We engage with our Nigerian stakeholders to listen, and to understand their insights into the issues that matter most to our communities and our business.
Partnering with people, businesses and organisations that share our interest in a sustainable future and have a stake in our business is essential for our success. Engaging with our stakeholders strengthens our relationships and helps us make better business decisions to deliver on our commitments.
These stakeholders are the people on whom we have the greatest impact -- or who have the greatest impact on us. They include: suppliers, customers, non-government organisations (NGOs), government, consumers and local communities among others. We learn from these groups in a variety of ways: from meetings to formal surveys of employees, customers, and others.
- We work with our customers, suppliers and other business partners across the value chain every day, as well as with government representatives, civil organisations, academia, intergovernmental organisations, local communities representatives and our consumers
- Our business leaders engage with a variety of international organisations and business associations such as the UN Global Compact and UNESDA
Working in partnership
Increasingly, we are working together on social and environmental issues with partnerships to address issues of shared concern.
For example, we work with:
- Nigerian Conservation Foundation and Ministry of Environment to raise awareness on environmental issues
- Alkem Nigeria Limited to collect and recycle post-consumer PET wastes across the country.
|Stakeholder group||How we engage|
|Shareholders and analysts||Annual General Meetings, quarterly roadshows and results briefings, webcasts, ongoing dialogue with analysts and investors|
|Employees||Sustainable engagement and values index surveys, quarterly CEO management calls, Annual Leadership Conference, employee communications channels such as intranet and internal social media, individual development plans, internal communications campaigns, community and active lifestyle projects, volunteerism, Employee Works Council, whistleblower hotline|
|Consumers||Consumer hotlines, local websites, plant tours, research, surveys, focus groups|
|Suppliers||Joint value creation initiatives, annual supplier conference, sustainable sourcing, Supplier Guiding Principles, packaging associations, whistleblower hotline|
|Governments and regulatory authorities||Recycling and recovery initiatives, EU Platform for Action on Diet, Physical Activity and Health, foreign investment advisory councils, chambers of commerce|
|Non-governmental and intergovernmental organisations (NGOs and iGOs)||Dialogue, policy work, partnerships on common issues, memberships of business and industry associations|
|Communities||Plant visits, community meetings, partnerships on common issues, sponsorship activities, lectures at universities|
|The Coca‑Cola Company||Day-to-day interaction as business partners, joint projects, joint business planning, functional groups on strategic issues, ‘Top-to-Top’ senior management|
Every year, we ask over 360 stakeholders from the above groups to provide online feedback via our material issues survey. These surveys give our stakeholders the opportunity to prioritise our material issues based on their own interests and the relevance of these to our business.
We also ask what they think by providing open-ended questions, so they can share with us anything we might have missed or that needs more attention.
Annual stakeholder forum
Every year we bring together a group of diverse stakeholders to review our sustainability performance and to better understand their expectations for the future.
We publish a summary of the findings and make sure we learn from and put into practice the feedback we receive.
As a result of this feedback, we’re setting longer-term performance targets and increasing the focus on consumer health and sustainability in our supply chain. We’ve also made significant changes to our reporting to address stakeholder information needs: seeking a higher level of external assurance, integrating our sustainability and financial reports and consolidating issues on our materiality list to better reflect global trends.