Integration of sustainability principles into business strategy and operations are increasingly assuming higher positions on the agenda of policy makers, market regulators, businesses and investors alike. • Organisations globally are demonstrating that responsibility and profitability should be complementary and not be seen or treated as mutually exclusive values. • Governments have historically initiated and led sustainability policies and regulation. • Currently, market regulators and operators are playing a central role in encouraging good corporate governance and transparency which ultimately leads to market credibility and builds trust which is the lifeline of any resilient capital market. • Stock exchanges – as the interface between listed companies and investors – have become sustainability change agents.
The NSE recognizes the impact of good sustainability performance and robust environmental, social & governance (ESG) disclosure on the overall performance of businesses. • This has been the motivation to strengthen internal sustainability management system with the integration of responsible business practices into overall strategy and day to day operations. • Commenced phased approach in 2013.
Nigerian Capital Market Sustainability Conference (NCMSC) served as a platform to discuss the business value of sustainable investment, enhancing corporate transparency and ultimately performance on Environmental, Social and Governance (ESG) issues. • A few recommendations from the conference are stated below: