Ecobank Lends Support to Sustainability Initiatives

Nume Ekeghe

The Managing Director, Ecobank Nigeria, Charles Kie, has restated the bank’s commitment to support initiatives that promote the protection and preservation of natural environment.

Speaking at the Lagos State 2016 Tree Planting event in Lagos recently, Kie, who was represented by Company Secretary/Chief Legal Counsel, Adenike Laoye, said it was part of the financial institution’s corporate social responsibility (CSR) philosophy to promote projects that enhance environmental sustainability.

Kie said: “Our support to Lagos State government in this initiative is in line with our business mantra and is was one of the ways to exhibit our visible, vibrant and enduring CSR to mitigate the potential adverse effects of climate change as well as offer the far reaching consequence of creating and providing an esthetic environment for a greener and healthier Lagos for years to come.”

He disclosed that the bank’s recent collaborative partnership with the United Nations Development Program (UNDP) under the UNDP/Ecobank TACC (Territorial Action Against Climate Change) initiative reduced the rate of deforestation and vulnerability in affected communities in Delta State.

Kie further commended the Lagos State government for recognising Ecobank as an environment friendly bank, saying that the bank will continue to partner government and non-governmental organizations to protect the environment.

Earlier, Lagos State Governor, Akinwunmi Ambode who was represented by the Commissioner for Environment, Dr. Babatunde Samuel Adejare, commended the bank and other partners in the project for supporting the 2016 tree planting initiatives.

He observed that the project was a strong symbol of expression of the state’s common determination and commitment to making a significant difference in the environment.

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