Nigeria’s largest diversified conglomerate, Transnational Corporation (Transcorp) has just launched a waste management and recycling project which it called “Corporate Social Responsibility (CSR) project”.
The initiative which was launched on Wednesday, September 20, in Lagos State, is focused on secondary schools across the country is aimed at enhancing a greener and cleaner environment through sensitization of proper waste management and recycling. This is solely because the younger generations are the leaders of tomorrow.
Staff and stakeholders from all the Transcorp Companies in Nigeria; Transcorp Plc, Transcorp Hotels Plc, Transcorp Power Limited, Transafam Power Limited, and Transcorp Energy Limited enthusiastically participated in the CSR project. At the launching, Transcorp visited two schools each in different states across the country. Students and Teachers were properly sensitized on the ‘importance of responsible waste disposal and the advantages of recycling.’ To facilitate the teachings, Transcorp donated dustbins to each school visited. The dustbins were segmented to enable the students and staff to segregate different types of waste effectively, Transcorp said the proceeds from the recycling would be used to train out-of-school children.
Speaking at the project launch, President/GCEO of Transcorp Group, Dr. Owen Omogiafo OON expressed immense pride in the Group’s commitment to environmental stewardship. She stated,
“At Transcorp, being the Africapalists that we are, we firmly believe that sustainable development is a shared responsibility. Actively engaging with local schools and investing in educational initiatives, allows us to create a lasting positive impact on our environment and inspire the younger generation to adopt eco-friendly practices.”
The Transcorp’s CSR project is in sync with its Africapitalism philosophy; to foster positive change within the environment of its operation.
‘During the engaging sessions representatives effectively communicated the significance of proper waste management techniques and the positive impact recycling can have on the environment. Students were educated on various waste segregation methods and the significance of reducing, reusing, and recycling materials to minimise their ecological footprint.’
On this project, the Group partnered with Recycle Points, a waste recycling and social benefit company and also an alumnus of the Tony Elumelu Foundation.
Representative of the School Principals, on behalf of Lagos State Government, Permanent Secretary, teachers and other staff, appreciated the group for this progressive initiative. He therefore encouraged students to imbibe the culture of environmental consciousness and the habit of recycling.
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‘Transcorp’s dedication to sustainability extends beyond this project, as it continues to explore innovative solutions for reducing its own environmental footprint. Earlier in the year, the Group Chairman Mr. Tony O. Elumelu CFR planted trees at Transcorp Hilton Abuja to commemorate World Environment Day. Combining the resources and expertise of its subsidiaries in the Power, Hospitality, and Energy sectors, Transcorp seeks to lead by example and inspire other organisations to embrace environmentally responsible practices.’
‘Transnational Corporation Plc (Transcorp Group) is a publicly quoted Conglomerate, with a diversified shareholder base of approximately 300,000. Its portfolio comprises strategic investments in the power, hospitality, and oil and gas sectors. Its businesses include Transcorp Hilton Abuja, Transcorp Hotels Calabar, Aura by Transcorp Hotels, Transcorp Power, Transafam Power, and Transcorp Energy.’
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