The Central Bank of Nigeria has said there is an urgent need for for robust ESG (Environmental, Social, and Governance) practices in response to global climate challenges as the Financial Institutions Training Centre (FITC) launched its Sustainability & ESG Institute as a hub for industry leaders, academics, policymakers, and changemakers to collaborate on sustainable practices
Speaking at a summit, deputy governor of Financial Systems Stability at the Central Bank of Nigeria (CBN) and Board Chairman of the Financial Institutions Training Center (FITC), Philip Ikeazor, stated the need to focus on advancing ESG practices.
Emphasising recent extreme weather events worldwide, including floods and heatwaves, Ikeazor underscored the critical role of ESG in fostering business resilience, value creation, and economic stability.
The FITC Sustainability & ESG Institute was part of efforts to promote environmental, social, and governance (ESG) principles across Africa. He praised FITC for…
Source: Leadership Newspaper
