Zenith Bank becomes first to consecutively audit carbon emissions

ZENITH BANK CARBON EMISSION

Zenith Bank Plc has become the first Nigerian bank to consecutively audit the carbon emissions of its head office in Lagos.

The bank was on May 21 presented with a Certificate for Greenhouse Gas Auditing by V4 Advisors after a successful completion of the Bank’s Greenhouse Gas Audit for 2018 financial year.

Executive Director, Temitope Fasoranti, who received the certificate on behalf of the bank, said the bank started this effort with the 2016 financial year and has carried out three greenhouse gas audits to date.

He explained that the bank understands the relationship between greenhouse gas emission and climate change and appreciates the role it is expected to play towards combating the menace of climate change.

Also speaking on the milestone, the country manager, Lynsey Elston, said Zenith Bank is the first Nigerian bank to consecutively report the carbon emissions of their head office in Lagos using a certified tool which is built on internationally recognised ‘GHG Protocol’.

She commended the bank for proving its commitment to United Nations Global Compact (UNGC) Goal 13, Climate Action, in addition to complying with Global Reporting Initiative (GRI) Standards.

In response, Fasoranti said the initiative has significantly helped the bank reduce its overall carbon footprints and drive energy efficiency.