February 11, 2020.

To Our stakeholders

I am pleased to confirm that Natural Eco Capital Limited supports the Ten Principles of the United Nations Global Compact on human rights, labour, environment and anti-corruption. With this communication, we express our intent to implement those principles. We are committed to making the UN Global Compact and its principles part of the strategy, culture and day-to-day operations of our company, and to engaging in collaborative projects which advance the broader development goals of the United Nations, particularly the Sustainable Development Goals. Natural Eco capital Limited will make a clear statement of this commitment to our stakeholders and the general public.

We recognize that a key requirement for participation in the UN Global Compact is the annual submission of a Communication on Progress (COP) that describes our company’s efforts to implement the Ten Principles. We support public accountability and transparency, and therefore commit to report on progress within one year of joining the UN Global Compact, and annually thereafter according to the UN Global Compact COP policy.

Sincerely Yours

Eugene Itua, PhD
Chief Executive Officer

Our Commitment

We remain committed to run an all-inclusive business environment where personnel are given the privilege and opportunity to thrive and be productive. Employees are driven to “own” the job responsibility. This strategy has given each employee an equal opportunity to excel at work. Our employee training policy is applicable to all employees, regardless of contractual status, that is including employees on permanent and fixed-term contracts and students working their in-service (intern) period.

A Brief Description of our Processes
Our Training is organized around the following key focus areas:

• Optimizing individual and collective performance and supporting growth, by incorporating: - diversity of professional expertise; - the international dimension of the business.
• Ensuring the convergence of needs and skills between the various sectors of the company and employees' individual aptitudes.
• Preparing employees' development in their current and future assignments and thereby encouraging their mobility.
• Supporting or anticipating change, particularly in the following sectors: - technology; - organization, management, and circular economy.
• Encouraging knowledge sharing within Multiple Development Services through the capitalization and dissemination of knowledge and expertise; - the sharing of methodologies.

Within Natural Eco Capital Limited, all managers are involved in ensuring the best definition of the training required by their teams. Similarly, employees are encouraged to suggest training to enable them to develop. The actions are organized locally, regionally or company-wide.
The pooling of training approaches within the company is a priority in order to optimize resources and be able to rely on proven initiatives, particularly in the field of management, training and process development for ALL employee.

Actions Implemented in the last year/ planned for next year.
Employees are encouraged to further their education and are eligible to apply for financial assistance to meet the cost of the studies, which includes all fees and examination fees, and any materials required (for example for scientific courses).

Measurable Results

• Annual Funding to International training programme and UNFCCC climate events
• Improved commitment to HSE Communication through posters and verbal communication
• Continue environmental awareness in house training for staff

Company goals on Human Rights
• Improve equal right for roles and responsibilities among the workforce
• Continuous support and respect by the business to protection of the internationally proclaimed human right
• Improve on the workplace protection of persons in avoiding sexual Harassment at work in any form

A Brief Description of our Processes
Our Training is organized around the following key focus areas:

• Optimizing individual and collective performance and supporting growth, by incorporating: - diversity of professional expertise; - the international dimension of the business.
• Ensuring the convergence of needs and skills between the various sectors of the company and employees' individual aptitudes.
• Preparing employees' development in their current and future assignments and thereby encouraging their mobility.
• Supporting or anticipating change, particularly in the following sectors: - technology; - organization, management, and circular economy.
• Encouraging knowledge sharing within Multiple Development Services through: - the capitalization and dissemination of knowledge and expertise; - the sharing of methodologies.

Within Natural Eco Capital Limited, all managers are involved in ensuring the best definition of the training required by their teams. Similarly, employees are encouraged to suggest training to enable them to develop. The actions are organized locally, regionally or company-wide.
The pooling of training approaches within the company is a priority in order to optimize resources and be able to rely on proven initiatives, particularly in the field of management, training and process development for ALL employee.

Actions Implemented in the last year/ planned for next year.

Employees are encouraged to further their education and are eligible to apply for financial assistance to meet the cost of the studies, which includes all fees and examination fees, and any materials required (for example for scientific courses).

Measurable Results

• Annual Funding to an International training programme and UNFCCC climate events
• Improved commitment to HSE Communication through posters and verbal communication
• Continue environmental awareness in house training for staff

Our Commitment

We have developed a functional policy for our operations, with both national and global inclination, for optimal support of our workforce. We adhere strictly with available laws and regulations against forced labour and zero tolerance for gender, race, colour, political or religious discriminations. For health-related concerns, we also run zero-tolerance discrimination for HIV status in relation to employment and promotion at work.

A brief description of our Processes

Our recruitment process is structured and has a documented policy which strives to maintain diversity through gender, skills, race, values, attributes, and characteristics while offering equal opportunity to all potential candidates. This is also evident in our system as we do not recruit minors (under 18 years) - which is a violation of children rights - into our workforce. Our compensation policy ensures employees are entitled to additional benefits to their salary. Applicable allowances, relating to duties executed within the State and beyond are remunerated with outstation allowances/estacode as the case may be.

Our stride towards ensuring a holistic training and development opportunity among employees reflects in our process of providing equal opportunity for employee’s continuous growth both professionally and academically. This has helped to provide the system with an effective and efficient workforce, which relationally has created mutual benefits between the employer and the employees.

Actions implemented in the last year/planned for Next year

Our reward system, regardless of employment status, to encourage the entire workforce for more productive outcomes, has spurred employees to put in more individual drive to “own their roles”, which is a benefit to all employees within the year in view.

Recognizing that training is an integral part of our services and that our employees are the most important element in the success of these pieces of training as well as other services rendered by our company and that they are also the source of sustainable competitive advantage, our Directors and Management have renewed their commitment to the training and development of all our employees

Measurable Results

• We have maintained a balance in the gender percentage for the labour force over the year in view. This has subsequently improved healthy work relationship within the organization.
• We have improved the pay-pack of staff within the year in view by 50%
• Sustained staff welfare support at all levels.

Our Commitment

We are committed to ensuring that good health, safety and environmental performance is achieved, this being an integral part of efficient and effective services through pursuing the goal of no harm to people and the environment. Natural Eco Capital is committed to continuous update of her activities in order to ensure minimal or no waste generation vis-à-vis the prevention of environmental pollution. We are equally committed to the review at intervals, her health, safety and environmental policy to reflect the reality of the current situations.

A brief description of our Processes

We are guided by basic principles in our operation. This Include:

• Making Health, Safety and Environmental considerations of top priority in her planning and activities.
• Operating her business in compliance with relevant environmental standards and legislation in Nigeria and elsewhere as well as reviewing at predetermined intervals, her Health, Safety and Environmental policy to show the true picture of prevailing legislation and conditions.
• Ensuring the protection of the environment within her operation base. • Making sure that any negative impact of her activities on all stakeholders, community, and the environment are minimized.
• Contributing to Sustainable Development through efficient utilization and conservation of resources, waste minimization strategies, adoption of pollution prevention programmes and energy management systems.
• Ensure the regular training of employees that will sustain the acquisition of adequate competencies in terms of getting requisite HSE information to be able to act responsibly when the need arises.
We also believe that:
 Environmental problems know no frontiers.
 All injuries and occupational illness can be prevented.
 Safety is everyone’s responsibility.
 All operating procedures can be reasonably safeguarded.
 Preventing injuries and incidents contributes to business success.
 Working safely is a condition of employment.

Activities implemented in the last year

• Renewal of all environmentally related consultancy certificates.
• Improved compliance status to all statutory environmental requirement

Measurable Results

• We have maintained a zero regulatory fine within year of consideration, 2019
• 100% compliance to regulatory requirements operations as environmental consultants
• Zero lost time injuries as a result of workplace accident
• Zero communal unrest as a result of workplace operation (office and off-site)
• Reduced reputational, legal and other business risk.

Our Commitment

We are committed to working against any form of corruption, within or outside the office.

A brief description of our processes

We have sustained the practice of subjecting all expenses accrued to projects are scrutinized by the Accounts Department. Employees MUST retire all expenses in line with cash provided for projects. All expenses are receipted to ensure accountability of funds released. Contractors are recruited based on professionalism and hands-on-experience for each specific project.

Department heads confirm all budgets for projects and approve such as prepared by the employee executing the project. The CEO gives final approval for disbursement of the fund after checks by the Accounts Department. On completion of the project, the employee responsible for the execution of project retires all expenses made with the adequate receipt for expenses

Activities Implemented in the Last year

As part of our drive for excellence and ensuring best international standards in our operations, Natural Eco Capital joined the UNGC to implement its principles into her operations, with a particular interest in the anti-corruption drive.

Measurement Result

We have developed measures to ensure best practices in relation to the client’s operation to improve our financial relationship with our clients and work against any form of corruption.

We have introduced our fraud policy/procedures into induction programmes for existing and new employees, sub-contractors, and sub-consultants to minimize incidences of any form of corrupt businesses