Sustainability has moved from a trend to a core business strategy in Nigeria.
The new guidelines from the Financial Reporting Council (FRC) set a stronger direction for how companies should manage their impact and stay accountable to the public.
The aim is simple. Companies should run responsibly. They should protect people, manage risks, and report their actions with honesty. The shift will shape how Nigerian businesses grow, attract investors, and build trust in the years ahead.
At the heart of these guidelines is a clear message. Sustainability is not separate from business growth. It is a key part of leadership, risk management, and strong operational systems.
Boards now have a defined role. They must guide sustainability goals and ensure leadership understands the risks a company faces. This brings discipline into decision making.
Management also has new responsibilities. They must turn sustainability targets into action. They must track performance and prepare accurate reports that stakeholders can trust. This takes sustainability from talk to measurable progress.
Culture completes the picture. Every team has a role. Human Resources, finance, operations, procurement, marketing. Each unit contributes to safer, cleaner, and more responsible business practices.
This shared responsibility is what will push companies closer to real accountability. It is also what builds long term strength.
ALSO READ What Nigerian Companies Must Now Do Under the New Sustainability Guidelines:
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