By Our Correspondents
Copyright independent
AIICO Insurance Plc. is stepping up its commitment to environ-mental responsibility with its Recycling at AIICO Project, an initiative designed to reduce non-biodegradable waste, pro-mote responsible consumption, and create a workplace culture that actively supports sustain-ability.
Launched in the fourth quar-ter of 2024, the project reflects AIICO’s belief that corporate success extends beyond profits, encompassing the duty to safe-guard the planet for future gen-erations.
It aligns with the United Na-tions Sustainable Development Goals (SDGs) 12 (Responsible Consumption and Production) and 13 (Climate Action), rein-forcing AIICO’s mission to con-tribute to a cleaner, safer, and more sustainable environment.
Key objectives of the proj-ect include: Minimising the amount of non-biodegradable waste generated across AIICO’s operations; Encouraging the reuse and recycling of materi-als such as paper and plastics; driving employee engagement in environmental responsibility through education and partici-pation; embedding sustainabili-ty principles into the company’s culture and daily business prac-tices.
After a successful pilot run at AIICO’s Ikeja office, which delivered strong participation and measurable improvements in waste management, the ini-tiative is to be extended to the company’s offices nationwide.
Speaking on the programme, Mrs. Abimbola Shobanjo, Corpo-rate Responsibility and Sustain-ability Manager at AIICO Insur-ance Plc., said: “The Recycling at AIICO Project demonstrates that growth and sustainability can go hand in hand.
“We are intentional about re-ducing our environmental foot-print and showing that business success is not defined by profit alone, but by the positive legacy we leave behind for future gen-erations.”
To achieve its objectives, AII-CO has put robust systems in place to ensure lasting impact. The company has installed clear-ly labelled bins for plastics, pa-per, and general waste across its offices, making it easier for employees to embrace proper waste segregation. Through a strategic partnership with We-cyclers, a leading waste manage-ment company, AIICO ensures that collected materials are ef-ficiently processed and recycled.
In addition, regular sensi-tization campaigns are being conducted to encourage eco-con-scious behaviour among staff, fostering a culture of environ-mental responsibility. Prog-ress is closely monitored, with waste data tracked and reported as part of the company’s ESG disclosures, reflecting AIICO’s commitment to transparency and measurable results.
With this initiative, AIICO In-surance Plc. continues to demon-strate that responsible business practices and environmental stewardship are inseparable, setting a standard for corporate leadership in sustainability.
AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accom-plishment in delivering quality service to its clients. Founded in 1963, AIICO provides life and general insurance, health in-surance, and investment man-agement services to create and protect wealth for individuals.