• CERAWeek
  • March 18 - 22, 2024

Oritsemeyiwa Eyesan

NNPC Ltd.

Chief Strategy & Sustainability Officer

With over 30 years’ experience, Mrs Eyesan has contributed immensely to stakeholder value in both private and public enterprises. As the Chief Strategy & Sustainability Officer of one of Africa’s biggest companies in terms of total asset value, she is leading NNPC’s sustainability journey following the transition of the energy giant from a statutory corporation to a limited liability company. She has led teams that developed corporate strategy, influenced government policies, regulations, and laws, while orchestrating commercial agreements (including infrastructure development for local and multinational projects) in processes that require extensive stakeholder management and dexterity in communication for impact.  She is on the Board of Directors of four companies. As a previous speaker at CERAWEEK, ADIPEC, World Gas Conference and several other platforms, she is a passionate advocate for just energy transition which adequately balances environmental, social and governance initiatives within the context of the relevant entity. In furtherance of this, she midwifed the first-ever NAG commercialization in Nigeria, delivered the renewal of Nigeria’s Deepwater PSCs in record time, so paving the way for over $10billion in ecofriendly investments, strengthened energy security by leading NNPC’s acquisition of equity in Dangote, and other refineries, while driving the strategic, fiscal, commercial, and regulatory conversations that led to the enactment of the Petroleum Industry Act which creates a workable nexus among sustainable operations, social relationships and environmental protection. A graduate of Economics from the University of Benin, Mrs Eyesan is a member of the Strategic Management Society and the Society of Petroleum Engineers.

Sessions With Oritsemeyiwa Eyesan

Monday, 6 March

  • 07:30pm - 09:00pm (CST) / 07/mar/2023 01:30 am - 07/mar/2023 03:00 am

    Is Sustainable Investing Accelerating the Energy Transition?

    Energy Transition/Climate & Sustainability
    Getting to net-zero greenhouse gas emissions will require trillions of dollars in investments. Fiscal policies, complemented by a broad range of regulatory and financial policies, will be necessary to enable this transition. The global financial industry can play an important role in financing the transition to a greener economy. After years of rapid and consistent growth, ESG investing faced new headwinds in 2022. A surge in sustainability-related funds and products has created suspicions about reporting, standards and greenwashing in many jurisdictions. In the United States, opposition to ESG concepts has driven certain Republican-controlled states to shift some investments and threaten more. At the same time, the oil and gas sector outperformed the market by a wide margin and energy was the only sector within the S&P 500 that generated a positive share price return in 2022. Consequently, there have been increasing questions about the ESG’s relevance amid changing market conditions and how funds will implement their commitments to invest “sustainably.” Is ESG investing suffering from growing pains or is the support wavering? In 2022, large money managers reduced their support for ESG-focused shareholder proposals and industry alliances? How will this impact energy transition investments? Will the focus on energy security and affordability accelerate investments in hydrocarbons and slow down investments in clean energies? How should funding for mitigation and adaptation be mobilized for emerging economies? What regulatory oversight do you support or recommend to prevent “greenwashing”?