AFEX, officially known as AFEX Commodities Exchange Limited, is a leading player in Nigeria's agricultural commodities market. Headquartered in Lagos, Nigeria, the company operates extensively across major agricultural regions, facilitating trade and investment in the sector. Founded in 2014, AFEX has achieved significant milestones, including the establishment of a robust trading platform that connects farmers, traders, and investors. Specialising in commodity trading, warehousing, and financing, AFEX offers unique services that enhance market access and liquidity for agricultural stakeholders. Its innovative approach to commodity exchange has positioned it as a key player in Nigeria's agribusiness landscape, contributing to food security and economic growth. With a commitment to transparency and efficiency, AFEX continues to drive the evolution of agricultural trade in Nigeria and beyond.
How does AFEX's carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.
Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.
AFEX's score of 0 is lower than 99% of the industry. This can give you a sense of how well the company is doing compared to its peers.
AFEX, headquartered in Nigeria, currently does not have available carbon emissions data for the most recent year, nor specific reduction targets or initiatives outlined in their climate commitments. Without concrete figures or defined goals, it is challenging to assess their current carbon footprint or climate strategy. However, the absence of data may indicate an opportunity for AFEX to enhance transparency and establish measurable climate commitments in line with industry standards. As the global focus on sustainability intensifies, it is crucial for organisations like AFEX to develop and communicate clear strategies for reducing their carbon emissions and contributing to climate action.
Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.
AFEX is not committed to any reduction initiatives we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.