Nigeria Pioneers the Adoption of a Global Baseline for Sustainability-Related Disclosures

In collaboration with NGX Regulation Limited, the Financial Reporting Council (FRC), and the International Sustainability Standards Board (ISSB), Nigeria has launched the International Financial Reporting Standards (IFRS) Sustainability Disclosure Standards (SDS).

This client alert, authored by TEMPLARS Partner Yemisi Awonuga and Senior Associate Oyeyemi Aderibigbe, addresses Nigeria’s pioneering role in adopting these globally recognized sustainability-related disclosure standards. It highlights the significant impact of sustainability factors on investment decision-making and addresses the growing demand from ESG-focused investors for comparable sustainability information.