Manufacturing companies that makes the 2020 CSIR list, and why

Industry, Trade and Investment

By Franklin Alli

HERE are the top five performing multinationals, and domestic companies in the manufacturing sectors who shined at the 2020 Corporate Sustainable Investment Report, CSIR.

On the FMCGs sector, Reckitt Benkiser Nigeria Ltd, emerged top, followed by Coca-Cola, Guinness Nigeria Plc, Kimberly-Clark, and Procter & Gamble – all multinationals.

While under construction and manufacturing, UPDC Plc emerged top.

Trailing behind was Beta Glass Nigeria Plc, Cutix Plc, Dangote Cement Plc, and Lafarge Africa Plc – all are local companies.

The report, produced by the CSR-in-Action, covers 210 companies operating in various sectors of the economy, was recently endorsed and unveiled by Nigeria’s Minister of Industry, Trade, and Investment, Otunba Adeniyi Adebayo in Abuja.

Adebayo, while unveiling the report recalled that in 2020, Nigeria generated 2.6 billion dollars in Foreign Direct Investments, adding that the report would be beneficial to investors while making informed decisions on opportunities.

 

The Chief Executive Officer of CSR-in-Action, Bekeme Masade -Olowola, explained that these companies were assessed on human rights, ethical economies, innovation, environmental sustainability, and sustainability management.

It also provides comprehensive data on private companies, human rights, stakeholder inclusion, innovation, and environmental sustainability practices.

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