Businesses must treat sustainability as strategic investment, not a cost - Almona

Chinyere Almona, CEO of the Lagos Chamber of Commerce and Industry, argues that African businesses must view sustainability as a strategic investment rather than a compliance cost. She highlights that climate change poses direct financial risks that can no longer be ignored by the private sector.
Why it matters
As global capital shifts toward ESG-compliant firms, African businesses must adapt to remain competitive and resilient against climate-related economic disruptions.
CHINYERE Almona, CEO of the Lagos Chamber of Commerce and Industry, LCCI, has urged businesses across Africa to treat sustainability as a long-term strategic investment rather than a compliance obligation, as climate change, evolving regulations and shifting investor expectations continue to reshape the global business environment.
The article reports on a business leader's perspective on industry standards and economic strategy without taking a partisan stance.
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