Sustainability
Our impact on the environment, economy and society.
ABOUT US
Sustainability
At Custodian Investment Plc., our approach to sustainability goes beyond compliance with regulatory expectations. We are driven by a desire to contribute to, and positively impact the development of our host communities and society at large.
Custodian acknowledges the impact of its operations and activities on the environment, economy, and society. Accordingly, it has structured its practices to ensure they are conducted responsibly, positively, and with a forward-looking approach.
It has therefore organized its affairs in a manner that ensure they are carried out positively and in a forward looking manner, by facing up to its role in the realm of Corporate Social Responsibility and an Agent of Sustainable Business Practices especially at a time the world is facing increasing environmental, social and governance challenges which present diverse, interconnected and complex risks as well as opportunities that must be prudently managed.
Custodian is committed to sustainable development of its environment through proper governance and risk-management methods.
We have consistently been environmentally conscious by promoting energy efficiency, reducing emission and Chlorofluorocarbons (CFCs), favouring electronic and digital storage over hard files among others to the delight of our internal and external stakeholders.
We also encourage companies that utilize organic recycled materials in manufacturing by sourcing from them. It is our ultimate aim to operate in a paper-less environment and so, our members are constantly encouraged to communicate via electronic systems to paper use to the barest minimum; earning us a number of notable mentions in various national and international award circles to the pleasure of customers and shareholders.
Our suppliers are selected in a manner that ensures they are not firms involved or engaging in practices promoting child labour, environmental damage. Perhaps the boldest testament to this is to Custodian Investment Plc’s emergence as the first Nigerian direct underwriter to become a member of the United Nations Environment Programme Finance Initiative (UNEPFI) and a signatory to its Principles for Sustainable Insurance Initiative launched at the Rio+20 UN Summit on Sustainable Development in June 2012.