Abstract
This article examines the evolution and development of environmental, social and governance (ESG) in Nigeria. In Nigeria, there is no unitary legal framework that articulates all ESG obligations that companies are required to comply with, and this is not unusual given the breadth of the ESG pillars. However, the article outlines the multilayered regulation and the multistakeholder approaches within the emerging framework. It highlights that the private sector has been identified as a significant driver of ESG but also suggests that some improvements in ESG reporting frameworks and more robust legal frameworks to discourage greenwashing would enhance ESG practice. It suggests that Nigeria must shift from isolated successes to a systemic framework to fully realize the potential of ESG practice.
Original language | English |
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Pages (from-to) | 805-830 |
Journal | Amicus Curiae |
Volume | 6 |
Issue number | 3 |
DOIs | |
Publication status | Published - 1 Jul 2025 |
Keywords
- Nigeria
- Corporate governance
- business
- Social responsibility
- Accountability
- Environment
- Corporate social responsibility (CSR)