#19 ESG Reporting Made Simple: 4 Quick Wins for Nigerian Businesses
Establishing ESG credibility doesn’t have to overwhelm your business. In fact, quick, calculated steps can deliver visible results without revealing your roadmap. This article outlines four smart, no-pressure moves designed to help Nigerian companies make tangible ESG progress quietly and effectively. These actions prioritize practical gains, from cost efficiency and stakeholder confidence to internal alignment, while keeping your strategic playbook tucked away.
1. Run a “Dry Run” ESG Report
Do a full mock ESG report internally using draft numbers and preliminary observations. It helps you understand data gaps, frame board discussions, and identify what needs external support without publishing anything yet.
- Why it works: Upcoming regulations are looming, so this gives you visibility into your readiness with zero public exposure.
2. Form a Lightweight ESG Task Team
Rather than a full taskforce, appoint two or three key individuals (e.g., HR lead, finance officer, operations head) to pilot ESG tracking. This keeps ESG effort lean, internal, and manageable.
- Why it works: It ensures accountability for reporting input, without signaling full-scale implementation to the market.
3. Use One Digital Tool for Data Tidiness
Deploy a lightweight, free or low-cost digital platform (e.g., spreadsheet tracker or simple ESG dashboard) to organize one ESG metric like energy use or waste generated.
- Why it works: Clean, structured data reduces later auditing friction without revealing your full data system.
4. Align to One Global Framework
Pick one globally recognized ESG standard like IFRS S1/S2 and align your disclosures to just that. Focus on the most investor-relevant sections, leaving the rest for deeper phases.
- Why it works: Positions your company as globally savvy, without spreading thin or showing you’re aligning across all frameworks.
Why These Work, for Now (Advantages and Strategic Benefit)
Low visibility
- Internal-only MVPs build capacity without signaling full ESG rollout.
Focused effort
- Milestone-based and manageable for small teams.
Credibility signal
- One framework + clean data show progress without revealing your full methodology.
Foundation for scale
- These quick wins set the stage for future investor-grade ESG expansions.
Ready to Go Deeper?
These four steps give your company just enough visibility and readiness, without handing away the full toolkit. If you’d like help building your board-level narrative, conducting a formal framework alignment, or scaling your data systems into a credible, investor-facing format, Teasoo Consulting is here to guide you with strategic clarity and discreet support.
