The bank, which serves all of Anglophone West Africa, is an important addition to UNEP FI's efforts to “identify, promote, and realise the adoption of best environmental and sustainability practice at all levels of financial institution operations.”
14 March 2012: Guaranty Trust Bank, Nigeria’s largest bank by market capitalization and whose activities span the whole of Anglophone West Africa, has joined the UNEP Finance Initiative (UNEP FI).
Commenting on the Initiative’s newest member, Yuki Yasui, UNEP FI’s officer-in-charge, noted that “Nigeria’s sustainable scene is becoming more vibrant every day, as recently evidenced by our report Financing Renewable Energy in sub-Saharan Africa. The membership of leading institutions such as Guaranty Trust Bank is key to this trend.”
UNEP FI is a global partnership between UNEP and the global financial sector. UNEP FI’s mission is to “identify, promote, and realise the adoption of best environmental and sustainability practice at all levels of financial institution operations.” It works with over 200 financial institutions, which are signatories to the UNEP FI Statements, as well as many partner organizations to “develop and and promote linkages between sustainability and financial performance.” [UNEP FI Announcement]