Business
UBA reaffirms commitment to environmental preservation, flags off tree planting campaign
Following the footsteps of its Chairman, Tony Elumelu, the UBA Foundation has reaffirmed its commitment to environmental preservation in line with global efforts to mitigate climate change and advance ecological conservation.
As part of activities to ensure the safety of the environment and in line with its environmental mandate, the Foundation on Thursday, flagged off its 2023 Tree Planting Campaign in partnership with the Lagos State Parks and Garden Agency (LASPARK), at the UBA Foundation Garden, Marina Lagos and the International Airport Setback Garden, Ikeja Lagos; and across all its locations in the 20 African countries with the theme: Shades of Hope: One Tree at a Time.
UBA’s Group Managing Director, Oliver Alawuba, who flagged off the campaign with a symbolic tree planting at the UBA Foundation Garden, Marina Lagos, said that the bank, through its Foundation, actively engages in environmental conservation to safeguard the natural ecosystems that Africa depends on.
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He explained that by partnering with stakeholders and government agencies, the UBA Foundation supports programs that enhance biodiversity and ecosystem health and also serves as an inspiration for sustainable practices.
Alawuba said; “With the ongoing heatwave that has been reported across the United States, United Kingdom and China, we know that the issue of climate change has to be taken seriously now more than ever. We therefore have to act fast to save our planet for the future generations. There is the need to conserve our environment, and planting trees is one of the ways we can achieve this
“To us as a bank, this is very symbolic as we are committed to saving our host communities. We are very strong on our Corporate Social Responsibilities, infact, as a bank, UBA devotes one percent of its annual profit to improve education, the environment, and to generally give back to the society where we operate.”
Earlier this month in London, the Group Chairman, UBA, Tony Elumelu, who is also the Founder of the Tony Elumelu Foundation joined King Charles III of the United Kingdom and US President Joe Biden at the Climate Finance Mobilisation Forum to help attract a new generation of capital to combat climate change.
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Elumelu, who has been in the forefront of sustainability efforts in Africa, and also one of Africa’s most prominent advocates for equitable climate finance, has been working with top world leaders towards creating sustainable climate solutions. According to Tony Elumelu, the world needs bold actions and innovative new partnerships between public, private, and philanthropic actors.
One of the key partners with UBA Foundation on its sustainability efforts is LASPARK. The General Manager, Mrs Adetoun Popoola, who was at the tree planting effort in Lagos, commended UBA for its efforts at planting over 1,000 trees, across all its branches in Africa, as she added that initiatives such as these complement government efforts.
She said; “Collaborations such as these are important, and we do not fail to let people know that planting trees is very crucial to build a safer and sustainable environment which is important for us.
“So, we advise that people should learn to plant trees for special events, such as weddings, birthdays, anniversaries and others, you can plant at your balconies, gardens, rooftops galleries, anywhere.”