Zenith Bank Plc was
presented with a Certificate for Greenhouse Gas Auditing by V4 Advisors after a
successful completion of the Bank’s Greenhouse Gas Audit for the 2018 Financial
Year. The presentation of
the certificate and the report of the Auditors was
done by V4 Advisors at the Zenith Bank Head Office on May 21, 2019.
The Executive
Director, Dr.TemitopeFasoranti, who received the certificate on behalf of the
Bank said the Bank started this effort with the 2016 Financial Year and has
carried out three greenhouse gas audits to date. He explained that the Bank
understands the relationship between greenhouse gas emission and climate change
and appreciates the role it is expected to play towards combating the menace of
climate change.
Also speaking on
the milestone, the Country Manager LynseyElstonhighlighted that Zenith Bank is
the first Nigerian bank to consecutively report the carbon emissions of their
Head Office in Lagos using a certified tool which is built on the
internationally recognized “GHG Protocol”. She commended the bank for proving its
commitment to United Nations Global Compact (UNGC) Goal 13, Climate Action, in
addition to complying with Global Reporting Initiative (GRI) Standards".. In response to her, the Executive Director
said the initiative has significantly helped the bank reduce its overall carbon
footprints and drive energy efficiency.
V4 Advisors is a UAE-based provider of advisory and consulting
solutions on climate change and greenhouse gas emissions. The firm’s
calculation and reporting tool has been reviewed by the World Resources
Institute (WRI) for conformance with the GHG Protocol Corporate Standard.
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