Sustainability
Clean power, measured impact
Nova Utilities exists to deliver reliable, affordable and sustainable power. Less diesel, fewer emissions and broader access across Nigeria, built to the standards institutional investors expect.
Sustainability
Nova Utilities exists to deliver reliable, affordable and sustainable power. Less diesel, fewer emissions and broader access across Nigeria, built to the standards institutional investors expect.
Performance overview
From the Chairman
“Our ESG philosophy is simple: deliver clean, dependable energy while creating lasting social value and operating with uncompromising integrity. At Nova Utilities, sustainability is not a goal, it is our foundation. Sustainability is not a report we file, it is the framework that governs every decision we make. We are building an energy future that works for Nigeria today, and for generations to come.”
Faruk Agoro · Chairman, Nova Utilities
Our approach
Sustainability is not a separate programme at Nova, it is how the business is built: displacing diesel with cleaner generation, operating safely and responsibly, and governing to the standards capital markets require.
Cleaner power in place of diesel and an unreliable grid, with measurable reductions in emissions and fuel use.
Reliable electricity for businesses and communities, local jobs and skills, and safety as a first principle.
An experienced board, clear policies, and reporting aligned to recognised international standards.
Framework
Every megawatt Nova builds displaces diesel generation or draws down the grid’s fossil mix. The result is lower emissions, less fuel burned, and cleaner air where people live and work.
Reliable power is a development input. Nova keeps factories, transport and public services running, while building local capacity and putting safety first.
Nova is built to be financed. That means an experienced board, clear policies, and the transparency that institutional investors and DFIs require.
Standards
As Nova scales toward institutional and development-finance capital, its environmental and social management is being aligned to the frameworks those investors underwrite against.
The benchmark for environmental and social risk management in emerging-market project finance.
The risk framework project-finance lenders use to assess and manage environmental and social impact.
Licensed and operated within NERC and Lagos State frameworks for embedded and captive power.
Operations mapped to the Sustainable Development Goals Nova most directly advances.
Alignment is in progress; formal certifications and audited disclosures will follow as part of Nova’s data-room build-out.
United Nations SDGs
Of the seventeen UN Sustainable Development Goals, Nova’s work contributes most directly to six.
Reliable, affordable power from solar and cleaner gas, in place of diesel.
New generation and distribution infrastructure that keeps industry running.
Lower emissions with every litre of diesel displaced and megawatt-hour delivered.
Local jobs and the reliable power businesses need to grow.
Cleaner, more reliable energy for Lagos and Nigeria’s urban centres.
Delivered with world-class technology and development-finance partners.
Sustainability data
Detailed environmental and social data, policies and governance documentation are being assembled as part of Nova’s investor data room. We are glad to share what is available on request.