By Bisi Bamishe
AIICO Insurance Plc. is stepping up its commitment to environmental responsibility with its Recycling at AIICO Project, an initiative designed to reduce non-biodegradable waste, promote responsible consumption, and create a workplace culture that actively supports sustainability.
Launched in the fourth quarter of 2024, the project reflects AIICO’s belief that corporate success extends beyond profits, encompassing the duty to safeguard the planet for future generations. It aligns with the United Nations Sustainable Development Goals (SDGs) 12 (Responsible Consumption and Production) and 13 (Climate Action), reinforcing AIICO’s mission to contribute to a cleaner, safer, and more sustainable environment.
Key objectives of the project include:
· Minimizing the amount of non-biodegradable waste generated across AIICO’s operations.
· Encouraging the reuse and recycling of materials such as paper and plastics.
· Driving employee engagement in environmental responsibility through education and participation.
· Embedding sustainability principles into the company’s culture and daily business practices.
After a successful pilot run at AIICO’s Ikeja office, which delivered strong participation and measurable improvements in waste management, the initiative is to be extended to the company’s offices nationwide.
Speaking on the program, Mrs. Abimbola Shobanjo, Corporate Responsibility and Sustainability Manager at AIICO Insurance Plc., said:
“The Recycling at AIICO Project demonstrates that growth and sustainability can go hand in hand. We are intentional about reducing our environmental footprint and showing that business success is not defined by profit alone, but by the positive legacy we leave behind for future generations.”
To achieve its objectives, AIICO has put robust systems in place to ensure lasting impact. The company has installed clearly labelled bins for plastics, paper, and general waste across its offices, making it easier for employees to embrace proper waste segregation. Through a strategic partnership with Wecyclers, a leading waste management company, AIICO ensures that collected materials are efficiently processed and recycled. In addition, regular sensitization campaigns are being conducted to encourage eco-conscious behaviour among staff, fostering a culture of environmental responsibility. Progress is closely monitored, with waste data tracked and reported as part of the company’s ESG disclosures, reflecting AIICO’s commitment to transparency and measurable results.
With this initiative, AIICO Insurance Plc. continues to demonstrate that responsible business practices and environmental stewardship are inseparable, setting a standard for corporate leadership in sustainability.
About AIICO Insurance Plc
AIICO Insurance is a leading composite insurer in Nigeria, with a 60-year record of accomplishment in delivering quality service to its clients. Founded in 1963, AIICO provides life and general insurance, health insurance, and investment management services to create and protect wealth for individuals, families, and corporate customers.
