Lagos, Nigeria, 2026, Sunbeth Global Concepts (SGC), the top agro-commodities exporter in Nigeria, has released its first 2025 Sustainability Report. This makes them the first agricultural company in Nigeria to voluntarily follow the IFRS S1 and S2 Sustainability Disclosure Standards. These standards are international guidelines from the International Sustainability Standards Board (ISSB).
They help companies share information about sustainability risks and opportunities.
The report launch came after a pre-launch event that gathered important stakeholders and partners. They discussed the importance of the report and Sunbeth’s broader efforts in sustainability.
The report, titled "Responsible Sourcing, Pioneering Action," shows a year of real progress in ethical sourcing, community support, and traceability. Sunbeth aims to provide investors and international markets with detailed sustainability and climate information that matches what the biggest companies worldwide share. They are doing this right from their first reporting cycle by following ISSB criteria.
“Responsible sourcing is not a buzzword for us; it is fundamental to how we operate, manage risk, and create sustainable long-term value,” said Olasunkanmi Owoyemi, Managing Director of Sunbeth Global Concepts. “Our adoption of IFRS S1 and S2 reflects our commitment to meeting global sustainability and disclosure standards because Nigerian agriculture deserves to compete at the highest level. While building the systems required for this transition has demanded significant investment, it is a necessary step to strengthen the resilience of our business and ensure we can continue supporting the thousands of farmers whose livelihoods depend on access to international markets.
The IFRS S1 and S2 standards offer a strong global guide for sustainability and climate-related financial disclosures. For Sunbeth, adopting these standards means putting sustainability at the heart of their strategic decisions. It connects climate and social data to their financial results and shows investors the long-term strength of their business model.
“This is about integration, not just disclosure,” said Oyinkansola Owoyemi, Sustainability Director. “Adopting these standards forces us to show that responsible business practices are not at odds with commercial success, they are foundational to it. For a sector that sits at the intersection of climate risk, community livelihoods, and global supply chains, this level of accountability is overdue.”
During a discussion at the pre-launch event, Modupe Ojo, Sustainability Manager at Sunbeth Global Concepts, talked about why sustainability matters for business. She pointed out that it is key to managing costs, protecting revenue, and keeping access to important export markets, rather than just a box-ticking exercise.
Key achievements highlighted in the report include mapping over 140,000 hectares and 30,000 farmers for EUDR-ready traceability. Sunbeth also addressed 80 cases of child labor risk through its Child Labour Monitoring and Remediation Systems (CLMRS) programme. They became the first Nigerian company to join the International Cocoa Initiative (ICI). They trained over 6,000 farmers and distributed 60,000 hybrid cocoa seedlings. They set a baseline of 292.81 tCO2e for Scope 1 and 2 emissions with a goal of net-zero by 2050.
In 2025, Sunbeth exported more than 58,000 metric tonnes of cocoa, solidifying its place as Nigeria’s leading non-oil exporter. The complete report can be found at www.sunbeth.net.
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