In order to address the growing issues of climate change in the nation and around the world, the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) and the Institute of Capital Market Registrars (ICMR), have said that environmental, social, and governance sustainability in workplaces is required.
The two organizations made this disclosure at the Company Secretaries and Registrars Forum in 2023, which had as its theme “Sustainability and the Global Governance Workplace: The Roles for Corporate Secretaries, Registrars, and Issuers.”
Stakeholders also noted that among other things, secretaries, registrars, and issuers needed to communicate and implement strategies and policies throughout the business and across its value chain, offer global platforms that ensure the seamless exchange of data across borders, and develop initiatives to support the government in its plant a tree campaign at the national level.
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They noted that secretaries, registrars and issuers’ roles in addressing ESG issues surrounding sustainability would go a long way in promoting economic growth.
Speaking at the event, the President ICSAN, Taiwo Owokalade said “We need to situate the functions and responsibilities of the corporate secretaries, registrars and issuers within the emerging trends in global governance workplace, bringing out the utilities and dynamics of this role and functions and then make projections on how to make these not only more efficient and value-adding but also to make them sustainable.
“It is trite that change is only things that are constant and professionals who are resistant or apathetic to changes are risking stagnation and loss of relevance.”
On his part, the President ICMR, Oluseyi Owoturo explained that sustainability is a beyond the issue of conduct saying: “Sustainability is a subject that is at the forefront now as custodians of people’s wealth, if I may put it that way, we have the responsibility in terms of how we conduct ourselves not only in managing that wealth but also in the way we engage our various stakeholders.
Story adapted from Vanguard