Nigerian Exchange Limited (NGX) has commended Lafarge Africa Plc for its consistency in disclosing sustainability performance to capital market stakeholders. The NGX mad this statement during the Facts Behind the Sustainability Report (FBSR) presentation of Lafarge Africa hosted by NGX.
In his opening remarks, Chief Executive Officer, NGX, Mr Temi Popoola,
applauded Lafarge Africa Plc for its consistency in leveraging the Facts Behind the Sustainability Report event series to inform stakeholders of its sustainability initiatives. “The decision taken by Lafarge Africa to continue to address stakeholders with the FBSR platform is truly commendable and will undoubtedly contribute towards favourably positioning the company in the line of sight of ethical and environmentally conscious investors.”
“Mounting evidence shows companies that adopt sustainable practices are better positioned to protect their brands from environmental and social risks, while also positioning themselves to benefit from the major capital allocated by sustainable investors. “These global trends reflect the importance of companies disclosing their ESG performance, as the benefits are far-reaching. Our role at the Exchange, is to support our listed companies and provide capacity-building opportunities for them to grow their competence in Environmental, Social and Governance (ESG) reporting. The overarching objectives for us is to see more companies approach and embrace sustainability from a knowledge perspective, realizing how much impact and value they are able to create for their stakeholders”, he said.
Sharing key highlights of Lafarge Africa’s sustainability performance, Country Chief Executive Officer, Lafarge Africa Plc, Mr Khaled El-Dokani, stated that “Lafarge Africa, a member of Holcim, has fully enlisted sustainability as part of its core values and sustainability continues to be a main value driver for our strategy and operations. We are established as an organisation inspired by the purpose of building progress for people and the planet. Throughout the reporting year, we remained focused on our ambition and goals to deliver innovative and sustainable solutions while ensuring that we improve our footprint in the Nigerian society.