The Bank of Industry has unveiled its Sustainable Finance Framework, a strategic plan that underscores its dedication to promoting responsible, inclusive, and environmentally sustainable development nationwide.

The framework is aligned with BoI’s 2025–2027 corporate strategy, which focuses on long-term development impact, environmental responsibility, social inclusion, and the creation of shared value—while tackling both national and global challenges.

Commenting on the launch, BoI Managing Director/Chief Executive, Dr. Olasupo Olusi, described the framework as a major milestone in the bank’s transformation into a fully sustainable development finance institution.

He said, “It reflects our strategic intent to finance enterprises that deliver both economic value and measurable social and environmental benefits.”

The bank’s Divisional Head of Public Relations, Theodora Amechi, stated that the blueprint is also aimed at empowering Nigerian enterprises.

She emphasized that the framework provides a solid foundation for aligning BoI’s financing operations with global sustainability goals and leading Environmental, Social, and Governance standards.

Amechi added that the framework aligns with major global and national sustainability standards, including the United Nations Sustainable Development Goals, the Paris Agreement, the Principles for Responsible Banking, and the Nigerian Sustainable Banking Principles.

The blueprint also incorporates BoI’s internal ESG frameworks, including its Environmental, Social and Governance and Corporate Social Responsibility policies, which guide the bank’s approach to sustainability management.

Central to the framework is the bank’s adoption of a triple-bottom-line model—focused on People, Planet, and Profit—ensuring that its investments deliver financial returns while also driving inclusive growth and positive environmental impact, the statement added.

The framework will also enable the bank to systematically raise Green, Social, and Sustainability Bonds and Loans, in accordance with the latest principles and guidelines of the International Capital Market Association, Loan Market Association, and Loan Syndications and Trading Association.

Amechi said, “Through this framework, BoI aims to support businesses committed to sustainable practices, unlock access to blended and concessional capital, and advance national priorities such as climate resilience, job creation, gender inclusion, and export diversification.

“It will further enable the bank to scale its impact across priority sectors including renewable energy, clean transportation, agro-processing, healthcare, education, and digital infrastructure.”