NSIA Gender Equality and Inclusion Policy
Overview
The Nigeria Sovereign Investment Authority (NSIA) Gender Equality and Inclusion Policy, dated April 2023, outlines the Authority's commitment to promoting gender equality and inclusion within its operations and investments. The policy is part of NSIA's ESG framework and aims to reduce gender gaps, eliminate discrimination, and align with international best practices. It covers internal operations, subsidiaries, and investees where NSIA has majority stake, with provisions for limited influence in minority positions. The policy references frameworks such as Nigeria's National Gender Policy, IFC Performance Standards, ILO core labor standards, UN Women's Empowerment Principles, the 2X Challenge, and UN SDG 5. Key commitments include integrating gender considerations into business activities, ensuring equal opportunities, and non-tolerance of gender-based discrimination. Implementation involves transparency, communication, training, and monitoring. The document includes approvals from the Finance & General-Purpose Committee and Full Board in May 2023, with version 1.0 authored by EBS Advisory in April 2023.