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BAT Nigeria's 20th Anniversary Celebrations Highlight Commitment to Economic Sustainability and Growth

2024-04-29 09:58:39.509000

British American Tobacco Nigeria (BATN) is celebrating the 20th anniversary of its Ibadan factory, showcasing its significant contributions to the Nigerian economy and its commitment to environmental, social, and governance (ESG) initiatives. The Ibadan factory, established in 2004, demonstrates BATN's commitment to sustainability, innovation, economic growth, and responsible corporate citizenship [c4ca22ab].

BATN's commitment to sustainability is evident in its energy-efficient design, utilization of solar panels, and its goal of achieving carbon neutrality by 2030. The company has achieved certifications like IREC and AWS, transitioned to cleaner-burning CNG power in 2022, and aims to achieve zero waste to landfill by 2020. BATN's milestones in Nigeria include the acquisition of NTC PLC in 2000, a partnership with the federal government in 2001, and the commissioning of the US$185 million Ibadan Factory in 2003 [c4ca22ab].

BATN has contributed N415 billion in taxes and levies between 2018 and 2023, supporting government initiatives and becoming a market leader in exports, generating over $110 million annually. The company has created an estimated 350,000 direct and indirect jobs and invested N2 billion in Corporate Social Investment projects since 2003 [c4ca22ab].

BATN is committed to responsible environmental practices, diversity and inclusion, and social responsibility. The company promotes diversity and inclusion with 38 percent of women in management roles and has launched a cigarette butt recycling initiative [c4ca22ab].

BATN's dedication to innovation, sustainability, and social responsibility positions them as a valuable partner in Nigeria's continued growth [e356c9f2].

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