Landmark forum puts CSR at the top of the Nigerian business agenda

CSR in Nigeria

Key stakeholders responsible for the development of CSR practices and sustainability adoption including Government, regulators, businesses and the NGO community, will gather at the CSR West Africa Summit, 8 – 9 October at The Four Points by Sheraton in Lagos.

The meeting is set to create a legacy for CSR in the region as it will be the first of an annual debate focused on how businesses can best create shared value for the West African Community with a focus on education, rural development, employment and healthcare.

Traditionally CSR has been considered a philanthropic function, however businesses are now understanding the huge potential of CSR as a sustainable business model.

A recent survey conducted by Informa, the largest publically owned exhibition and training provider in the world, revealed that 95% of 100 of the largest corporations operating in West Africa consider sustainability performance vital to the overall success of the organisation.  In addition, 95 % agreed that CSR activity has a positive impact on customer acquisition and retention, signaling clear awareness of the added business benefits CSR activity will bring.

The two-day conference has gained support from the Global Reporting Initiative, Global Compact Nigeria and renowned NGO and sustainability indexers CSR-in-Action. The event aimed at giving the local business community the opportunity to share knowledge with sustainability leaders from West Africa and internationally as well as focus on a road map resulting in long-term socio-economic development across the region.

The event is being organised by Afrocet, a Nigerian based event organiser and Informa.  It forms part of the prestigious CSR Summit Series, which now operates across the Middle East and Africa.