June 24 (THEWILL) — Standard Chartered Bank Nigeria Limited has received the International Finance Corporation’s (IFC) EDGE (Excellence in Design for Greater Efficiencies) Green Building Certification for its Head Office in Lagos, reinforcing its commitment to sustainable operations and responsible corporate practices.
The certification recognises the Bank’s investment in resource-efficient building design, including improvements in energy efficiency, water conservation, and reduced embodied carbon in construction materials. It also highlights the institution’s broader ambition to embed sustainability across its operations while contributing to a more climate-resilient built environment.
Speaking on the achievement, Deji Adelagun, Chief Executive Officer of Standard Chartered Bank Nigeria Limited, said the recognition reflects the Bank’s commitment to integrating sustainability into its operations and delivering long-term value. He noted that the Lagos Head Office now serves as an example of how responsible business practices can drive both environmental impact and operational resilience.
Dahlia Khalifa, IFC Regional Director for Central Africa and Nigeria, described the certification as a demonstration that sustainability must begin within organisations themselves. She added that resource-efficient buildings are central to advancing low-carbon, resilient growth, and encouraged more private sector institutions in Nigeria to adopt similar standards through EDGE.
Also commenting, Celestine Aruoture, Head of Commercial Real Estate and Services at the Bank, said the certification reflects deliberate efforts to reduce environmental impact through energy, water, and material efficiency measures while improving workplace sustainability for staff and clients.
Dr MKO Balogun, EDGE Expert and Group CEO of GPFI Holdings Ltd, noted that the certification process highlights the importance of strong collaboration between building owners and technical partners in achieving sustainable outcomes, adding that the achievement sets a benchmark for commercial real estate in Africa.
According to the Bank, the Lagos Head Office achieved 20.85 percent energy savings, 23.53 percent water savings, and a 99 percent reduction in embodied carbon in materials through measures such as roof insulation, high-performance glazing, efficient cooling systems, and water-efficient fixtures.
EDGE, a globally recognised green building standard developed by the IFC, assesses buildings based on measurable resource efficiency criteria and requires independent third-party verification. The certification underscores how commercial buildings can lower operating costs, improve efficiency, and support Nigeria’s transition toward a lower-carbon economy.
Ogochukwu Onwaeze is a writer specializing in business and economic journalism. At THEWILL News Media, she translates market trends, financial developments, and policy shifts into clear and engaging stories.
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