, according to the bourse, demonstrates its commitment to increased disclosure, expanded stakeholder engagement and thought leadership on sustainability as a key aspect of its business strategy.

Onyema said, “Sustainability is a critical component of our business strategy and publication of this inaugural report marks a significant step towards greater transparency and robust engagement with our stakeholders and the communities that we operate in.

“It is about responsible and inclusive investment services, increasing opportunity, preserving resources, improving lives, creating jobs and meeting the needs of the various stakeholders that we serve.

He said the NSE would continue to leverage “our CSR platforms to share how, through efficient utilisation of resources, support of our committed employees and partners, we are transforming lives and communities.”

The report which aligns with the Exchange’s corporate social responsibility framework, covers the four key impact areas it has devoted attention and resources, market place, community, workplace and environment.

“The NSE continues its journey to build a sustainable organisation through responsible and inclusive financial and investment services. Our major achievements include: inaugurating the Alternative Securities Market, a specialist board for the listing of SMEs; signing on to the Sustainable Stock Exchanges Initiative, and inaugurating the Corporate Governance Rating System.