Fri. Nov 22nd, 2024
Dangote Cement Stocks

By Aduragbemi Omiyale

NatureNews has announced Dangote Cement Plc as the winner of the 2023 NatureNews Environmental Sustainability Award at its 3rd anniversary themed Climate Change and Energy Transition in Nigeria.

At the Anniversary Lecture and Presentation of the Hero of Environmental Actions for Development (HEAD) held on Tuesday at the Shehu Musa Yar’Adua Centre, Abuja, the news platform said Dangote Cement was nominated for the category following a thorough screening by eminent professionals.

The Publisher and Editor-in-Chief of NatureNews, Mr Aliyu Akoshile, disclosed that during the screening, it was discovered that the cement maker had deployed cutting-edge technology to mitigate the emission of Green House Gas (GHG), and its impacts on the environment.

According to him, his team learnt that the company’s climate goals extend beyond the reduction of emissions to protecting and regenerating the environment, through land reclamation and tree planting.

“Climate Change remains a present danger to a sustainable environment and a potent threat to life,” he stated.

In his speech, the guest speaker for the event, Mr Lamin Barrow, who is the Director General of the Nigeria Country Office for the African Development Bank Group, said, “Nigeria remains committed to transition to net zero by the year 2060.

“The 30:30:30 principle remains central to the just energy transition. This indicates that Nigeria should achieve 30,000 MW of generated power capacity (From its current level of 13,000 MW) by the year 2030 of which 30% should be from renewable energy.”

In his reaction, the Dangote Group Chief Branding and Communication Officer, Mr Anthony Chiejina, welcomed the award, saying the Dangote Cement Plc had introduced several innovative strategies to reduce the emission of Greenhouse Gases (GHG) in our operations.

“The company’s decarbonisation strategy recorded up to 3 million tonnes in net reduction of C02 emissions in 2022 from the prior year, and the company continues to deploy energy efficiency levers in all plants,” he said.

Mr Chiejina noted that in its efforts to support carbon sequestration last year, the company planted 59,088 trees in our communities, mines and within operational facilities, ensuring that biodiversity is protected. The company conserves water and promotes a circular economy as a way of contributing to a nature-positive future.

The latest award is coming barely a year after Dangote Cement Plc was recognized in Zambia and Senegal, where the company won awards for its CSR and Environmental sustainability projects in the two countries.

The employers’ body in Senegal, the Conseil National du Patronat (CNP) said it honoured the company for its green project in which it planted hundreds of trees to mitigate against desert encroachment in parts of the country.

By Aduragbemi Omiyale

Aduragbemi Omiyale is a journalist with Business Post Nigeria, who has passion for news writing. In her leisure time, she loves to read.

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