UNDP calls for deeper ESG integration across all sectors

Fungai Lupande

Mashonaland Central Bureau

UNITED Nations Development Programme (UNDP) Resident Representative, Dr Ayodele Odusola, has applauded Zimbabwe for integrating Sustainable Development Goals (SDGs) into Vision 2030 and the National Development Strategy 1 (NDS1).

Speaking at the 9th Zimbabwe National Annual Environmental, Social, and Governance (ESG) and Responsible Business Achievement Awards in Harare, Dr Odusola also highlighted the significance of Statutory Instrument 134 of 2019, which compels listed companies to report on ESG issues.

However, he stressed that for the country to achieve meaningful transformation, ESG standards must extend beyond large corporates.

“In an economy dominated by MSMEs, the ESG agenda must reach small businesses, including those in the informal sector,” he said.

“We must also leverage emerging technologies such as artificial intelligence to accelerate progress.”

Dr Odusola emphasised that ESG should also apply to internal business practices, including governance structures, workplace equity, and staff welfare.

Public institutions and non-profit organisations, he added, should equally adopt ESG principles.

Canterbury Mine, a gold mining company in Shamva, was among the companies honoured with the Sustainability Champion Award.

Company secretary Mr Samuel Rusike said the recognition reflects their commitment to responsible business practices and environmental stewardship throughout the year.

Speaking after receiving the award, Mr Rusike said businesses can be profitable while protecting the planet.

“I want to urge all corporates that profitability and sustainability are mutually inclusive. It is possible to make a profit while ensuring the planet remains a safe place for everyone,” he said.

He added that Canterbury’s vision is built on safeguarding natural resources while benefiting from them responsibly.

“As we gain and make profit from the environment, we must also make sure we leave it safe for the next generations,” he said.

Asked what sets Canterbury apart from companies accused of doing “window dressing” in their corporate social responsibility (CSR) initiatives, the official said national development priorities guide Canterbury’s approach.

“Canterbury’s CSR feeds into the vision of the Government of Zimbabwe,” he explained.

“Vision 2030 aligns with the UN’s development agenda, so our work supports these goals. It’s not difficult to implement CSR because we interpret and act on what the government aims to achieve.”

He said the company is already gearing up for the National Tree Planting Day on December 1, following President Mnangagwa’s call for nationwide participation.

“The President has set the tone for National Tree Planting Day, so we position ourselves to respond to that call. We prepare for December 1 in line with the national agenda,” he said.

 

 

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