• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
No Result
View All Result
Nairametrics
No Result
View All Result
Home Business News

PAC Holdings is set for green financing

Alfred AkukibyAlfred Akuki
4 years ago
in Business News, Company News
PAC Holdings
Share on FacebookShare on TwitterShare on Linkedin

To ensure sustainable environmental projects, PanAfrican Capital Holdings (PAC Holdings) has taken a bold step on the campaign towards green finance.

[READ ALSO: SAHCOL sets record after listing on Nigerian Stock Exchange]

Green finance refers to any financial instrument or investment issued under contract to a firm, facility, person, project or agency, public or private, in exchange for the delivery of positive environmental externalities that are real, verified and additional to business.

PAC Holdings
L-R: Managing Director, PAC Capital Limited, Mr. Eric Okoruwa; Chairman, PanAfrican Capital Holdings, Mr, Dolapo Atekoja; Managing Director/CEO, Truebond Global & Investment Limited, Mrs. Lola Oshiafi, Deputy Governor, Lagos State, Dr. Obafemi Hamzat and Chief Executive Officer, PanAfrican Capital Holdings, Mr. Chris Oshiafi, at the PAC Holdings Forum 2019, themed The Earth, Our Business and Our Future, in Lagos, yesterday.

Mr Dolapo Atekoja, Chairman of PAC Holdings, while speaking during the PAC Holdings 2019 Green Finance and Environment Forum themed, ” The Earth, Our Business and the Future” held in Lagos, explained that fundamentals to driving sustainable environment informed the choice to allocation financial resources towards such projects.

He said, “As you may know, Green finance is aimed at increasing the level of financial flows (from banking, insurance and investments) from the public, private and not-for-profit sectors to sustainable environmental projects.

“As a company, we are strongly convinced that issues of climate change and environmental sustainability should be on the front burner. That is why we have always been a leading voice, both internationally and locally in promoting this very subject; so we are particularly glad that you are here to lend your voice today because the issues of enhancing the environment is one of collaboration rather than isolation.”

On his own part, the Chief Executive Officer, Chris Oshiafi, said the objectives of the forum is to emphasize the need to consider both financial gains and environmental benefits in the chase to take up opportunities.

“We think that as part of the responsibility to where we do business, we should all work towards protecting the earth, protecting our businesses and people who live in the environment.

“So, we thought this will become a dialogue on how important protection of the earth is and how important climate change and how seriously we should take the issue of climate change to deal with potential dangers ahead of us.” – Oshiafi

Deputy Governor of Lagos State, Dr Obafemi Hamzat – who represented  Governor Babajide Sanwo-Olu – thanked the company for looking beyond their primary interests.

He said, “It is a momentous opportunity for us to share ideas and proffer solutions to the menace of environmental degradation and denudation that is largely driven by our consumerist tendencies.

“The challenges we face today is about developing new business models that are environmentally friendly; yet profitable. It calls for an appraisal of the production chain and process, identifying those aspects that are harmful to the environment, and developing appropriate innovative technological solutions that can effectively address these challenges towards achieving our environmental goal of sustaining the earth while also ensuring that the vulnerable population are spared the agonies and pains of global warming.”

Dr. Hamzat also took the opportunity to launch the PAC Foundation, the Corporate Social Responsibility (CSR) arm of PanAfrican Capital Holdings Limited. He encouraged other private companies to borrow a leaf from PAC Holdings in adopting actions towards the sustainability of Lagos.

PAC Holdings is a proprietary investment company with special focus on key sectors across emerging and frontier markets in Africa.

Related

Tags: Green FinancePAC Holdings

Leave a Reply Cancel reply

hfm
UBA
Mega Millions
Mega Millions
fidelity banner
HFM
webinar







NM newsletters

Business News | Stock Market | Money Market | Cryptos | Financial Literacy | SME |

Recent News

  • Buhari says Nigeria’s stock of infrastructure to GDP doubled to over 40%
  • MTN gains as SWOOTs capitalization closes at N18.835 trillion
  • Nigeria’s active internet connections increased by 2.7 million in Q1 2023

Follow us on social media:

Recent News

Buhari to commission the Second Niger Bridge, 6 other major projects today

Buhari says Nigeria’s stock of infrastructure to GDP doubled to over 40%

May 28, 2023
MTN gains as SWOOTs capitalization close at N18.835 trillion.

MTN gains as SWOOTs capitalization closes at N18.835 trillion

May 28, 2023
  • Download Nairametrics iOS App
  • Download Nairametrics Android App
  • Home
  • Exclusives
  • Markets
  • Industries
  • Economy
  • Business News
  • Financial Literacy
  • Opinions

© 2023 Nairametrics

No Result
View All Result
  • Home
  • Exclusives
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Dividends
      • Stock Market
    • Fixed Income
    • Market Views
    • Securities
  • Industries
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Tech News
  • Economy
    • Nairalytics
    • Macro-Economic News
    • Research Analysis
    • Budget
    • Public Debt
  • Business News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Op-Eds
  • Login
  • Sign Up
  • Cart

© 2023 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In