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    MarketForces Africa » MarketForces News » Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling
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    Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiSeptember 2, 2021Updated:September 2, 2021No Comments5 Mins Read
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    Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling
    Lafarge Africa
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    Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling

    Lafarge Africa’s sustainability initiative creates 3000 jobs through recycling, the company says in a statement Thursday while noting that through the partnership with the Food and Beverage Recycling Alliance (FBRA); it collects waste such as tyres, plastic bottles, polyethylene and others, which it uses to generate energy at its plants.

    The cement company recently presented its 2020 Sustainability Report to investors and the general public at the Nigeria Stock Exchange.

    It said Lafarge, a member of Holcim, the world’s leader in innovative and sustainable building solutions, is building progress for people and the planet in its Nigeria operations while also delivering profit to its shareholders.

    According to the statement, Lafarge said its approach to sustainability is clearly guided by four pillars namely Climate and Energy, Circular Economy, Environment and Community – with the respective objectives of reduction of CO2 emissions, increased re-use of water derived resources, reduction of freshwater withdrawal and creation of shared value.

    ‘Lafarge in 2020 re-utilised 71,029 tonnes of waste; freshwater withdrawal was 201L/ton and 228L/M3 respectively for cement and ready mix. Lafarge has also played a leading role in recycling waste in Nigeria through its partnership with the Food and Beverage Recycling Alliance (FBRA)’, it added.

    Management said in line with the Lafarge quarry rehabilitation plan, 933 hectares have been rehabilitated, thus achieving 100% of its rehabilitation target in 2020.

    Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling
    Lafarge Africa

    ‘The company, in 2020, replaced 9.6% of its energy consumption with renewable sources of energy. It also reduced carbon dioxide by planting over 7000 tree seedlings’. Lafarge’s commitment to environmental stewardship has rendered immediate benefits to communities, the statement reads.

    Adding that over 3000 Jobs were created through the partnership with the Food and Beverage Recycling Alliance (FBRA); Lafarge collects waste such as tyres, plastic bottles, polyethylene and others, which it uses to generate energy at its plants.

    ‘More people benefited from Lafarge’s investments in CSR activities within its host communities; a total of 250,000 citizens, more than double the number impacted by Lafarge CSR activities in 2019.

    ‘This was a result of the company’s collaboration with the Nigerian government at all levels to curtail the spread of COVID-19 and also reduce its socio-economic impact on communities through the distribution of palliatives. In total, Lafarge invested N1.2 billion in community development initiatives and COVID-19 support’.

    Mr Temi Popoola, CFA, Chief Executive Officer, Nigeria Exchange Limited, speaking at the virtual event, commended the leadership of Lafarge Africa Plc for its leadership in sustainability reporting.

    He said, ‘Lafarge Africa becomes one of the few leading listed companies who have demonstrated their commitment to adopting sustainable business practices and transparency in their approach to environmental, social and governance disclosure’.

    Lafarge has published a Sustainability Report since 2016, the management added.

    Prince Adefioye, the chairman of Lafarge Africa Plc, speaking at the presentation of the facts of the report said; ‘By deploying innovation we are championing how Nigeria builds better. It is holistic and strategically driven to ensure that we are scaling in reach and impact in the economic and environmental spheres.

    Read Also: Dangote Unveils Waste-to-Wealth, Recycling, Tree Planting Initiatives

    ‘In the social sphere, we are also deliberately implementing initiatives that further prepare us for the future such as leveraging technology and improving our diversity indicators.’

    The Director of Communications, Public Affairs & Sustainable Development, Lafarge Africa Plc, Folashade Ambrose-Medebem, who presented the report, explained that for Lafarge, doing good is doing well, the strong focus on sustainability improves relations with investors, government, communities, and other key stakeholders.

    Ambrose-Medebem said ‘We consider sustainability performance a critical business success factor. Accordingly, we are tracking performance from both the local regulatory and international best practice lenses’.

    She explained that to produce the Sustainability Report Lafarge ‘leveraged a rigorous data capturing process fully embedded in the company’s daily operations and in compliance with local requirements.

    Lafarge has adopted the GRI reporting standards, thus putting its use of materials at the heart of sustainability performance management.’ The company also uses the ISAE 3000 standard to validate key indicators while adopting recommendations from the independent management report.

    The chairperson of the Board Risk and Ethics Committee of Lafarge Africa Plc board, Mrs. Adenike Ogunlesi, said initiatives such as the recent purchase of Natural powered gas trucks has greatly improved the company’s ESG profile as it is a significant contribution to the company’s net-zero agenda.

    She also noted that Lafarge has trained and employed more than sixty female drivers, thus consolidating its reputation for promoting gender equality.

    Also, the Country CEO, Khaled El Dokani reiterated the company’s successes and impact in 2020, expressing particular pride in the creation of a N500 million fund ‘to complement government efforts in the fight against COVID-19’ which ameliorated the impact of the pandemic in host communities and beyond.

    El Dokani also noted that Lafarge is investing more in research and development that will enable it to strengthen its commitment to sustainable manufacturing.

    Lafarge’s commitment to Sustainability is anchored on transparency and on maintaining open channels of communication with all stakeholders, including consumers, employees, shareholders, and host communities.

    Lafarge’s Managing Director, Mr El Dokani, also said that 177 employees of the company volunteered 2600 hours in their host communities.

    Lafarge Africa’s Sustainability Initiative Creates 3000 Jobs from Recycling

    Investors Nigerian Stock Exchange
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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