Heritage Bank promotes CBN’s sustainable development in business operation

Heritage Bank Plc has recorded positive impact in the implementation of the Central Bank of Nigeria (CBN) initiative on Nigeria Sustainable Banking Principle (NSBP) by giving its backing to greener environment in order to deliver positive development effects to society and business, while protecting the communities and environs in which it operates and the customers.

The bank partnered the promoter of the Redball initiative, themed: “Going Green” to canvass for tree planting in order to contain environmental pollution and promote the sustainable development of the nation.

Speaking at the event, the Managing Director /Chief Executive Officer of the bank, Ifie Sekibo emphaisied that Heritage Bank at the forefront of implementing the NSBP is carrying out banking operational and business activities, with conscious consideration for the environmental and social impacts of those activities. 

The Managing Director who was represented by the Directorate Head, South South and South East, Osepiribo Ben-Willie said trees play a key role in neighbourhood landscapes, a belief that has been widely held for millennia in areas beyond Sub-Saharan Africa.

He, however, warned against cutting of trees or plants and burning of vegetation.

Sekibo said we consistently cut down trees to make boats, plywood and all kind of things for comfort and don’t think about replenishing them, remarking that they are actually exhaustive, they are not inelastic and there is need for deliberate steps to be taken to replenish them.

He added that, “we seemed to forget that our lives as Nigerians/Africans started with the land. If we don’t take care of the land, the land will take care of us, the land does not need us, and we need the land to take care of us. Afforestation is one of the ways to take care of the land and we need to talk about carbon credit because we need to find a way to make money.”

Sekibo disclosed that Heritage Bank had been championing the implementation of sustainable banking both in their internal daily operations (in terms of how they manage their physical branches/locations, human capital, costs, opportunities, risks exposures) and their activities relating to external interactions with their clients and the types of projects they fund. 

The Convener of Redball and Editor-in-Chief/Chief Operating Officer of Eve-Afrique magazine, Mrs. Ivy Davies Etokakpan commended Heritage Bank for its relentless support to sustainable and greener environment and, to the growth of Rivers State.

She earlier disclosed that this year’s Red ball has its theme as ‘Going Greener’ with the primary focus being on the environment and air pollution in collaborating with Heritage Bank and other NGOs which include African centre for Environmental protection and Clean Cyclers.

The organizer and those who participated called on all sectors and individuals to reduce all footprints of air pollution. They seek to encourage the general public to join hands and support in line with the event theme; plant more trees and go greener this year

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