Tackling gender inequality is crucial for sustainable and peaceful development. It strengthens the economy, enhances productivity and developmental outcomes, and builds a stable, resilient society that gives all genders the opportunity to fulfil their potential.
Nigeria Sovereign Investment Authority (“NSIA” or “the Authority”) is committed to promoting equal opportunities for women and men within its operation and that of portfolio and investee companies. NSIA will ensure that subject always to extant Nigerian law, its institutional and governance practices are aligned with international best practices on gender equality and inclusion to provide equal opportunities for women and men for a sustainable future.
NSIA has developed its Gender Equality and Inclusion Policy (GEIP) as part of its overarching ESG framework to reduce gender gaps and promote an all-inclusive business environment that is non-tolerant to any form of gender-based discrimination or harassment. The policy provides a framework for mainstreaming gender considerations into business activities and investments, drawing guidance from the core principles enshrined in relevant national and international frameworks, conventions and standards including Nigeria’s National Gender Policy, the IFC Performance Standards (PS 2), ILO Core labour standards (principle of equality of opportunity and treatment in employment and occupation), United Nations (“UN”) Women/UNGC Women’s Empowerment Principles (WEPs), the G7 Development
Finance Institutions (“DFIs”) 2X Challenge1 and the UN Sustainable Development Goals (“SDG”) 5.