The importance of Environment, Social, and Governance (ESG) sustainability in the workplace has been emphasized by the Institute of Chartered Secretaries and Administrators of Nigeria (ICSAN) and the Institute of Capital Market Registrars (ICMR) as a critical response to the escalating climate change issues. This information was shared by the two organizations during the 2023 Company Secretaries and Registrars Forum, which featured as its topic "Sustainability and the Global Governance Workplace: The Roles for Corporate Secretaries, Registrars and Issuers."
The forum's participants made it clear that corporate secretaries, registrars, and issuers have a crucial role to play in putting ESG sustainability goals and policies in place across the organization and its value chain.
They also urged the organizations to create national-level initiatives to support the government's plant-a-tree campaign, provide global platforms that ensure seamless data exchange across borders, disclose ESG information, set ESG targets, engage with stakeholders, and align incentives to guarantee a sustainable business environment.
The stakeholders believed that the actions taken by secretaries, registrars, and issuers to address sustainability-related ESG concerns would have a major effect on economic growth. The event's keynote speaker, Taiwo Owokalade, President of ICSAN, emphasized the necessity of improving the effectiveness, value-adding, and sustainability of corporate secretaries, registrars, and issuers' responsibilities and activities in order to keep up with new developments in the field of global governance.
Additionally, he advised professionals to welcome changes rather than fight them in order to remain relevant.
In a similar vein, Oluseyi Owoturo, President of ICMR, underlined that sustainability goes beyond matters of behavior, asserting that it is our duty as guardians of people's wealth to manage money and engage stakeholders in a sustainable manner.
In conclusion, corporate secretaries, registrars, and issuers have crucial responsibilities to play in ensuring sustainability, as stressed by the ICSAN and ICMR, in workplaces. These responsibilities include articulating and putting into practice plans and policies, offering international venues, creating campaigns to aid the government, publishing ESG data, defining ESG goals, involving stakeholders, and aligning incentives.
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