Home Africa Axxela Retains EcoVadis Gold Medal for 2025, Reinforces Leadership in Sustainable Business

Axxela Retains EcoVadis Gold Medal for 2025, Reinforces Leadership in Sustainable Business

by Radarr Africa

Axxela Limited, a leading player in the gas and power sector across sub-Saharan Africa, has once again secured the prestigious Gold Medal in the 2025 EcoVadis Sustainability Rating. The company announced the development in a statement on Thursday, describing the achievement as a firm reaffirmation of its commitment to sustainable business practices and ethical growth.

The EcoVadis rating placed Axxela in the top five per cent of over 130,000 companies assessed globally in the last 12 months. The company achieved a 95th percentile ranking across key ESG (Environmental, Social and Governance) pillars including Environment, Labour & Human Rights, Ethics, and Sustainable Procurement.

Axxela, which operates as a gas and power portfolio company delivering energy solutions across Nigeria and other parts of Africa, highlighted the recognition as an endorsement of its deliberate focus on integrating sustainability into its core business operations.

Speaking on the company’s performance, Acting Group Chief Executive Officer of Axxela, Timothy Ononiwu, commended the entire team for their hard work and dedication to maintaining best practices.

“Retaining the Gold Medal in the 2025 EcoVadis Sustainability Rating is an affirmation of the values that guide our business. It shows that our actions align with our words and that we are determined to build a future where growth does not come at the expense of the environment or our values,” Ononiwu said.

He further stressed that Axxela’s energy operations are guided by a philosophy that sees sustainability and access to energy as complementary objectives.

“At Axxela, we understand that access to energy is not mutually exclusive with sustainability. That’s why we continue to make clear commitments to cut emissions, uphold global best standards, and do business the right way. This recognition from EcoVadis validates those affirmations,” he added.

Also speaking on the achievement, Axxela’s Head of Environmental, Health, Safety & Sustainability, John Okoro, noted that the rating is not only a recognition but also a challenge to raise the bar.

“This result is not only an accolade but also a call to raise our sustainability bar even higher. It authenticates our consistent efforts toward decarbonisation and aligns with Nigeria’s 2060 net-zero target, which we fully support,” Okoro stated.

He emphasised that sustainability will continue to play a central role in Axxela’s expansion strategy as it grows its operations across the continent.

Axxela has in recent years diversified its business structure and deepened investments in clean energy infrastructure, which include gas distribution, embedded power generation, and pipeline development. The company has also launched new business units focused on driving industrial growth through energy security and cleaner fuel solutions.

The EcoVadis sustainability rating system is one of the world’s most trusted assessments for measuring corporate sustainability practices. Companies are rated on 21 indicators in four broad themes: Environment, Labour & Human Rights, Ethics, and Sustainable Procurement. The Gold Medal rating is awarded to companies demonstrating advanced sustainability performance.

By retaining this global recognition, Axxela joins a small group of organisations worldwide that are not only implementing sustainability practices but doing so at a consistently high standard. The company said it would continue to drive innovation while aligning with international frameworks such as the UN Sustainable Development Goals and Nigeria’s national environmental targets.

As climate change continues to influence global business decisions, Axxela’s performance could encourage other African firms in the energy sector to adopt ESG principles more actively and position the continent as a rising force in sustainable energy.

You may also like

Leave a Comment