The House of Representatives has embarked on a pioneering endeavor, commencing the formulation of legislative and strategic policies aimed at advancing the implementation and promotion of Corporate Social Responsibility (CSR) initiatives across Nigeria.
During the inaugural meeting of the committee, Mrs. Lilian Orogbu, Chairperson of the House Committee on Corporate Social Responsibility, unveiled the committee’s commitment to establish comprehensive legislative frameworks facilitating CSR practices. Emphasizing the importance of enhancing CSR reporting mechanisms, Mrs. Orogbu underscored the imperative of transparency and accountability in all corporate endeavors.
Acknowledging the pivotal role of CSR in host communities where businesses operate, Mrs. Orogbu expressed the committee’s dedication to forging a more inclusive and sustainable society. The committee aims to achieve this by enacting progressive legislative measures and fostering societal advancement through vigilant oversight and tailored laws that align with current societal needs.
Mrs. Orogbu asserted, “The House Committee on CSR seeks to instill and promote responsible business conduct across our nation. We firmly believe that every company, irrespective of its size or sector, bears the responsibility of contributing to a sustainable future.”
The committee’s primary objective is to cultivate a legislative environment that empowers businesses to integrate CSR seamlessly into their core operations. This will be achieved through active engagement and vigilant oversight, fostering dialogue and cooperation with stakeholders.
Furthermore, Mrs. Orogbu highlighted the committee’s commitment to engaging in dialogue with stakeholders to identify best practices and tailor guidelines that cater to Nigeria’s diverse business landscape, ensuring a collaborative and effective approach to CSR implementation nationwide.
This pioneering legislative step by the House of Representatives underscores its commitment to driving transformative change and fostering a business culture deeply rooted in social responsibility and sustainability.