CSR: NSE supports 300 IDPs children’s education; fights cancer with N29m

Management of the Nigerian Stock Exchange has disclosed that it supported provision of quality education for 300 internally displaced persons (IDPs) children and raised a sum of N28.5 million to combat cancer in 2018.

These are part of the its corporate social responsibility (CSR) programmes in year 2018, which are contained in its 2018 Sustainability Report titled, “Growth, Innovation and Value Creation”.

According to the report which is the fifth edition, the Exchange, in line with its sustainability mandate collaborated with the Ministry of Finance, Nigeria to launch N10.69 billion Federal Government Green Bond.

Other highlights of the report are that the NSE retained ISO 27001 certification; leveraged artificial intelligence( X-Bot) to increase access to market information, recorded zero incidents of corruption and upsacled waste management and recycling to support circular economy through partnership with Recyclepoints.

According to the report, “the NSE sustained the provision of quality education to 300 internally displaced children at the Maisandari Alamderi School donated by the Exchange; it impacted 42,480 students on financial literacy and raised N28.5million towards the fight against cancer.

Commenting on the report, the Head of Corporate Communications, NSE, Olumide Orojimi, said that, “We hold ourselves accountable to the highest standards, leading the quest for the integration of the Environmental, Social and Governance (ESG) imperatives in the Nigerian capital market.

He reiterated that for the Exchange, it is important to lead by demonstrating full disclosures while exploring innovative ways to help the ecosystem apply sustainable practices to advance their strategic agenda towards the attainment of the Sustainable Development Goals (SDGs).

He said, “This report spotlights the milestones we have achieved in imbibing sustainability into every unit of our business, fostering green financing, empowering our employees and positively impacting our community and environment.

“It also touches on key initiatives undertaken in the reporting year all in a bid to remain a good corporate citizen.”