Before investing in an ESG project, critically evaluating whether it addresses a genuine and pressing environmental or social challenge is crucial. Here’s how MNCs can delve deeper into this question: 1. Conduct a thorough needs assessment: Go beyond company assumptions: Don’t solely rely on internal data or reports. Instead, conduct in-depth researchRead More →
The conversation surrounding Environmental, Social, and Governance (ESG) responsibility in Africa often focuses on holding both local and international actors accountable. While this is crucial, we must also shift the narrative towards celebrating positive contributions and showcasing impactful ESG projects implemented by multinationals operating within the continent. This shift servesRead More →
Africa is increasingly becoming a focal point for global investment and development. With this growth comes a heightened focus on Environmental, Social, and Governance (ESG) responsibility, particularly for Multinational Corporations (MNCs) operating within its borders. This article delves into the opportunities and challenges shaping the future of ESG in AfricaRead More →
In today’s increasingly conscious world, Environmental, Social, and Governance (ESG) responsibility is no longer optional for Multinational Corporations (MNCs) operating in Africa. Stakeholders, from investors to communities, demand transparency and accountability regarding a company’s impact on the continent. But how do you effectively measure and report your ESG initiatives? ThisRead More →
Multinationals flock to Africa, drawn by fertile markets, untapped resources, and a growing workforce. They bring much-needed jobs, infrastructure investment, and tax revenue, often hailed as saviors by cash-strapped governments. However, this rosy picture overlooks a crucial question: are we letting multinationals off easy when it comes to their Environmental, Social, and Governance (ESG) responsibilities in exchange for these supposed “perks”?
#KENCTAD20thConference #MNC #MNCsInAfrica #ESG #ESGResponsibility Read More →
The conversation surrounding Environmental, Social, and Governance (ESG) issues has transitioned from a niche concern to a mainstream expectation of businesses worldwide. While this shift is positive, a significant gap remains between mere expectations and holding companies, particularly multinationals, accountable for their ESG performance. This article delves into this crucialRead More →
Africa, a continent brimming with natural resources and diverse ecosystems, has long borne the brunt of environmental damage caused by international corporations. While conversations often focus on African nations’ responsibility towards environmental sustainability, it’s crucial to shift the gaze towards the significant role played by international multinationals operating within itsRead More →
While conversations surrounding Environmental, Social, and Governance (ESG) in Africa often focus on the continent’s internal needs and responsibilities, it’s crucial to shift the spotlight towards international multinationals operating within its borders. Read More →
Consumers are increasingly demanding that companies also operate responsibly and sustainably. This means considering the environmental and social impact of their operations, and actively working to minimize their negative effects. But what some businesses may not realize is that sustainability isn’t just about doing the right thing – it can also be good for the bottom line.Read More →
Kenyan women in local communities were recently celebrated as part of the third edition of women empowerment program by BIC in East Africa, Mama ni Mwangaza. From the 6,000 women who engaged in Nyeri and Nakuru, four chamas won monetary prizes to be used to support their local community projects.Read More →
