Access Bank Partners Swedish, SA Firms to Raise Standard

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Access Bank on Friday said it is partnering three foreign organisations to ensure sustainable commercial banking business.

The bank made the announcement in a statement made available to the News Agency of Nigeria (NAN) in Lagos.

The institutions are the Global Reporting Initiative (GRI) Focal Point of South Africa, Swedish International Development Cooperation Agency, (SIDA) and Thistle Praxis.

It said that collaboration was one of the fallouts of a recent international workshop, “G4 Sustainability Reporting Guideline Training,” held in Lagos.

NAN reports that the workshop was designed to empower participants with the requisite knowledge of sustainability financial reporting.

It said that the programme provided a strategic opportunity for advancing the shared mission of mainstreaming sustainability reporting into business practices in Nigeria and Africa.

It also focused on how to enhance the presence of the Global Reporting Initiative in Nigeria and regional levels.

The Managing Director of the bank, Mr Herbert Wigwe, said that the collaboration with the firms was an opportunity to demonstrate leadership in the areas of responsible business practices and sustainability.

Wigwe represented by the bank’s Chief Risk Officer, Mr Gregory Jobome, said that issues around the subjects of sustainability and responsible business practices were important to the bank.

He said it was also consistent with the bank’s pedigree in championing and supporting sustainability initiatives across Africa.

Mr Douglas Kativu, Head, GRI Focal Point South Africa, encouraged Nigeria to ensure standards in the practice of sustainability reporting, given the size and relevance of the country in the global economy.

He said that the global business community should consistently review business decisions and their environmental impact to make the earth truly sustainable in the long term.

Ms Ini Onuk, CEO, Thistle Praxis Consulting, added that the workshop would improve participants’ capacity in the presentation of sustainability reports.

NAN reports that the firm helps organisations to measure, understand and communicate their economic, environmental, social and governance performance accurately.

GRI Focal Point South Africa works to promote GRI’s mission in Southern Africa and other key target markets in the continent.

Thistle Praxis Consulting is a strategy and assessment management consulting firm that assists in the delivery of innovative solutions from effective strategies.

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