Axxela earns EcoVadis Gold Medal for Sustainability
Sopuruchi Onwuka
Pioneer private sector developer of natural gas solutions and captive power generation in Nigeria, Axxela Limited (“Axxela”), has achieved a Gold Medal in the 2024 EcoVadis Sustainability Rating.
Corporate Communications Lead, Omolara Shitu, stated in a media release that the company which is also a leading sub-Saharan African gas and power company, attributes the feat it steadfast commitment to sustainability, corporate social responsibility, and ethical business practices.
Axxela Limited is co-owned by Helios Investment Partners LLP and Sojitz Corporation. It is also designated natural gas shipper on the West African Gas Pipeline (WAGP), and a member of the West African Power Pool (WAPP). The company delivers natural gas to about 200 industrial and commercial customers via over 360 kilometers of its natural gas pipeline infrastructure.
He stated that Axxela provides unique energy solutions primarily through its subsidiaries; including Gaslink Nigeria Limited, Gas Network Services Limited, Central Horizon Gas Company Limited, and Transit Gas Nigeria Limited.
Ranked in the top 5% among companies evaluated by EcoVadis over the past twelve months, Axxela achieved an impressive 97 percentile rank, showcasing its dedication to continuous progress in sustainability and ESG practices. This accolade marks a significant advancement from its previous silver medal rating, highlighting the company’s increasing efforts in this domain.
CEO of Axxela, Bolaji Osunsanya, stated: “Achieving a Gold Medal in our 2024 Sustainability Rating from a globally renowned authority on business sustainability ratings, serves as a superior validation of Axxela’s unwavering commitment to environmental stewardship. Over the past years, we have worked tirelessly to ensure that we incorporate and embrace the principles of sustainability across our business operations for the benefit of our customers, employees, partners, and investors. This outcome is both an encouragement and motivation for us to persistently improve and do more.”
He reiterated Axxela’s pledge to promote sustainable and environmentally friendly practices, aligning with the UN SDG 9 Agenda on Industry, Innovation, and Infrastructure.
He stated, “This achievement propels us to redouble our efforts towards a cleaner, more sustainable future while driving industrial growth in Nigeria and across West Africa.”
General Counsel and Company Secretary at Axxela Limited, Tuoyo Ejueyitchie, said that the recognition is a testament to Axxela’s excellence and continued improvement in the area of Sustainability.
“It is a true definition of team effort and general commitment to developing and adhering to processes and procedures that demonstrate our company’s dedication to maintaining world class Sustainability/ESG standards”.
To commemorate this accomplishment, EcoVadis will be planting a tree on behalf of Axxela through its partnership with One Tree Planted, a non-profit organization focused on global reforestation.
