Oredola Adeola

Axxela Limited, a prominent sub-Saharan African gas and power company, has secured a prestigious Gold Medal in the 2024 EcoVadis Sustainability Rating, having attained 97 percentile rank through its dedicated integration of sustainability principles.

This, according to EcoVadis is also credited to the companies unwavering environmental stewardship in its diverse business activities for the betterment of customers, employees, partners, and investors.

Bolaji Osunsanya, CEO of Axxela, confirmed this in a statement obtained by the Advisors Reports.

According to him, Axxela’s exceptional Gold Medal achievement in the 2024 EcoVadis Sustainability Rating follows a rigorous twelve-month evaluation, highlighting their commitment to sustainability and environmental excellence.

Advisors Reports gathered that the top-tier gas and power firm emerged in the top 5% of companies assessed by EcoVadis in the last year, underscoring its unwavering commitment to advancing sustainability and ESG initiatives.

Notably, the company’s transition from a silver to a gold medal rating signifies a substantial leap forward, reflected its escalating endeavors in the sustainability sphere.

Bolaji Osunsanya, CEO of Axxela, in his addition statement on the feat said “Achieving a Gold Medal in our 2024 Sustainability Rating from a globally renowned authority on business sustainability ratings, serves as a superior validation of Axxela’s unwavering commitment to environmental stewardship.

“Over the past years, we have worked tirelessly to ensure that we incorporate and embrace the principles of sustainability across our business operations for the benefit of our customers, employees, partners, and investors.

“This outcome is both an encouragement and motivation for us to persistently improve and do more,” the Axxela’s CEO said.

Osunsanya therefore reiterated Axxela’s pledge to promote sustainable and environmentally friendly practices, aligning with the UN SDG 9 Agenda on Industry, Innovation, and Infrastructure.

He stated, “This achievement propels us to redouble our efforts towards a cleaner, more sustainable future while driving industrial growth in Nigeria and across West Africa.”

Tuoyo Ejueyitchie, General Counsel and Company Secretary, Axxela, said, this recognition is a testament to Axxela’s excellence and continued improvement in the area of Sustainability.

“It is a true definition of team effort and general commitment to developing and adhering to processes and procedures that demonstrate our company’s dedication to maintaining world class Sustainability/ESG standards”.

Advisors Reports further gathered that EcoVadis will be planting a tree on behalf of Axxela through its partnership with One Tree Planted, a non-profit organisation focused on global reforestation, as part of measures to commemorate this accomplishment.

Axxela Limited (“Axxela”) is the pioneer private sector developer of natural gas solutions and captive power generation in Nigeria; a company co-owned by Helios Investment Partners LLP and Sojitz Corporation.

Axxela is a designated natural gas shipper on the West African Gas Pipeline (WAGP), and a member of the West African Power Pool (WAPP), delivering natural gas to about 200 industrial and commercial customers via a vast network of natural gas infrastructure.

With over 360km in natural gas pipeline infrastructure built, Axxela provides unique energy solutions primarily through its subsidiaries: Gaslink Nigeria Limited, Gas Network Services Limited, Central Horizon Gas Company Limited, and Transit Gas Nigeria Limited.