The Lagos Chamber of Commerce and Industry (LCCI) has honoured the Nigerian Stock Exchange (NSE) with the “CSR Company of the Year Award” in recognition of its progress in providing a world-class capital market with the implementation of innovations required to deliver a robust and efficient capital market,
The award was also in commendation for its role in delivering impactful Corporate Social Responsibility (CSR) to internal and external stakeholders, through its numerous initiatives like the NSE Essay Competition, Employee Volunteering Scheme, Employee Give-Back Initiative and NSE Corporate Challenge.
According to Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry (LCCI), “the objective of the annual awards is to recognize, celebrate and promote private and public institutions who have exhibited the core values of best business practices, growth through innovations, business sustainability and have positively impacted the society.”
The NSE, whilst announcing the receipt of the award, which was accepted on its behalf by Ms. Pai Gamde, Acting Head, Corporate Services Division, NSE, stated, “we are honoured and humbled to be recognised by Lagos Chamber of Commerce & Industry (LCCI) as the CSR Company of the Year. This award is a testament to the innovations we have undertaken to encourage and promote sustainability in the capital market.”
In the last few years, NSE has implemented far-reaching transformational policies aimed at strengthening the corporate governance of listed companies, providing products that are aligned to investors’ requirements, improving market access, ensuring a fair and orderly market, whilst delivering a comprehensive set of value added services to listed firms and giving back to the society through impactful Corporate Social Responsibility (CSR).
Olumide Orojimi, Head, Corporate Communications, NSE , was also quoted as saying: “We have made giant strides in striving to see that sustainability is a way of life in the Nigerian capital market. Our sustainability strategy is hinged on four pillars; community, marketplace, workplace and environment; and we currently have the NSE’s Disclosure Guidelines in the works, which will be unveiled later this year.”
The NSE Disclosure Guidelines is to encourage listed companies report on their sustainability activities.