Sustainability

WVL takes a strong and substantial commitment towards our employees, our host communities and our suppliers. Since our inception, we have been actively involved in pursuing a sustainable approach to the way we do business. Even though we understand that sustainability is more a journey than a goal, we are constantly taking measured steps to ensure that we provide sustainability at our highest capacity at every point in our supply chain.

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We follow strict international guidelines and laws set out to protect our employees and suppliers:

• Our local labour regulations are met and most often exceeded. We adhere to ILO (International Labor Organization) standards with immense rigidity, making sure our employees are well taken care of with full benefits.
• WVL ensures its suppliers source their products in line with the Extractice Industries Transparency Initiative.
• We strictly follow Transparency International’s guidelines for best business practices when it comes to all our business transactions.

Initiatives

We have established several programmes in our commitment to ensuring the stability and economic prosperity of the communities surrounding our business operations.

 Here are some examples of how we have contributed to sustainability in both our trading, growing and manufacturing endeavors:

• We have commenced a land distribution programme to reallocate several thousand hectares of viable land in the strategic ‘Middle Belt’ region of Nigeria. Doing this gives smallholder farmers the ability to grow and reap rewards from the farming of their individually allocated land, providing a source of material wealth for their needs.
• A subsidy system provides fertilizer and farming tools to smallholder farmers directly from WVL supplies at substantially less-than-market prices.
• WVL’s logistics department has undertaken a Market Access Reform (MAR) programme to help smallholder farmers store excess harvest. We also provide sales and logistics services to these farmers by selling to relevant commodity exchanges.
• We have recently invested heavily in our Agricultural Educational Initiative (WVL-AEI) to impart the latest farming practices to local farmers. Even though most farmers do not have access to much capital, we reconcile this lack of capital with more sustainable farming practices. For example, advising farmers on how to get the most accurate moisture content of their crop allows them to hone in on the ideal harvest time for their crop.