Introduction

NNPC Foundation is a non-profit making company limited by guarantee, incorporated in February 2023, and established to undertake and manage Corporate Social Responsibility (CSR) initiatives of NNPC Ltd and its subsidiaries, covering Education, Health, Environment, and Access to Energy.

NNPC Foundation will provide superior branding for NNPC Ltd and its subsidiaries, attract funding for developmental initiatives and ensure tax optimisation for NNPC Ltd and its subsidiaries through initiated and implemented CSR programmes.

The Foundation is to ensure and facilitate quality education through initiatives such as the provision of text books, science equipment, classroom furniture, educational financial assistances/sponsorships, organisation of campaign/awareness programs etc.

NNPC Foundation will ensure health support initiatives aimed at providing medical aids, equipment, drugs and basic health services to enhance health delivery.

Initiatives for Environmental sustainability will be focused on supports for afforestation programmes, clean up (sea, land), managing pollutions and effusions, controlling gaseous emissions, protecting sea life, promoting basic hygiene and general sanitation, advocating for use of cleaner energy etc.

NNPC Foundation will also facilitate Special Programs initiatives through supports and partnerships for managing emergency situations such as natural disasters (like floods), pandemics, human displacements caused by conflict and crisis situations etc.

Furthermore, the Foundation will advance human capital development through initiatives such as youth empowerment programs, skills acquisition, supports for entrepreneurships and start-up businesses, training, and upscaling of skillsets for digital market initiatives among others.

To facilitate the implementation of CSR initiatives for beneficiary communities by NNPC Ltd and its subsidiaries, NNPC Foundation will engage in strategic partnerships with other organisations including government agencies and the private sector for sustainable deliverables for the collective benefit of all stakeholders.

The underlying principle for the Foundation’s mandate is the adoption of ESG (Environmental, Social and Governance) framework as a baseline in all its commitments. NNPC Foundation will be pragmatic in carrying out its activities by driving sustainability, impactful initiatives, and the maintenance of ethical standards, which will not only portray but affirm it as a reliable company promoting the interest of the general public and at the same time projecting the NNPC Ltd and its subsidiaries as responsible business entities. The Foundation will be guided by this consciousness – that we must do right by every initiative we support or drive, ultimately for the benefit of Nigerians and other global communities we interreact with in the course of NNPC Ltd.’s and its subsidiaries’ business operations.