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Stanbic Bank Intensifies Climate Action with 50,000 Tree Planting Initiative

Kwamina Asomaning, Chief Executive, Stanbic Bank Ghana  Stanbic Bank Ghana has reaffirmed its commitment to environmental sustainability with a large-scale tree planting exercise aimed at supporting Ghana’s climate resilience efforts and reducing carbon emissions. The initiative, which forms part of the bank’s Environmental, Social and Governance (ESG) agenda, saw hundreds of staff participate in the planting of more than 10,000 trees at one of three designated locations across the country; Chipa, Juaso and Tamale. The exercise contributes to the bank’s broader target of planting 50,000 trees this year and one million trees in the long term. Speaking during the exercise, the Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, said the program reflects the bank’s belief that economic growth and environmental responsibility must go hand in hand. According to him, the increasing impact of climate change, rising temperatures and unpredictable weather conditions demand practical a...

Prudential Bank Staff Plant Trees to Support Tree for Life Restoration Initiative

 Management and Staff of Prudential Bank has joined the government’s forest restoration project by acquiring hectors of land at the Achimota Forest in Accra and the Chipa Forest Reserve in the Eastern region to plant trees in support of the programme. A team from the Bank was at the Achimota Forest Reserve last week to plant trees in response to the government’s call under the Tree for Life Restoration Initiative designed to rehabilitate degraded lands, mitigate climate change, and restore polluted water bodies to their natural state. The Team also took the opportunity to maintain the trees planted in the past, pruned them, loosened the soil around the plants to allow water penetration and watered the plants for growth. Speaking to the press, Executive Head, Corporate and Institutional Banking at the Bank, Edward Commey, noted that the Bank has been supporting green Ghana initiatives for the past five years and that the acquisition of the two hector land, one each at Achimota Fores...