NSE Emerges CSR Company of the Year

By Modupe Gbadeyanka

​The Nigerian Stock Exchange (NSE) has won the ‘CSR Company of the Year’ award at the Commerce & Industry Awards 2017 organised by Lagos Chamber of Commerce and Industry (LCCI) on Saturday, July 29, 2017 at the Oriental Hotel, Victoria Island, Lagos.

The NSE was recognised for its progress in providing a world class capital market with the implementation of innovations required to deliver a robust and efficient capital market.

It was also commended for its role in delivering impactful Corporate Social Responsibility (CSR) to internal and external stakeholders through its numerous initiatives like the NSE Essay Competition, Employee Volunteering Scheme, Employee Give-Back Initiative and NSE Corporate Challenge.

Ms Pai Gamde, Acting Head, Corporate Services Division of the NSE, while receiving the award, remarked that “we are honoured and humbled to be recognised by the LCCI as the CSR Company of the Year.

“This award is a testament to the innovations we have undertaken to encourage and promote sustainability in the capital market.”

In the last few years, NSE has implemented far-reaching transformational policies aimed at strengthening the corporate governance of listed companies, providing products that are aligned to investors’ requirements, improving market access, ensuring a fair and orderly market, whilst delivering a comprehensive set of value added services to listed firms and giving back to the society through impactful Corporate Social Responsibility (CSR).

Mr Olumide Orojimi, Head, Corporate Communications, NSE​, added that, “We have made giant strides in striving to see that sustainability is a way of life in the Nigerian capital market.

“Our sustainability strategy is hinged on four pillars; Community, Marketplace, Workplace and Environment and we currently have the NSE Disclosure Guidelines in the works which will be unveiled later this year.”

Commenting, Director General of LCCI, Mr Muda Yusuf, explained that “the objective of the annual awards is to recognize, celebrate and promote private and public institutions who have exhibited the core values of best business practices, growth through innovations, business sustainability and have positively impacted the society.”