Our Governance

Group Reporting Initiative Report as at 30 June 2025

NSSF is committed to transparent and accountable ESG reporting, adhering to globally recognised frameworks such as the Global Reporting Initiative (GRI) and the Sustainability Accounting Standards Board (SASB). Materiality assessments help us identify key ESG topics relevant to our operations, shaping our reporting practices and guiding our sustainability strategies. This alignment ensures that our efforts meet organisational goals and stakeholder expectations.

Chairperson Foreword

Our commitment to transparency is as important as our commitment to performance.

By reporting under the Global Reporting Initiative standards, we provide our members and stakeholders with a clear and comprehensive view of our sustainability practices and impact.


Dr David Ogong, Chairperson of NSSF

Sustainable development goals

We have prioritised stakeholder issues according to their economic, environmental, social, and financial impact as guided by the GRI reporting framework and have adopted the Global Reporting Initiative's (GRI) Standards for purposes of this report.

GRI supports the UN (United Nations) 2030 Sustainable Development Goals (SDGs), and our report demonstrates that the activities undertaken by the Fund contribute to the objectives of the SDGs. Our business activities are geared to have a positive impact on people, the planet and prosperity.

Recently the Fund conducted a comprehensive baseline assessment of all key strategic initiatives. This involved detailed research and analysis to evaluate our current practices, identify areas for improvement, and assess our progress against various frameworks, such as the UN Sustainable Development Goals (SDGs). As a result, we have aligned and prioritised specific SDGs, focusing on integrating sustainability into our overall strategy and financial reporting.


The Fund contributes to the following 7 SDGs:

The fund also contributes to the following SDGs:

The tables that follow provide a structured view for the National Social Security Fund of Uganda to report on our economic, environmental, and social impacts. Any numbers and values disclosed are as at 30 June 2025.

Part 1: Profile

Fund Name: National Social Security Fund

Registered office: Workers House

Integrated report

  • Page 12
Sustainability report

  • Page 12
Link


Purpose

  • The National Social Security Fund (NSSF) is the leading provident fund in Uganda, established to provide financial security for workers in the private sector
  • We accept voluntary contributions from self-employed persons and allow members to make additional contributions (top-ups) on their mandatory savings
Integrated report

  • Page 13
Sustainability report

  • Page 12
Link


Governance Structure

  • Our corporate governance structure and practices have enabled us to create value for the Fund, our members and all our stakeholders in an ever-changing environment
Integrated report

  • Page 74
Sustainability report

  • Page 57
Link


Membership

  • Strong membership base:
    • 3.35m registered members
    • 47,597 registered employers
Integrated report

  • Page 12
Sustainability report

  • Page 12
Link


Reporting Period

  • Reports are prepared annually for the period 1 July 2024 to 30 June 2025
  • We have, for many years prepared and issued annual integrated reports, annual financial statements. In 2023 we published our first Sustainability (ESG) Report and have done so again in 2024 and 2025
Integrated report

  • Page 3
Sustainability report

  • Page 2

Report Coverage

  • Our Integrated Report highlights our journey over the past year, focusing on our strategy, performance, opportunities, and outlook in financial, economic, social, governance, and environmental matters. We also produce a digital version of our Integrated Report
  • The focus of our Sustainability (ESG) Report is on economic, social, governance, and environmental matters

Awards received

  • Special recognition for good Corporate Governance Reporting at the ICPAU's integrated report Financial Reporting (FiRe) Awards 2024
  • Award for integrated reporting from the Chartered Governance Institute of Southern Africa and the JSE 2024
  • ICG Awards - Resilience and Sustainable Impact Award
Integrated report

  • Pages 5, 71, 110
Sustainability report

  • Pages 2, 54
40 YEARS OF BUILDING THE FUTURE: POWERING GROWTH, EMPOWERING GENERATIONS