Indeed, sustainability, for every corporate entity, is anchored on three prongs: the economic, environmental and social, making up the triple bottom line. But a few questions here are apposite to provoke some probe into the nexus between sustainability and banking. Most of the DMBs are yet to put proper sustainability policy in place; the others seem to be striving to write only ‘sustainability reports’ perfunctorily. A number of African banks (including many in Nigeria) have made the ‘Top 1000 Global Banks’ ranking for a number of years. Perhaps now that the attraction of foreign investors seems to rank tops on Nigeria’s economic recovery and development agenda, all hands should be on deck to get our companies on the global sustainability map.

Source: The Guardian January 16, 2018 03:56 UTC