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Zenith Bank entitled ‘Best Company in Sustainability Reporting in Africa”
By Tochukwu Ekoh

Zenith Bank has been entitled ‘Best Company in Sustainability Reporting in Africa” at the 2017 Sustainability Enterprise Responsibility Awards (SERAS) CSR Awards.

The bank said in Lagos on Monday that with the new award held at the weekend, Zenith Bank had blazed a trail as the winner of the award for the second consecutive year.

The News Agency of Nigeria (NAN) reports that the bank also won the 2016 Sustainability Report titled “Creating Wealth Sustainably” being the first Sustainability report in Nigeria and Africa financial services sector.

The award was introduced in October 2016 by the Global Sustainability Standards Board (GSSB).

The bank said it had raised the bar in sustainability reporting within and outside the financial services sector, while setting the pace in the adoption of global best standards in reporting.

The bank said that new standards was designed to replace the older GRI G4 reporting guidelines which was the reporting standard Zenith Bank adopted in its 2015 Sustainability Report.

It said:

“The bank has not only supported the global climate action and has prioritized investment in green and sustainable business projects, but has fully integrated environmental and social considerations into its business and credit administration processes.”

“As part of its green earth policy, Zenith Bank is the first bank in Nigeria to have carried out an external audit on its greenhouse gas footprints, using the Greenhouse Gas Protocol Corporate Standards, a globally certified GHG audit procedure.”

It said that the award had been widely acknowledged in the global Sustainability arena with the GRI featuring it on the homepage of its official website: https://www.globalreporting.org.

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