NGX Group Launches Baseline Assessments for N-Zero Climate Initiative

Nigerian Exchange Group (NGX Group) has begun corporate baseline assessments under its N-Zero initiative, a program launched in January 2026 with DEG Impulse gGmbH and Africa Foresight Group to help businesses move from climate ambition to credible net-zero action. The assessments evaluate each company’s starting point in climate-risk management, emissions measurement, target-setting, transition planning, technical skills and carbon-market awareness, identifying priority gaps for tailored support. Since launch, over 50 companies across key sectors have been engaged, with 17 formally onboarded as community members including Access Holdings, Dangote Cement, UBA, Stanbic IBTC, First HoldCo, Fidelity Bank, Zenith Bank, Wema Bank, NEM Insurance, Chapel Hill Denham, BUA Cement, Caverton Offshore, Presco, Oando, HBM Nigeria, Seplat Energy and Skyway Aviation. The baseline phase and initial needs assessments are set to conclude in September 2026, followed by partner-led sessions and tailored support packages in October and November. NGX Group aims to assist participants in developing science-aligned targets, assessing emissions-reduction potential, facilitating eligible carbon-offsetting projects and tracking progress toward avoiding roughly 20,000 tonnes of CO₂-equivalent emissions. Temi Popoola, GMD/CEO of NGX Group, said the initiative helps firms understand where they stand, identify critical gaps and build practical pathways toward long-term value in a net-zero economy. Nigerian businesses seeking to strengthen competitiveness, investor confidence and access to climate-aligned capital should consider joining the N-Zero community or reviewing the baseline survey details available via NGX Group’s official channels.

SOURCE: https://nairametrics.com/2026/09/04/ngx-n-zero-begins-corporate-climate-baseline-assessments/