Rubicola, NGX, ACCA to Organise Sustainability, Climate Risks Disclosures Workshop 

Nume Ekeghe

In a significant move towards enhancing corporate transparency and sustainability in Nigeria, Rubicola Consulting has teamed up with NGX Regulation Limited and the Association of Chartered Certified Accountants (ACCA) to conduct an intensive workshop. “This initiative aligns with Nigeria’s rapid adoption of the IFRS S1 and S2 Standards. The full-day event is tailored for Chief Executives (CEOs), Chief Finance Officers (CFOs), Chief Sustainability Officers (CSOs), Chief Risk Officers (CROs), Directors, and other senior business leaders.

Prominent speakers at the event include Olufemi Shobanjo, Chief Executive Officer of NGX Regulation Ltd; Titi Oshodi, Special Advisor on Climate Change and Circular Economy to the Governor of Lagos State; and Tom Isibor, Market Head of ACCA Nigeria. The workshop will be facilitated by Evelyn Isioye, ACCA Regional Lead, Policy & Insight for India & Africa, and Joseph Owolabi, Founder of Rubicola Consulting, Immediate Past Global President of ACCA, and the organizer of the event,” the organisers said in a statement.

On March 22, 2024, the Financial Reporting Council (FRC) unveiled its comprehensive Roadmap Report for transitioning to these new standards, emphasizing the importance of providing investors with relevant non-financial information related to social, environmental, and governance issues. This initiative aims to complement traditional financial performance metrics and bolster investor confidence.

Commenting on the upcoming workshop, Founder of Rubicola Consulting, Joseph Owolabi stated: “FRC has emphasised the importance of capacity building as part of the ‘Readiness Test Assessment’ and ‘Support for Adopters’ in the Adoption Readiness Working Group (ARWG) Roadmap report. To support the readiness of Nigerian companies, Rubicola is partnering with the Nigerian Exchange (NGX-Regulation) and Association of Chartered Certified Accountants (ACCA) to organize a full-day intensive workshop for senior business leaders.”

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