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Tag: Financial Reporting Council of Nigeria

  • UN ISAR Honours 2025: Advancing Credible Sustainability Reporting Through Collaboration

    UN ISAR Honours 2025: Advancing Credible Sustainability Reporting Through Collaboration

    The SALI team was proud to participate in the UNCTAD ISAR Conference in Geneva and to support the work of the African Regional Partnership for Sustainability and SDG Reporting (ARP).

    The ARP continues to play a critical role in strengthening how countries across Africa approach integrated reporting. By aligning national efforts and building shared understanding, the partnership is helping institutions move toward sustainability practices that are credible, structured, and fit for their local realities.

    At the ISAR conference, the ARP meeting demonstrated what becomes possible when countries face the same direction. The progress is systematic. The work is deliberate. It is shaping a future where African sustainability and reporting frameworks are grounded in the continent’s priorities rather than external assumptions.

    Supporting Institutions That Build With Intention

    SALI remains committed to supporting this agenda and contributing to the systems that enable institutions to report with confidence.

    We are proud to be associated with Bangladesh Bank (The Central Bank of Bangladesh) and the Financial Reporting Council of Nigeria, both of whom were recognised at the ISAR 42 Honours Awards.

    Bangladesh Bank earned its place among the ISAR 42 Honours recipients through consistent effort and a clear, disciplined approach to sustainability oversight. The institution continues to push for higher standards that resonate beyond national borders. We appreciate the leadership and support of Suborna Barua, PhD, whose work strengthens cooperation and advances global conversations around quality reporting.

    We also celebrate the Financial Reporting Council of Nigeria for standing out on the international stage and winning the UNCTAD-ISAR ‘Leadership in Sustainability Reporting’ Honours. Baa’Șiro (Dr.) Rabiu Olowo and Dr Iheanyi Anyahara, PhD, FCA, FFAR, MNIM, CNA have built momentum that many institutions across the region are still working toward. Their commitment to structured sustainability reporting is raising expectations and strengthening trust in transparent systems. This leadership positions Nigeria firmly in conversations shaping the pace of sustainability reporting across the continent.

    Highlights From ISAR 42 in Geneva

    The 42nd session of the Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (ISAR) brought together global leaders, regulators, practitioners, and academics to advance the conversation on sustainability reporting and assurance.

    Key discussions focused on:

    • Harmonising sustainability reporting requirements and their practical implementation
    • Integrating biodiversity and human capital considerations into sustainability reporting
    • Strengthening collaboration between auditors, data scientists, and sustainability professionals

    These conversations reaffirmed a core belief we hold at SALI: sustainability data must be credible, comparable, and decision-ready if it is to drive real impact.

    Hearing from experts across regions reinforced the importance of coordinated action and shared standards in building trust through transparent reporting.

    Looking Ahead

    ISAR 42 highlighted a shared understanding: progress in sustainability reporting depends on collaboration, clarity, and systems that institutions can trust.

    At SALI, we remain focused on building the technology and partnerships that make this possible. The journey toward stronger sustainability assurance continues, and we are committed to supporting institutions that demonstrate that clear reporting can drive meaningful development.

    Our thanks to the organisers, UN Trade and Development (UNCTAD) and the INTOSAI Development Initiative (IDI), for delivering an impactful and forward-looking event.

  • SALI at the IFRS Sustainability Symposium 2025 in London

    SALI at the IFRS Sustainability Symposium 2025 in London

    On Thursday 30 October 2025, the SALI team joined sustainability and financial reporting leaders from around the world at the IFRS Sustainability Symposium 2025 in London. The event brought together companies, investors, regulators, standard-setters, and advisers for focused conversations on advancing sustainability disclosure standards and practical adoption.

    The Symposium, hosted by the IFRS Foundation, focused on pathways to adoption of sustainability-related financial disclosure standards. It provided an opportunity for organisations to share real-world experiences, engage with new guidance, and explore implementation of the International Sustainability Standards Board (ISSB) Standards. These standards form a global baseline for sustainability reporting, helping companies provide clear, comparable information for investors and stakeholders.

    Strengthening Collaboration and Shared Purpose

    Our CEO and Founder, Dr Eberechi Weli, welcomed distinguished leaders from Nigeria’s sustainability and financial regulatory space. Among those in attendance were Baa’Șiro (Dr.) Rabiu Olowo, CEO of the Financial Reporting Council of Nigeria, Dr Innocent Okwuosa, 59th President of the Institute of Chartered Accountants of Nigeria and Adjunct Associate Professor at Pan-Atlantic University, and Dr Iheanyi Anyahara, former Director at the Financial Reporting Council of Nigeria and CEO of RCRA.

    They joined global delegates including Nicolai Lundy, Chief of Engagement at the IFRS Foundation, and Jonathan Bravo, Director of Regulatory Affairs at the IFRS Foundation, alongside other thought leaders. Their participation highlighted Nigeria’s growing role in global sustainability reporting dialogues and reinforced the importance of regional perspectives in international forums.

    A Forum for Practical Progress

    The IFRS Sustainability Symposium has become a central space for discussion about how sustainability reporting standards are implemented in practice. It is not just about what standards exist but how organisations, regulators, and investors can work with them effectively. Panel sessions and breakout conversations focused on real challenges and opportunities experienced by institutions navigating disclosure requirements.

    Participants heard insights into the practical aspects of applying the ISSB Standards, connecting sustainability disclosures with broader financial reporting, and understanding how clear, comparable information supports better decision-making. These conversations reinforced a truth that SALI champions: sustainability reporting must be credible, useful, and aligned with real organisational needs if it is to drive meaningful progress.

    Positioning African Institutions at the Forefront

    At SALI, we remain committed to strengthening collaboration with the IFRS Foundation and to positioning African regulators and institutions as active contributors to global sustainability reporting practices.

    The participation of leaders from Nigeria and across Africa at the Symposium demonstrated how much work is already underway and how much potential exists when African voices are part of international conversations on transparency and accountability. Their engagement helps ensure that global standards reflect diverse perspectives and that they support meaningful reporting outcomes across markets.

    Engaging with fellow regulators, standard-setters, and global experts underscored the importance of alignment, transparency, and credibility when organisations prepare sustainability information that investors and stakeholders can trust.

    The IFRS Sustainability Symposium is more than an event. It is a platform for sharing experience, shaping practice, and building relationships that help organisations adopt sustainability reporting in ways that are practical and impactful.

    For SALI, being present in London alongside global peers allows us to bring back insights that strengthen the work we do with partners and clients. It gives us confidence that the tools we build, from AI-powered assessments to reporting frameworks, are aligned with where global standards are heading and how organisations need to report with integrity and clarity.

    As sustainability disclosure continues to evolve into a global norm, events like the IFRS Sustainability Symposium play a key role in advancing understanding and collaboration. At SALI, we remain focused on turning those insights into intelligence, helping organisations transform data into decisions and report with confidence.

    We thank all the leaders we met and the IFRS Foundation for convening a meaningful dialogue on the future of sustainability reporting. We look forward to continuing to support institutions that are shaping a transparent, accountable, and sustainable reporting future.