The Global Reporting Initiative (GRI), the provider of the world’s most widely used sustainability reporting standards, has announced the appointment of Bola Adeeko as one of its new four Board Directors.
The announcement was made by GRI on Tuesday, 17 November 2020. The appointment of the four new board appointees will take effect from January 2021. Appointments to the Board are on a voluntary basis and members serve a term of three years. The membership is refreshed on a regular basis with a global public call for applications.
Mr. Bola Adeeko is the Divisional Head, Shared Services at the Nigerian Stock Exchange (NSE or The Exchange).
What they are saying
Speaking on the election of Bola Adeeko into GRI, the CEO of NSE, Oscar N. Onyema, said, “Bola’s election is very timely as the need to deepen sustainability reporting in Nigeria and across the African continent becomes more pertinent during the decade of action. I am very pleased that he would be extending his professional competence to ensure that reporting on impact becomes common practice by many organizations around the world.”
Commenting on this development, Mr. Adeeko asserted that, “I am honored to be appointed to the Board of the GRI, which remains the ‘gold standard’ in sustainability reporting. The GRI has been an invaluable partner in advancing corporate responsibility in Africa, consistently deepening its engagement with stakeholders. I look forward to joining the returning board members and management team to build on successes recorded to date and promote sustainable business practices to deliver positive change.”
Why this matters
Mr. Adeeko’s appointment comes at a time when corporate sustainability is high on the global agenda – reinforced by the impact of the pandemic and the need to quicken progress on the Sustainable Development Goals – all of which emphasizes GRI’s leadership role as an enabler for transparency and accountability.
What you should know
GRI is the independent, international organization that helps businesses and other organizations take responsibility for their impacts, by providing them with the global common language to report those impacts.
Mr. Adeeko currently heads the Shared Services Division of The Nigerian Stock Exchange (NSE), where he is responsible for shaping the technology agenda and driving innovation.