The Nigeria Employers’ Consultative Association (NECA), in collaboration with the International Labour Organisation (ILO), has introduced an environmental, social and governance (ESG) implementation framework for micro, small and medium enterprises (MSMEs) in Nigeria.

The guide, according to the institutions, comes at a critical time for businesses, particularly MSMEs in Nigeria, when ESG considerations are no longer optional but essential for competitiveness, sustainability, and long-term business success.

In his address at the launch, Director-General of NECA, Adewale-Smatt Oyerinde, said the guide provides MSMEs with clear guidance on understanding ESG concepts in simple terms, implementing sustainable business practices, meeting emerging reporting expectations, identifying relevant ESG risks and opportunities and positioning their businesses for improved access to finance and market opportunities.

He said that while large corporations may have the capacity and resources to navigate ESG requirements, many MSMEs that form the backbone of Nigeria’s economy often face challenges in understanding where to begin, what is required, and how to implement ESG principles practically and cost-effectively.

This, he said, informed the move between both parties to develop the ESG implementation framework for MSMEs in Nigeria.

Beyond compliance, Oyerinde said the project underscored a critical message: ESG is not just about meeting requirements but about unlocking value.

According to him, businesses that integrate ESG into their operations are better positioned to attract investment and financing and compete effectively in both local and international markets.

For Nigeria, the NECA chief said that supporting MSMEs in adopting ESG practices was also central to achieving inclusive economic growth, job creation, and sustainable national development.

“At NECA, we recognise that the transition to sustainable business practices requires more than guidance; it requires continuous engagement, capacity building, and collaboration. We are therefore committed to supporting our members and the wider business community through training, advisory services, and strategic partnerships that will drive ESG adoption across sectors,” he said.

He urged all stakeholders, government, financial institutions, development partners, and the private sector to work together in creating an enabling environment that supports MSMEs on the journey.

To the MSMEs across Nigeria, Oyerinde urged them to latch onto the framework as a tool to help them start, improve, and scale their sustainability journey in a way that is practical and beneficial to their businesses.

He expressed the partners’ commitment to seeing Nigerian businesses not only adapt to global sustainability expectations but also thrive because of them.