Polaris Bank, demonstrating its strong commitment to environmental sustainability, has expanded its nationwide tree-planting initiative in collaboration with the Nigerian Conservation Foundation (NCF).
The latest event took place at Government Secondary School, Gwagwalada, in the Federal Capital Territory (FCT) on October 14, 2024, following a similar activity at Chukwuemeka Odumegwu Ojukwu University in Anambra State just days earlier. Professor K.K. Nwozor commended the bank for its conservation efforts.
This initiative forms part of Polaris Bank’s broader strategy to align its operations with the United Nations Decade on Ecosystem Restoration (2021–2030), which emphasizes the urgent need for land restoration and resilience against desertification and drought. This effort resonates with the 2024 World Environment Day theme, reinforcing the bank’s proactive stance on promoting sustainable practices to restore degraded lands and enhance biodiversity across Nigeria.
Osazuwa Igbinoba, Directorate Head for Abuja, highlighted the bank's ethos, stating, "Sustainability is embedded in our business strategy and actions at Polaris Bank." He noted that the tree-planting efforts aim not only to restore natural ecosystems but also to plant economic trees, ensuring a sustainable environment for future generations.
Chiwetalu Nwatu, Directorate Head for the South East, echoed this sentiment, emphasizing that sustainability lies at the heart of the bank’s operations, going beyond financial services. Polaris Bank’s approach integrates responsible banking with societal empowerment and environmental responsibility, all grounded in Environmental, Social, and Governance (ESG) principles.
Tree planting, as a countermeasure against climate change, addresses critical 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 that has included similar initiatives at various educational institutions and community reserves across Nigeria.
Polaris Bank’s recent tree-planting exercises were held at Tai Solarin University, Ijebu Ode, Ogun State, on July 1st; Ajingi Community Reserve, Kunkurawa, 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.
This project not only enhances local ecosystems but also serves
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