HBM Nigeria Plc Deepens Sustainability Initiatives, Boosting Communities

HBM Nigeria Plc, formerly Lafarge Africa Plc, is doubling down on its commitment to sustainable development, according to Group Managing Director/Chief Executive Officer Lolu Alade-Akinyemi. He stated that the company's investments in communities, environmental stewardship, and local capacity development are improving lives and creating long-term value across Nigeria.

Alade-Akinyemi emphasized that sustainability is a core part of HBM Nigeria's business strategy. The company consistently increases its investments in initiatives that benefit host communities and drive inclusive economic growth. "Our sustainability initiatives continue to impact lives and strengthen communities because we believe strongly in sustainability, and we put our money where our heart is," he said during a media engagement in Lagos.

He further disclosed that HBM Nigeria has steadily grown its annual sustainability spending over the past five years. These funds support projects in education, healthcare, environmental conservation, community infrastructure, and youth empowerment within its host communities. Beyond social investments, the company's ongoing expansion projects at its Ashaka and Sagamu plants are prioritizing skilled and unskilled youth from these communities, thereby creating significant employment opportunities.

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Our sustainability initiatives continue to impact lives and strengthen communities because we believe strongly in sustainability, and we put our money where our heart is. Every year, we continue to increase our investments because creating shared value for our communities is fundamental to who we are as a business. We will continue to grow our business sustainably, invest in research and innovation, create opportunities for Nigerians and deliver value to our customers, shareholders and communities.