Axxela Promises More Investments in Gas Sector, Wins Award
A leading sub-Saharan African gas and power company, Axxela Limited, has promised to make more investments in Nigeria’s energy sector, describing the gold medal award it received recently in the 2024 EcoVadis Sustainability Rating, as an encouragement and motivation for it to improve and do more.
This rating, according to a statement by the company, underscores Axxela’s steadfast commitment to sustainability, corporate social responsibility, and ethical business practices.
Among the companies evaluated by EcoVadis over the past twelve months, Axxela achieved an impressive 97 percentile rank, showcasing its dedication to continuous progress in sustainability and ESG practices.
This accolade marks a significant advancement from its previous silver medal rating, highlighting the company’s increasing efforts in this domain.
Commenting on the award, the Chief Executive Officer of Axxela, Mr. Bolaji Osunsanya stated: “Achieving a Gold Medal in our 2024 Sustainability Rating from a globally renowned authority on business sustainability ratings, serves as a superior validation of Axxela’s unwavering commitment to environmental stewardship. Over the past years, we have worked tirelessly to ensure that we incorporate and embrace the principles of sustainability across our business operations for the benefit of our customers, employees, partners, and investors. This outcome is both an encouragement and motivation for us to persistently improve and do more. ”
Osunsanya reiterated Axxela’s pledge to promote sustainable and environmentally friendly practices, aligning with the UN SDG 9 Agenda on Industry, Innovation, and Infrastructure.
Also commenting, the General Counsel and Company Secretary, Axxela, Tuoyo Ejueyitchie said this recognition is a testament to Axxela’s excellence and continued improvement in the area of sustainability.
He said: “It is a true definition of team effort and general commitment to developing and adhering to processes and procedures that demonstrate our company’s dedication to maintaining world class Sustainability/ ESG standards.”