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Forte Oil joins United Nations Global Compact corporate responsibility initiative

BusinessDay
2 Min Read

Nigeria’s premier integrated energy solutions provider, Forte Oil Plc, has been listed as a participant of the United Nations Global Compact, the world’s largest corporate social responsibility initiative with over 8,000 companies and 4,000 non-business participants in 135 countries that are committed to the advancement of global Sustainable Development Goals (SDGs).

Forte Oil Plc, as a signatory to the United Nations Global Compact (UNGC) platform aligns its core business activities, advocacy and philanthropy with universal principles on human rights, labour, environment and anti-corruption. The UN Global Compact works to ensure that business activity adds value not only to the bottom-line, but also to people, communities and the planet.

Commenting on Forte Oil Plc listing on the UNGC directory, the Group Chief Executive Officer, Akin Akinfemiwa said, “We are very proud to be part of this global initiative that promotes what our company is very passionate about – Conducting business in the most ethical and transparent manner”. He noted further that “the goals and ideals of the UN Global Impact aligns with the vision of the company to use best governance practices as a tool for not only for profitability but also to be to be a valuable corporate citizen in our immediate environment and the world at large”.

The Company also has a footprint in the upstream oil services sub-sector, where is has established a reputation of efficiency; servicing the upstream sector under trade name- Forte Upstream Services Limited (FUS). It also engages opportunities in the upstream sector to fulfill its aspirations of being present at every point of the energy value chain. Its acquisition of the 414 mw Geregu Power Plant is a demonstration of the company’s strategy to deliver long term returns for its shareholders.

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