Home Business Seplat Energy bags Energy Times’ Corporate Governance Company of the Year
BusinessNews

Seplat Energy bags Energy Times’ Corporate Governance Company of the Year

Share
Share

By Chioma Obinagwam

Energy Times Newspaper has named Seplat Energy as the Corporate Governance Company for 2023 business year.

Seplat Energy, which is Nigeria’s leading indigenous energy player, was recognised for its effective corporate governance framework and corporate governance standards.

Seplat Energy told Confiance News in a statement on Monday.

Seplat Energy also got recognition for its exponential growth for the period, which had translated into the creation of significant shareholder value and national wealth.

Energy Times is a leading weekly newspaper based in Lagos, Nigeria, focusing on oil, gas, power, maritime and renewable energy reportage.

Speaking at the Energy Times Awards held in Lagos weekend, the Publisher/Editor-In-Chief of the newspaper, Mr. Kayode Ekundayo, said the recognition reflects Seplat Energy’s strong corporate governance structure driven by its Board and effective management. This, he noted, had spurred success and operational excellence for the Seplat Energy brand.

Seplat Energy has continued to drive continuous improvements in its Environment, Social and Governance (ESG) performance, which requires an effective sustainability governance structure and a robust approach.

“The company’s sustainability commitments, actions, and outcomes have remained a reference point over the years. The industry has also testified to the progress in Seplat Energy’s sustainability journey. As stakeholders, these feats are worth the commendations,” Ekundayo said.

Seplat Energy integrates human rights considerations, labour laws, equal opportunity principles, and good ethical conduct, among others in its recruitments, procurements, community relations and relationships with governments. The company also promotes mutual respect as well as a free and fair work environment that encourages freedom and enhances productivity.

The company’s work culture encourages openness, freedom of expression, creativity, high productivity, unbiased appraisal system and a fair reward system.

Respecting human rights, Seplat Energy endorses international agreements and protocols including the United Nations guiding Principles on Business and Human Rights, and the company is committed to respecting the rights of stakeholders in all its operations and business conduct.

Receiving the award on behalf of the company, the General Manager, Partner Relations, Seplat Energy, Mrs. Grace Amadi, commended Energy Times for the recognition given to Seplat Energy.

She lauded the newspaper for its doggedness and commitment to professionalism, whilst reaffirming Seplat Energy’s commitment to living up to the expectations of its stakeholders. According to Amadi, the company will continue to adhere to global best practices with the intent to grow more value and remain the delight of investors.

Other members of the Seplat Energy team in attendance were the Manager Corporate Communications, Seplat Energy, Stanley Opara; and Manager Branding & PR, Ahmed Audu. The award ceremony was attended by other energy industry players, regulators, government agencies, and the media.

Please follow and like us:
Share

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Start your career with NNPC Limited

Start your career with NNPC Limited
Start your career with NNPC Limited

Member

Don't Miss

“How eating iru healed my eyesight.” True life story of a 67-year-old woman

“I used to have a very bad eyesight. Water frequently drips from my eyes and I don’t see things well,” Agatha Okoro (not...

Why Nigeria’s legislator, Senator Abaribe shut down National Assembly

By Chioma Obinagwam A drama ensued at the Nigerian National Assembly Friday, as Senator representing Abia South Senatorial district since 2007, Enyinnaya Abaribe,...

Related Articles

Why Nigeria’s legislator, Senator Abaribe shut down National Assembly

By Chioma Obinagwam A drama ensued at the Nigerian National Assembly Friday,...

How Transcorp Group notched 188% Profit After Tax in FY 2024

By Chioma Obinagwam Nigeria’s leading Conglomerate, Transcorp Corporation PLC, has said that...

IWD: NGX Group, CSCS, SEC others accelerate action for gender equality

By Chioma Obinagwam The Nigerian Exchange Group Plc (NGX Group), Central Securities...