Sunbeth Global Concepts (SGC), Nigeria’s premier agro‑commodities exporter, unveiled its 2025 Sustainability Report, marking the first time a Nigerian agricultural firm—public or private—has chosen to voluntarily implement the International Sustainability Standards Board’s IFRS S1 and IFRS S2 disclosure frameworks. The report, titled Responsible Sourcing, Pioneering Action, chronicles measurable progress in ethical sourcing, community resilience, and traceability over the past year.
The launch followed a pre‑launch event that gathered key stakeholders and partners to underscore the significance of the disclosure and SGC’s broader sustainability agenda. In his remarks, Managing Director Olasunkanmi Owoyemi stressed that responsible sourcing is “not a buzzword for us; it is fundamental to how we operate, manage risk, and create sustainable long‑term value.” He added that adopting IFRS S1 and S2 demonstrates the company’s commitment to meeting global sustainability standards and ensuring Nigerian agriculture can compete at the highest level.
Oyinkansola Owoyemi, SGC’s Sustainability Director, explained that the standards compel the firm to integrate sustainability considerations directly into strategic decision‑making, linking climate and social data to financial performance. “This is about integration, not just disclosure,” she said, noting that responsible business practices are foundational to commercial success in a sector that sits at the intersection of climate risk, community livelihoods, and global supply chains.
During a fireside chat at the pre‑launch event, Sustainability Manager Modupe Ojo highlighted the business case for sustainability, framing it as core to cost management, revenue protection and continued access to critical export markets rather than a compliance exercise.
The report documents several key milestones, including polygon‑mapping of over 140,000 hectares and 30,000 farmers for EUDR‑ready traceability; remediation of 80 child‑labour‑risk cases through its Child Labour Monitoring and Remediation Systems (CLMRS) program after joining the International Cocoa Initiative (ICI); training of more than 6,000 farmers and distribution of 60,000 hybrid cocoa seedlings; and the establishment of a 292.81 tCO₂e baseline for Scope 1 and 2 emissions with a net‑zero‑by‑2050 target.
In 2025, SGC exported over 58,000 metric tonnes of cocoa, reinforcing its position as Nigeria’s leading non‑oil exporter. The full report is available online at www.sunbeth.net.
SGC’s move is expected to set a new benchmark for sustainability reporting in the Nigerian agricultural sector, encouraging other firms to adopt the ISSB standards and demonstrate resilience to investors and financiers.
