African society, like its counterparts across the world, is becoming increasingly informed, knowledgeable and therefore more risk averse. As a result, Africans are increasingly demanding higher standards of sustainability societal consciousness and environmental preservation from organisations, such as AFC, that fund, facilitate and deliver infrastructure development solutions. Investors are also becoming more concerned with the social and environmental impact of their investments. Governments are now arguably more likely to be held to account for their actions, with pressure increasing for national green agendas, from initiatives such as the United Nations Framework Convention on Climate Change (UNFCCC) Paris Agreement.
AFC recognises that the performance of businesses will increasingly be judged on external factors, such as progress towards the attainment of Sustainable Development Goals. AFC is fully committed to ensuring that sustainability is an integral part of its decision-making, its operations, the projects to which it provides support and all its activities throughout the Corporation. We view sustainability as an integral part of our responsibility to clients, shareholders, communities and the environment in which we operate.
“Our goals at AFC are centred around providing financing solutions for infrastructure that can stand the test of time and sustainability. To achieve this, we continually strive to ensure that we identify and reduce environmental and social risks associated with our transactions. We believe it’s the only way to achieve true sustainability.”