NGX CEO Commends Lafarge Plc. For Sustainable Business Practices

The Nigerian Exchange Limited (NGX Limited) has applauded Lafarge Africa Plc for its commitment to sustainable business practices.

The Chief Executive Officer of NGX Limited, Temi Popoola, who made the commendation during the Facts Behind the Sustainability Report presentation by Lafarge Africa Plc on the NGX platform, noted that sustainable business practice is crucial to the global financial industry.

In his words; “With the recent advancements in climate change and the global charge to achieve sustainable development, Environmental, Social and Governance (ESG) factors are increasingly becoming a critical part of the investment decision-making process. This clearly highlights the big shift in the global financial industry in favour of sustainable business practices and this trend is most likely to continue at an accelerating pace.”

For his part, the Chairman, Lafarge Africa Plc, Adebode Adefioye, reststed the company’s commitment to corporate governance principles.  “As a Premium Board member company of NGX, we understand our responsibility to corporate governance and sustainability in its entire. Through partnership and advocacy we are driving the agenda doggedly deploying innovation, as well as championing how Nigeria can build better.” He said.

Also speaking, the Country Chief Executive Officer, Lafarge Africa Plc, Khaled El-Dokani, said Lafarge Africa being a part of Holcim Group – the worlds innovative and sustainable building solution provider – has fully enlisted sustainability at its core.

“This has been demonstrated by being one of its corporate values and the underpinning of our business operations. It remains a strategic focus for us as an organisation and its fully expressed in our global corporate positioning, ‘building progress for people and planet’.” He noted.

The Acting Divisional Head, Business Support Services, NGX Limited, Irene Robinson-Ayanwale, Said NGX has continued to support listed companies, market and entire ecosystem to adopt sustainable business practices and grow their competence in Environmental, Social and Governance (ESG) reporting.

“Our overarching objective is to see more companies approach and embrace sustainability from a knowledge perspective, realising how much impact and value they are able to create for their respective businesses and stakeholders.” She stated.

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