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Our Commitment to Sustainable Business Practices

Overview

At Norrenberger, we integrate the three strategic building blocks of Environmental, Social, and Governance (ESG) best practices into our operations, decision-making process, and the financial solutions we provide to customers.

This requires measuring and reporting on relevant metrics and aligning our ESG goals with the overall business strategy. Our ESG practice is designed to contribute to the long-term sustainable growth of our business.

We uphold the principle of the triple bottom line – People, Planet and Profit. Our focus spans profit to social and environmental issues. Making positive impact is our long-term vision and goal to our communities and stakeholders.

Mission & Purpose

The mission of our ESG framework is to assess our ESG performance and identify opportunities for improvement. The purpose is to promote sustainability and responsible business practices.

Mission:

We are a Group whose purpose transcends profits. We care for our people and society.

Purpose:

To create pathways for a sustainable future for our business.

ESG Sustainability Principle

Our ESG framework aligns with the global standards for sustainability impacts including those of the Global Reporting Institute (GRI). Also, our responsible business practice and sustainability principles align with the global standards of the International Sustainability Standards Board (ISSB S1 and ISSB S2), which the Financial Reporting Council of Nigeria (FRCN) has adopted as IFRS S1 and IFRS S2 as they reflect a global baseline for reporting.

Environmental Framework

  • Energy Efficiency
  • Renewable Energy
  • Reducing Carbon Footprints
  • Effective Water Management
  • Optimal Waste Management
  • Fleet Management/Carpooling
  • Compliance with government environmental regulations
  • Collaboration and Advocacy
  • Environmental Education and Awareness.
  • Sustainable Supply Chain Management

Social Framework

  • Equal Opportunity.
  • Diversity, Equity and Inclusion.
  • Healthcare/ Wellness Initiatives
  • Educational Programmes
  • Norrenberger Entrepreneurship Fund
  • Work-Life Harmony (Balance)
  • Social Welfare Programmes

Governance Framework

  • Leadership Control and Decision Making
  • Board Structure
  • Board Oversight
  • Executive Compensation
  • Shareholders’ Rights
  • Internal Controls
  • Fraud & Anti-Money Laundering

Why Invest Sustainably?

1

Job creation in renewables

2

Eco-friendly urban planning

3

Lower carbon emissions

4

Increased foreign investment

5

Economic Diversification

6

Sustainable Waste Management

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