NiMet, FRC partner to promote sustainability practice by corporate organisations

Nigerian Meteorological Agency (NiMet), and the Financial Reporting Council (FRC) of Nigeria, have agreed to partner in order to improve sustainability practices by corporate organizations in Nigeria.

Speaking during a courtesy visit on the Executive Secretary and Chief Executive Officer of FRC in Abuja, Dr. Rabiu Olowo, on Monday, the Director General, Chief Executive Officer of NiMet, Professor Charles Anosike said; “Climate change is fast becoming a priority for financial regulators.

He said the work they do at NiMet through weather and climate reports are the foundation for sustainability practices.

He said this partnership will enable NiMet and FRC to jointly develop capacity.

While welcoming the NiMet team, Dr. Olowo said; “There are opportunities for alignment between NiMet and FRC in fulfilling the core mandates of the two agencies, especially in the areas of sustainability reporting, climate risks and opportunities.

“Although we are championing sustainability reporting, FRC is also promoting sustainable practices among Nigerian organizations”.

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