Stanbic Bank Ghana has demonstrated its commitment towards environmental sustainability and a greener environment with a tree planting exercise at the Chipa Forest Reserve at Agomeda in the Greater Accra region. Seedlings planted were cassia, acacia, mahogany, raintree. Staff of the bank also planted shea seedlings in the Tilli community near Zebila in the Upper East Region, Lilixia community near Tumu in the Upper West Region and the Nyeko community near Nanton in the Northern Region. In all 2,115 seedlings were planted nationwide.
The initiative forms part of the brand’s broader sustainability efforts and its ESG goals aimed at helping the country reach net zero by 2030.
Speaking on the grounds of the tree-planting exercise, Felicity Osafo Sampong, Chief Risk Officer, of Stanbic Bank Ghana explained the reasons behind the exercise. She said, “The issue of global warming and climate change is an important topic that is being discussed across the world. As a leading bank, it is necessary that we not only lend our voice to the conversation but get on the ground and put in the work to contribute towards a greener future. That is why we are undertaking this tree planting exercise not only here in Agomeda but also in Tamale, Bolgatanga, and Wa. In our daily activities, we all emit carbon dioxide and being aware of the role plants play in absorbing carbon dioxide, we decided to plant trees to help mitigate our carbon emissions.”
“At Stanbic Bank, we have signed up for several initiatives to support sustainability in Ghana geared toward our goal of reaching net zero by 2030. This means that we will ensure that all our activities that emit carbon will be equally balanced by activities that reduce carbon. This is only a few years away and we need to do more to make this possible. Today, we have been able to plant a hectare of trees and we will return annually to plant even more trees and nurture them to ensure that they grow,” she added.
Francis Ayisi, Head, of ESG and Sustainability, Stanbic Bank Ghana also called on Ghanaians to join in the fight against global warming and climate change. He said, “The issue of climate change and sustainability is a universal one that involves every one of us as Ghanaians. At Stanbic Bank, we believe that Ghana is our home and we drive her growth. That is why I encourage everyone to join the initiative and start adopting a more sustainable way of living. Even if you do not go to a forest reserve to plant, you can plant a tree in your own home. Together, let us plant the seeds of change today, one tree at a time.”
. Over the years Stanbic Bank Ghana has shown support for promoting sustainability and combating climate change in Ghana through several initiatives such as their sponsorship of the Ghana Garden and Flower Show for the past 11 years. Recently, Stanbic Bank Stanbic became the first bank in Ghana to join IFC’s climate finance advisory program to improve the bank’s capability to extend climate-smart investments.