Institute Tasks Directors On Increasing Adoption Of ESG Principles


By Rukayat Moisemhe

The Chartered Institute of Directors Nigeria (CIoD) has urged directors to increase integration of Environmental, Social and Governance (ESG) principles into their boardroom strategies to drive sustainable growth.

The institute also urged directors to imbibe ethical and sustainable business practices.

Alhaji Tijjani Borodo, President of the institute, said this at the induction of new members of the institute on Thursday night in Lagos.

The event had the theme: “Driving Sustainable Growth: Integrating ESG Principles into Boardroom Strategies”.

Borodo noted that, globally, there had been increasing emphasis on adoption and implementation of ESG sustainability principles by companies to drive growth and ensure long-term business success.

According to him, a well-structured ESG framework aims to assess the performance of an organisation, considering factors such as impact on the environment and the society.

“The world has faced a number of environmental…

Source: News Agency of Nigeria