In a significant display of commitment to environmental sustainability, Polaris Bank has partnered with the Nigerian Conservation Foundation (NCF) to expand its nationwide tree-planting initiative.
The latest phase of the project took place at Government Secondary School, Gwagwalada, in the Federal Capital Territory (FCT) on October 14, 2024, following a similar event at Chukwuemeka Odumegwu Ojukwu University in Anambra State.
This initiative aligns with the United Nations Decade on Ecosystem Restoration (2021–2030), emphasizing the urgent need for land restoration and resilience against desertification and drought.
The theme resonates with the 2024 World Environment Day, underscoring Polaris Bank’s proactive stance in promoting sustainable practices.
Osazuwa Igbinoba, Directorate Head for Abuja, stated, “Sustainability is embedded in our business strategy and actions at Polaris Bank.”
He emphasized that the tree-planting efforts aim to restore natural ecosystems and plant economic trees to ensure a sustainable environment for future generations.
Chiwetalu Nwatu, Directorate Head for the South East, echoed this sentiment, highlighting that sustainability is at the heart of the Bank’s operations.
He noted that Polaris Bank’s approach integrates responsible banking with societal empowerment and environmental responsibility, grounded in Environmental, Social, and Governance (ESG) principles.
Tree planting is a critical countermeasure against climate change, addressing issues such as soil erosion, air quality improvement, and climate regulation through carbon dioxide absorption.
The bank’s efforts are part of a nationwide campaign, with similar initiatives executed at educational institutions and community reserves across Nigeria.
Recent tree-planting exercises were held at Tai Solarin University, Ijebu Ode in Ogun State on July 1st; Ajingi Community Reserve, Kunkurawa in Kano State on August 30th; and University of Ibadan, Oyo State on October 3rd.
These events demonstrate Polaris Bank’s commitment to sustainable development and environmental restoration.
Professor K.K Nwozor commended Polaris Bank for its conservation efforts, emphasizing the significance of collaborative initiatives in promoting environmental preservation.
Through this project, Polaris Bank seeks to inspire individuals, communities, and organizations to engage in environmental restoration and contribute to a sustainable future.
Polaris Bank, in collaboration with the NCF, remains steadfast in its commitment to environmental stewardship, community well-being, and corporate responsibility.
This partnership serves as a public call to action on the importance of environmental preservation, fostering a culture of sustainability throughout Nigeria.
The bank’s dedication to environmental sustainability is a testament to its responsible business practices and commitment to the well-being of future generations.
As Polaris Bank continues to expand its tree-planting initiative, it sets an example for other organizations to follow in promoting environmental conservation and sustainable development.
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