Axxela Achieves Gold Status in Sustainability Ranking, Demonstrating Firm’s Environmental Dedication
Axxela, a prominent player in the sub-Saharan African gas and power industry, has attained a remarkable accomplishment in its sustainability endeavors by earning a Gold Medal in the highly esteemed EcoVadis Sustainability Rating for 2024. This recognition reaffirms Axxela’s steadfast dedication to promoting environmental stewardship, advancing social welfare, and maintaining ethical business standards.
EcoVadis, a globally recognized provider of sustainability ratings, bestowed the Gold Medal upon Axxela in acknowledgment of its outstanding performance in environmental, social, and governance (ESG) practices. By ranking within the top 5% of evaluated companies and achieving an impressive 97th percentile, Axxela has demonstrated substantial improvement from its previous silver rating, showcasing the company’s continuous efforts to enhance sustainability initiatives.
Bolaji Osunsanya, CEO of Axxela, expressed pride in the company’s achievement, emphasizing the significance of the Gold Medal as a testament to Axxela’s resolute commitment to environmental stewardship.
Osunsanya underscored that sustainability principles are deeply embedded in Axxela’s operations, benefiting customers, employees, partners, investors, and the broader community and ecosystem.
He further stated that this recognition serves as a catalyst for Axxela to further elevate its sustainability practices and make even more significant contributions to society.
Axxela’s dedication to sustainability aligns with the United Nations Sustainable Development Goal 9: Industry, Innovation, and Infrastructure. Osunsanya reiterated the company’s vision of fostering a cleaner, more sustainable future while driving industrial growth in Nigeria and across West Africa.
Tuoyo Ejueyitchie, General Counsel at Axxela, attributed the company’s success to collective effort and an unwavering commitment to excellence in sustainability. He highlighted that the Gold Medal reflects Axxela’s dedication to continuous improvement and adherence to world-class sustainability and ESG standards.
To celebrate this milestone, EcoVadis will plant a tree on behalf of Axxela through its partnership with One Tree Planted, a non-profit organization dedicated to global reforestation efforts.
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Founded in Nigeria, Axxela is a leading private sector developer of natural gas solutions and captive power generation. Co-owned by Helios Investment Partners and Sojitz Corporation, Axxela plays a crucial role in the West African energy sector by delivering natural gas to customers through an extensive network, thereby contributing to the region’s sustainable development.
Axxela’s attainment of Gold Status in the EcoVadis Sustainability Rating for 2024 underscores the company’s exemplary dedication to environmental sustainability, social responsibility, and ethical business practices. This recognition not only highlights Axxela’s leadership in sustainability within the sub-Saharan African region but also reaffirms its commitment to fostering a cleaner, more sustainable future for generations to come.
