PwC and Lagos Business School Unite to Elevate Corporate Sustainability in Nigeria
In a significant move to bolster corporate sustainability efforts, PwC Nigeria and Lagos Business School (LBS) have officially entered into a Memorandum of Understanding (MoU). This strategic partnership is designed to deliver comprehensive capacity-building programs focused on sustainability and climate change for professionals, senior executives, and board members across various Nigerian organizations.
Strengthening Sustainability Capabilities Through Collaboration
The collaboration, which was announced in Lagos, aims to merge PwC's extensive advisory experience with LBS's renowned executive education expertise. By combining these strengths, the initiative seeks to enhance sustainability capabilities within organizations, with program delivery scheduled to commence in 2026. The training will be accessible to participants from diverse sectors, ensuring broad impact.
Uloma Ojinmah, Partner and Business School Leader at PwC Nigeria, emphasized that this partnership is crafted to assist organizations in embedding sustainability into core business functions. These include strategy development, capital allocation, risk management, and operational processes. She highlighted that the initiative leverages PwC's cross-sector advisory insights and LBS's academic rigor to equip leaders with the tools needed to build resilience and foster long-term enterprise value.
Addressing ESG Challenges for Long-Term Growth
Marilyn Obaisa-Osula, Partner in ESG, Sustainability and Climate Change at PwC Nigeria, pointed out that an organization's ability to sustain growth and create value for stakeholders increasingly hinges on effective management of environmental, social, and governance (ESG) issues. She noted that organizations that cultivate sustainability skills among employees, executives, and board members are better positioned to anticipate risks, comply with regulatory demands, and gain a competitive edge in the market.
This partnership brings together the PwC Sustainability Academy and the LBS Sustainability Centre to develop capacity at multiple organizational levels, including employees, technical specialists, executives, and boards. PwC will contribute industry-led advisory insights and practical experience, while LBS will provide academic research, curriculum design, and executive learning tailored to African business contexts.
Responding to Stakeholder Expectations and Closing Capability Gaps
The partners underscored that rising expectations from investors, regulators, and other stakeholders are compelling organizations to demonstrate credible sustainability performance, transparent disclosures, and effective climate risk management. They warned that gaps in sustainability capability could hinder the integration of sustainability priorities into strategic planning and measurable outcomes.
Oreva Atanya, Director of the LBS Sustainability Centre, stated that this initiative aligns with the institution's mission to develop responsible leaders capable of integrating sustainability into governance, strategy, and performance management. She added that the collaboration will bridge academic depth with practical experience, helping organizations build sustainability capabilities that are credible, policy-relevant, and aligned with national development goals.
Both organizations confirmed that the programs will focus on practical understanding of climate risk, sustainability strategy, and evolving regulatory expectations. The ultimate goal is to embed these elements into governance systems, performance management frameworks, and institutional processes, driving meaningful change across Nigerian businesses.
