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Nigeria’s ESG Report Card: Progress is real, but the silence on just transition is deafening

Nigeria’s largest listed companies have crossed a meaningful threshold.13 of NGX30 firms produce standalone sustainability reports for the year ended December 31, 2024, and eight earn an “Excellent”…

  • 13 Nigerian listed companies issued ESG reports from 2022 to 2024
  • Three gaps identified: no external assurance, weak Scope 3 disclosure, no just-transition planning
  • Mandatory reporting set to begin in 2028 under IFRS S1 and S2 framework

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