Africa’s leading financial institution, Access Bank, has emerged winner of the 2019Karlsruhe Sustainable Finance Awards for “Outstanding Business Sustainability Achievement” for the 4th consecutive time. The award was received in recognition of the Bank’s unwavering commitment towards embedding social, environmental and economic sustainability into its core business strategy that helps address issues across its business operations and value chain.
The prestigious award was presented to the Bank’s GMD/CEO, Herbert Wigwe at the award ceremony which took place on July 11th,2019 at the City Hall of Karlsruhe, Germany and was attended by C-level executives, CEOs of leading global financial institutions, top German government officials, policy makers, regulators and key sustainability stakeholders.
The Global Sustainable Finance Awards in Karlsruhe honour financial institutions and related organizations and Presidents/ CEOs with significant contributions to the field of sustainable banking and finance. The awards also aim to promote the growth of sustainable financial instruments and markets worldwide, particularly in the fields of green finance and investments, financial inclusion and social finance, green equity and venture capital as well as the holistic integration of sustainability in financial institutions.
Wigwe stated that “the global finance sector plays a major role in the economy, as they provide huge amounts of capital and have the ability to influence other companies and customers across sectors through their products and services. Many banks are now placing a great deal of emphasis on driving sustainability as well as digitizing core business processes and reassessing organizational structures to be better prepared for the future of banking. This transformation illustrates the increasing desire to become a sustainable anddigital bank.”
“Access Bank has a corporate strategy and philosophy which places sustainability at its core. Together with our commitment to the United Nations Sustainable Development Goals, Access Bank recently launched a five-year tenured, fixed rate green bond worth N15 Billion which is the 1st Climate Bonds Initiative Certified corporate green bond in Africa”, he said.
Access Bank remains committed to setting standards for sustainable business practices, adopting innovative solutions to build a future that is desirable, as it becomes the World’s most respected African bank. The Bank continues to make positive contributions to people and planet, in effect paving the way for its own longevity and continued profitability, making the case for sustainability to businesses everywhere.
Cover Of The Week
- Blitzboks own up to under-par performances in New Zealand (NZ) January 26, 2020
- Blitzboks in troubled waters in Hamilton January 25, 2020
- Nigeria: European Union (EU), UN concerned by increasing attacks against aid workers January 24, 2020
- Hand-Made Satellite!? January 24, 2020
- Secretary-General appoints Mr. Raouf Mazou of the Republic of the Congo as Assistant High Commissioner for Operations, Office of the UN High Commissioner for Refugees January 24, 2020
- Mainstreaming Mental Health and Psychosocial Support in Education sector January 24, 2020
- Return to Care Campaign (RTC) January 24, 2020
- Statement on behalf of independent World Rugby Chairman Sir Bill Beaumont January 24, 2020
- Preparations underway for Africa Climate Week 2020 in Kampala January 24, 2020
- New Cooperation Agreement among East, Horn of Africa States address Overseas Worker Exploitation January 24, 2020
Sports6 months ago
The Final Match Between Senegal Vs Algeria Today
celebrity radar - gossips6 months ago
Breaking News: What T.B. Joshua Told Assistant Coach Imama Amapakabo Before the Game Between Nigeria and Algeria .
celebrity radar - gossips1 month ago
Apostle Omotosho Releases Shocking 57 Prophecies For 2020
news6 months ago
Breaking News: What T.B. Joshua Told Assistant Coach Imama Amapakabo Before the Game Between Nigeria and Algeria