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By Adedapo Adesanya
In commemoration of the 2023 World Setting Day, noticed yearly on June 5, Polaris Financial institution, one in every of Nigeria’s main digital monetary establishments, has restated its dedication to environmental sustainability within the nation.
The annual occasion is led by the United Nations Setting Programme (UNEP), which is noticed globally to encourage consciousness and motion for the safety of the atmosphere. This yr marks the fiftieth anniversary of the occasion.
The theme of the 2023 World Setting Day was Options to plastic air pollution, with the hashtag #BeatPlasticPollution.
Plastic air pollution is a serious environmental drawback. Yearly, hundreds of thousands of tons of plastic waste find yourself in our oceans, landfills, and waterways. This plastic can hurt wildlife, pollute our air and water, and contribute to local weather change.
Particularly, and consistent with the theme of the 2023 World Setting Day, Polaris Financial institution stated it’s taking proactive measures to handle challenges of waste administration and plastic air pollution whereas supporting the United Nations’ Sustainable Growth Objectives (SDGs), Nigerian Sustainable Banking Rules (NSBPs) and United Nations Setting Programme Finance Initiative (UNEP FI’s) Rules of Accountable Banking
Polaris Financial institution, as a part of its environmental sustainability focus, stated it has invested in waste administration, plastic assortment, renewable power adoption, training, inclusivity, and carbon discount. The Financial institution contributes to people’ wants and societal objectives by implementing sustainable practices and pointers whereas guaranteeing a accountable and environmentally aware enterprise technique.
“In managing the environmental affect of its actions, Polaris Financial institution has made vital efforts to scale back carbon emissions and dependence on fossil fuels. By means of utilizing photo voltaic power to energy safety lights, some ATMs and enterprise places, and implementing automated methods and digital options to paper output, the financial institution actively mitigates waste era and reduces its carbon footprint.
“Polaris Financial institution has streamlined its car fleet to additional minimise its carbon footprint, whereas most conferences and engagement are held just about. By prioritizing sustainable power sources and increasing its community of ATMs, together with prestigious off-site places, the financial institution ensures handy and eco-friendly entry to banking companies.”
The lender took its dedication a step additional by partnering with some organizations to assist it present clear water and sanitation in some communities. Its Company Social Accountability (CSR) initiatives are clearly spelt out to mirror adherence to environmental sustainability.
“Moreover, by means of partnerships with organizations just like the United Nations Affiliation of Nigeria (UNAN), we contributed to offering clear water and enhanced sanitation to native communities in Lagos state.
“We additionally partnered with the non-profit group Evolve to launch the Lady Little one Schooling and the Setting CSR program. This initiative strives to maintain the woman little one at school and educated, thereby lowering early marriages and inhabitants explosion, which impacts the Local weather.
“This empowers underprivileged women by means of training, offering them with college provides and private improvement instruments. By supporting over 3,000 feminine college students from 12 secondary faculties nationwide, Polaris Financial institution fosters particular person progress and conjures up constructive contributions to society.
“Polaris Financial institution’s dedication to environmental sustainability is a key element of its broader imaginative and prescient to create a constructive and lasting affect on society. As a part of the commemoration of the 2023 World Setting Day, the Financial institution has established devoted plastic assortment hubs throughout its branches in Lagos. These hubs function handy drop-off factors for accountable disposal of plastic waste for onward recycling whereas empowering people and communities to actively take part in lowering plastic air pollution.”
On its half, Union Financial institution of Nigeria partnered with the Nigerian Conservation Basis (NCF) to rejoice the day.
To create consciousness of environmental accountability and encourage collective motion, Union Financial institution workers, along with the Nigerian Conservation Basis, volunteered to coach college students at Aguda Junior Grammar Faculty, Surulere, Greg Women Junior Excessive Faculty, Surulere, and Okun Ajah Group Senior Secondary Faculty, Okun Ajah.
The scholars have been educated on the detrimental results of plastic air pollution on the atmosphere, highlighting the significance of lowering plastic consumption, reusing plastic, and sensible ideas for sustainable recycling.
The financial institution additionally donated waste bins to every college to encourage recycling and make it simpler for college kids to do their half in lowering plastic waste.
Talking on the Financial institution’s actions to mark World Setting Day, Union Financial institution’s Chief Model and Advertising and marketing, Ms Olufunmilola Aluko, stated, “At Union Financial institution, we’re resolute in our dedication to being a sustainability champion. This yr’s deal with tackling the pervasive problem of plastic air pollution resonates deeply with our dedication to environmental sustainability.
“We proudly accomplice with NCF to coach college students on options to beat plastic air pollution. By elevating consciousness and advocating for accountable plastic waste administration, we will collectively and considerably protect our planet for future generations.”
With its focus set on the long run, Union Financial institution stated it dedicated to main the way in which in shaping a greater, extra sustainable future for generations to return.
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