Unity Bank Plc said it has completed a transformative project to strengthen its environmental, social, and governance (ESG) as well as sustainability framework in partnership with AquaEarth Consulting.
The collaborative project focused on a comprehensive review and enhancement of Unity Bank’s ESG practices, resulting in the development of robust policies, frameworks and a forward-looking sustainability strategy, it stated in a statement.
AquaEarth Consulting is to provide strategic leadership, leveraging its expertise to design bespoke solutions tailored to the bank’s unique needs.
The partnership began with an in-depth analysis of Unity Bank’s existing ESG framework, identifying key areas for improvement. From this foundation, a suite of actionable policies was developed to address critical environmental, social, and governance considerations.
The effort reflects the bank’s commitment to driving meaningful impact and positioning itself as a leader in sustainable finance.
Recognising the importance of staff engagement, Unity Bank organised extensive training sessions for employees at all levels. The programmes equipped staff with the knowledge and tools to seamlessly integrate ESG principles into their daily operations. This comprehensive approach aimed to promote a culture of sustainability across the organisation and strengthen its alignment with global best practices.
A key outcome of the collaboration was the creation of a detailed sustainability strategy, which outlines Unity Bank’s long-term goals, the bank disclosed.
It noted that the roadmap features actionable steps, measurable targets, and key performance indicators (KPIs) that will guide the bank’s efforts to deliver value to stakeholders while contributing to Nigeria’s economic and environmental development.
Commenting on the initiative, CEO of Unity Bank Plc, Tomi Somefun, said: “This milestone is a testament to Unity Bank’s unwavering commitment to responsible banking and sustainability. Our collaboration with AquaEarth Consulting has positioned us to not only meet the growing demand for ESG-aligned practices but also play a leading role in advancing Nigeria’s sustainability agenda. We are proud to take this significant step towards building a greener and more inclusive future.”
