By David Akinmola
AIICO Insurance Plc has reinforced its commitment to environmental sustainability with the rollout of its “Recycling at AIICO” project — an ambitious initiative aimed at reducing non-biodegradable waste, promoting responsible consumption, and embedding eco-conscious practices into the company’s operations.
Introduced in late 2024, the programme reflects AIICO’s belief that corporate success goes beyond profitability to include the obligation to safeguard the planet for future generations. It is aligned with the United Nations Sustainable Development Goals (SDGs) 12 (Responsible Consumption and Production) and 13 (Climate Action), underscoring the insurer’s pledge to contribute to a cleaner and safer environment.
The project seeks to minimise non-biodegradable waste across AIICO’s offices, encourage the reuse and recycling of materials such as paper and plastics, and drive employee participation through education and sensitisation. It also aims to embed sustainability principles into the company’s culture and daily business practices.
Following a successful pilot at AIICO’s Ikeja head office — which recorded strong staff participation and measurable gains in waste management — the programme is now being extended nationwide.
Speaking about the initiative, Mrs. Abimbola Shobanjo, Corporate Responsibility and Sustainability Manager at AIICO Insurance, described it as a natural progression of the company’s values.
“The Recycling at AIICO Project demonstrates that growth and sustainability can go hand in hand,” Shobanjo said. “We are intentional about reducing our environmental footprint and proving that success is not defined by profit alone, but by the legacy we leave for future generations.”
To ensure the project’s long-term impact, AIICO has introduced practical systems across its offices. Clearly labelled bins for plastics, paper, and general waste have been installed to encourage proper segregation, while a partnership with leading waste management firm Wecyclers guarantees efficient collection and recycling. Regular sensitisation drives are also being held to promote eco-friendly habits among employees.
The company is tracking waste data and reporting progress as part of its Environmental, Social, and Governance (ESG) disclosures, demonstrating transparency and a focus on measurable outcomes.
AIICO says the initiative highlights its belief that responsible business practices and environmental stewardship are integral to sustainable growth, setting an example for corporate leadership in Nigeria’s financial services industry.
With over six decades of service in life, general, and health insurance as well as investment management, AIICO continues to build on its legacy of innovation while contributing to a greener future for communities across Nigeria.
