Business News of Friday, 24 January 2025

Source: www.mynigeria.com

Unity Bank, AquaEarth partner to boost ESG, sustainability practices

Unity Bank Unity Bank

The Unity Bank has finished a transformative project to strengthen its Environmental, Social, and Governance (ESG) and sustainability framework in partnership with AquaEarth Consulting.

The project is mainly focused on a comprehensive review and enhancement of Unity Bank’s ESG practices, which would result in the development of robust policies, frameworks, and a forward-looking sustainability strategy.

AquaEarth Consulting, a well-known sustainability advisory firm, gave strategic leadership, leveraging its expertise to design bespoke solutions tailored to the Bank’s unique needs.

The collaboration started 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. This effort reflects the Bank’s commitment to driving meaningful impact and positioning itself as a leader in sustainable finance.

Reacting to the initiative, Mrs. Tomi Somefun, CEO of Unity Bank Plc, stated: “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.”