Key members at the conference
The Chief Executive Officer (CEO) of the Association of Ghana Industries (AGI), Seth Twum-Akwaboah, has called on companies within the country to use renewable energy in their activities so as to reduce the carbon emissions in the country as part of their Corporate Social Responsibility (CSR).
According to the CEO, corporate institutions have the responsibility of safe-guarding communities in which they operate therefore there needs to be the adoption of renewable energy sources in their processing activities in order to protect the environment.
He added that businesses will be able to have sustainable profit if they adopt the responsibility of taking care of their environment.
Mr. Twum-Akwaboah added that the adoption of renewable energy by corporate institutions will help support energy production within the country as less pressure on energy stock will be achieved.
He further reminded the public that AGI has an energy service centre created to provide advisory services on renewable energy and energy efficiency solutions to industries in the country.
He therefore acknowledged companies which have already subscribed to the energy service centre and called on other companies to join in order to protect the environment and the lives of citizens within the country.
“Right now, we have a good stock energy however, every year the growth in demand is high therefore the next few years we may get to the saturation point and may need more energy. If more companies adapt renewable energy, it will help bring sustainability in energy production within the country,” he stated.
The CEO made this known at the 2023 CSR and Sustainability Conference in Accra under the theme, ‘Shaping the future of businesses sustainability, post Covid-19.’
Director at the University of Applied Management, Germany, Ghana Campus, Prof. Martin Gyambrah, added that several developments have taken place as a result of COVID-19 therefore companies need to quickly adapt and operate differently.
“The new world imperatives for business sustainability, post COVID-19, present an opportunity for companies to reflect on new reality and to quickly adapt to emerging sustainable trends. Regulatory and policy changes aimed at encouraging sustainable development practices, which can impact on companies operations and market access, require businesses to adapt to new regulatory environment and comply with updated policies,” he added.
By Abigail Atinuke Seyram Adeyemi & Nafisatu Abdul Razak