LAGOS/Nigeria: Polaris Bank Limited, in collaboration with the Nigerian Conservation Foundation (NCF), has extended its nationwide tree-planting initiative to Kano State as part of its land restoration and environmental preservation efforts.
The event took place at the Ajingi Community Reserve, Kunkurawa, on Friday, August 30, 2024, marking the latest milestone in the bank’s ongoing environmental commitment.
The tree-planting scheme was launched in June to commemorate World Environment Day, with this year’s theme focusing on “Land Restoration, Desertification, and Drought Resilience.” The initiative began at Tai Solarin University of Education (TASUED) in Ijebu Ode, Ogun State, and has since expanded across the country.
Speaking at the Kano event, Mahmud Kawu, Polaris Bank’s Divisional Head for the North, represented the Managing Director/CEO and reaffirmed the bank’s dedication to sustainability. He emphasized that Polaris Bank’s environmental initiatives go beyond corporate responsibility, stating, “At Polaris Bank, sustainability is more than a catchphrase; it’s the core of who we are. We are on a dedicated journey to uphold this ethos with conviction.”
Kawu underscored the bank’s commitment to embedding Environmental, Social, and Governance (ESG) principles into its operations. He noted that Polaris Bank’s sustainability efforts are reflected in its responsible banking practices, community empowerment programs, and proactive approach to environmental challenges.
The partnership with NCF, a non-governmental organization known for its work in sustainable development and nature conservation, reinforces Polaris Bank’s dedication to promoting economic growth while preserving the environment. Kawu encouraged local residents to support the initiative, stressing that their participation would contribute to long-term environmental preservation.
“Today’s tree-planting initiative in Ajingi Community Reserve, in collaboration with the Nigerian Conservation Foundation, is a testament to our unwavering commitment to environmental sustainability,” Kawu remarked.
He further highlighted the environmental benefits of the initiative, including land restoration, the prevention of soil erosion, and the enhancement of biodiversity. “Trees play a crucial role in regulating the climate by absorbing CO2, which helps reduce overall carbon footprints. In addition to restoring degraded land, the initiative enhances the natural ecosystem and raises public awareness about environmental preservation,” he added.
Kawu concluded by reaffirming Polaris Bank’s dedication to promoting a greener future through corporate responsibility, describing the project as a symbol of the bank’s environmental stewardship and its commitment to the well-being of communities across Nigeria.