OUR SUSTAINABILITY

Our approach to
ESG and sustainability

The Fund has built its reputation for standing by its members, customers, and communities. The events of 2021 – the global Covid-19 pandemic, a societal reckoning with financial distress and the increasingly visible effects of climate change – underscore why understanding, anticipating and effectively managing environmental, social and governance (ESG) matters is critical to delivering on our mission to making lives better for our members, customers, and communities. Now, more than ever, a strong focus on ESG is a business imperative – and a key driver of long-term business success.

We are acting on sustainability by using our business and brand to build a better future. For people. For the planet.

Our focus on long-term value creation and innovation positions sustainability at the heart of everything we do.

From our culture of integrity and inclusion, our strategic investments in education, health, youth, and how we manage our supply chain, to how we operate in support of environmental sustainability, our Corporate Social Investment (CSI) and business strategies are tightly integrated.

We will continue to challenge ourselves, using our voice to drive action on sustainability and leading by example, to create a thriving society, driving economic growth for a greener sustainable future.

Our customers expect this from us because they want to do business with an institution they believe is socially and environmentally responsible. We are committed to meeting their expectations, and we hold ourselves accountable by continuing to report our progress in support of addressing the challenges of the UN 2030 Sustainable Development Goals (SDGs).

In our ESG Report, you will learn about the impact we are making, and the programmes we are driving to make lives better, not only for our members but the communities within which we operate.

NSSF has prioritised commitment to the following SDGs→

Environmental

Developing financial solutions that drive action on climate change and generate other positive environmental impacts
Managing environmental risks, including climate-related risks
Minimising the environmental impacts of our physical operations
Sustainable cities and communities

SDGs

Relevant capitals

Relevant sustainability drivers

Environmental protection

Relevant strategic objectives

Relevant material matters

Social and Economic

Acting in the best interest of our customers
Addressing human rights-related risks
Developing financial solutions that improve quality of life and generate other positive social impacts
Expanding access to education to promote economic opportunities in the communities where we do business

Driving economic prosperity and growth in Uganda (support of local suppliers, promoting the growth of Ugandan businesses, support of the agro-industry)
Investing in our human capital
Promoting diversity, equity, and inclusion
Strengthening customer financial health
Adopting a robust investment strategy to ensure long term sustainability of the Fund