FITC ESG conference urges policy shift from sustainability pledges to measurable action
Feature Highlight
At the 2026 FITC Sustainability & ESG Conference in Lagos, regulators, business leaders and development practitioners argued that Africa’s ESG agenda must move from voluntary commitments to policy-backed implementation.
L-R: Ezinwanne Nnoruka, Director, Financial Reporting Council Nigeria; Abimbola Olashore, Council Member, Chartered Institute of Directors (CIoD); Mosunmola Belo-Olusoga, Chairman, MTN Foundation; Chizor Malize, MD/CEO, FITC, Fabian Ajogwu, Chairman, FITC Sustainability & ESG Institute Advisory Board; Ayotola Jagun, Executive Director, Oando Plc; Ije Jidenma, President, Nigeria-<a href="https://absafricatv.com/ghanaian-nationals-urge-icc-action-against-xenophobia-in-south-africa-law/" title="Ghanaian Nationals Urge ICC Action Against Xenophobia in South Africa | Law”>South Africa Chamber of Commerce, at the just concluded FITC Sustainability & ESG Conference 3.0
Africa’s sustainability debate is entering a harder policy phase. At the 2026 FITC Sustainability & ESG Conference in Lagos, speakers said the central task is no longer advocacy, but converting Environmental, Social and Governance (ESG) commitments into enforceable rules, credible disclosure, and investment decisions that support long-term growth.
Convened under the theme, “Building a Sustainable Africa: Integrating Environmental Stewardship, Social Investment, and Strong Governance for a Prosperous Future,” the conference framed sustainability as a development-policy agenda linking climate resilience, responsible finance, institutional accountability and inclusive growth.
The common message was clear: Africa has the resources, enterprise and human capital to build a more resilient economy, but ESG will matter only if it is embedded in public policy, corporate governance and capital allocation.
A policy platform for sustainability
Welcoming participants, Chizor Malize, Managing Director/Chief Executive Officer of FITC and Convener of the conference, described sustainability and ESG as strategic imperatives for resilient institutions, investment attraction and inclusive growth.
She positioned the conference as a platform for shaping Africa’s sustainability agenda as climate risk, social inequality, governance standards and investor expectations reshape global markets. Organisations, she said, must move from declarations to governance systems, operational frameworks and investment choices that can be measured.
“Africa’s future will be determined not by the magnitude of its challenges but by the quality of leadership and the decisions made today,” said Dr Malize.
Professor Fabian Ajogwu, SAN, Chairman of the Advisory Board of the FITC Sustainability & ESG Institute, similarly framed environmental stewardship as both a leadership duty and an economic imperative.
His intervention reinforced a policy point running through the conference – climate action cannot sit outside economic planning. Governments, regulators and companies must integrate sustainability into development strategy and corporate governance if environmental risks are to be managed without slowing growth.
Finance, disclosure and capital access
Representing Philip Ikeazor, Deputy Governor of the Central Bank of Nigeria in charge of Economic Policy, Mike Ononugbo highlighted sustainable finance as a route to a low-carbon, climate-resilient economy.
The discussion underscored the growing importance of green finance, responsible investment frameworks and climate-related funding as African economies seek to close infrastructure gaps and manage transition risks.
Delivering the keynote address, Mosun Belo-Olusoga, Chairman of the MTN Foundation, urged leaders to treat ESG as a driver of competitiveness, trust and inclusive prosperity, not as a reputational add-on.
For regulators, disclosure is becoming the test of readiness. Emomotimi Agama, Director-General of the Securities and Exchange Commission, warned that Nigerian companies that fail to strengthen sustainability reporting risk losing access to global capital.
His warning pointed to a broader market reality, whereby investors increasingly use ESG data to assess risk, governance quality and long-term value. Stronger disclosure may therefore become a competitive advantage for African firms seeking finance.
From commitment to delivery
The flagship Titan Plenary, “From Commitment to Action: Building a Sustainable Africa Through Leadership, Investment and Accountability,” brought together Mosun Belo-Olusoga, Otunba Bimbo Ashiru, Victoria Uwadoka, Professor Chris Ogbechie, Ndidi Okonkwo Nwuneli and Dr Malize, who moderated the session.
The session focused on the leadership choices needed to turn ESG ambition into outcomes, namely aligning incentives, mobilising capital and strengthening accountability across boards, investors and policymakers.
The policy implication was clearly stated and direct. Sustainability must be treated as a governance and performance question, with institutions capable of enforcing rules, protecting stakeholders and ensuring development gains are broadly shared.
Governance as infrastructure
The Governance Plenary placed strong governance at the centre of sustainable development. Led by Bola Tinubu, Country Managing Partner, DLA Piper Africa, and featuring Ije Jidenma, Nosike Agokei and Chimdi Onwudiegwu, with Tinuade Awe moderating, the session examined ethical leadership, board effectiveness, transparency, accountability and regulatory certainty.
Participants argued that these conditions are not soft values but market infrastructure. As a strategic lever for competitiveness, resilience and long-term value creation, they help businesses operate, investors commit capital and citizens build trust in public and private institutions.
Environment, people and the next policy frontier
The Environmental Stewardship Plenary identified renewable energy, climate resilience, green industrialisation and the circular economy as growth opportunities. Speakers called for stronger climate policies and investment in green infrastructure, arguing that industrial expansion must be aligned with natural-resource protection.
The Social Investment Plenary shifted the focus to human capital, with calls for sustained investment in education, healthcare, youth development, financial inclusion, digital transformation and women’s economic empowerment.
Chinwe Ifechigha, Social Performance Manager at TotalEnergies, stressed that stakeholder engagement and shared value creation are essential to trust, community partnerships and sustainable development outcomes.
In her closing remarks, Ayotola Jagun, Executive Director of Oando Plc and Chair of the Conference Planning Committee, thanked speakers, delegates, partners, sponsors and committee members for their contributions to the event.
The conference ended with a shared commitment to advancing environmental stewardship, strategic social investment and strong governance as pillars of Africa’s sustainable future.
FITC also reaffirmed its commitment to providing thought leadership, executive education and strategic platforms that support the continent’s sustainability agenda.
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