Business of Social and Ethical Accountability

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The Institute of Social and Ethical Accountability The Institute of Social and Ethical Accountability (ISEA) has developed a series of principles-based standards that are intended to provide the basis for improving the sustainability performance of organisations.

These standards (which are called Accountability standards or the AA1000 Series) include standards on sustainability and social reporting. On the GRI website, individual company sustainability reports are noted as complying with the GRI guidelines and the AA1000 series if that is the case. Some sustainability reports are referred to as ‘triple bottom line reporting’ because they report on performance and targets in three major areas: economic (financial), social and environmental.

Sustainability reporting guidelines in Nigeria Nigeria’s 2020 Voluntary National Review (VNR) on Sustainable Development Goals (SDGs) focuses on the key issues of poverty (SDG-1) and an inclusive economy (SDG-8), health and wellbeing (SDG-3), Education (SDG-4), Gender equality (SDG-5), and the enabling environment of peace and security (SDG16), and partnerships (SDG-17).

This focus is based on Nigeria’s current development priorities and the development objectives of President Muhammadu Buhari’s administration.

This VNR is being developed while facing huge challenges from the COVID-19 pandemic testing Nigeria’s public health systems, and of the collapse in oil prices, for an economy still getting 86% of public revenue from oil and gas.
 
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