As the global focus on sustainability grows, Uganda’s cultural, religious, and large corporate entities are playing a pivotal role in driving environmental, social, and governance (ESG) efforts.

Our new assessment examines the current state of ESG compliance among these entities and explores how they can effectively participate in the lucrative global carbon markets.

We find that while cultural and religious organizations in Uganda already engage in environmental and social initiatives, they often lack formal ESG compliance mechanisms and governance structures. Meanwhile, large corporations have begun integrating environmental management, but comprehensive ESG strategies remain limited.

To address these gaps, we recommend establishing standardized ESG frameworks tailored to the Ugandan context, providing capacity building, and implementing policies that incentivize ESG compliance. Crucially, we call for supporting the development of carbon credit projects that meet international certification standards, as well as facilitating high-level access to global carbon markets.

“Uganda’s cultural, religious, and corporate entities have a unique opportunity to position the country’s economy in the global carbon markets,” says Laban. “By aligning with ESG principles, they can drive sustainability while unlocking new economic opportunities.

With the right support and strategies, Uganda’s diverse entities can play a pivotal role in achieving global environmental goals while bolstering the nation’s economic future. Read Full Story!