World Environment Day: FCMB restates commitment to environmental sustainability

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Through the years, FCMB, under its Corporate Social Responsibility (CSR) philosophy, has maintained active participation in the WED.

The institution does this by organizing and hosting various educative programmes, in partnership with the Nigeria Conservation Foundation and other stakeholders. For this year’s edition, the Bank mobilised staff, hundreds of students and young Nigerians nationwide to plant trees in the six geopolitical zones of the country, as part of its “Go Green” initiative.

The Bank’s sustainability agenda is underpinned by the nine pillars of the Nigerian Sustainable Banking Principles developed and adopted by the Bankers’ Committee in 2012. The NSBPs encourage Banks to promote economic growth, business opportunities, and enhance innovation and competitiveness, whilst protecting communities and the environment in the course of daily activities.

Speaking on FCMB’s commitment to environmental sustainability and the WED, the Group Head, Corporate Affairs, Diran Olojo, stated that these interventions are part of the Bank’s progressive journey and contribution towards making the world a better place. According to him: “We are aware that climate change is one of the defining issues of our generation, threatening the existence and development of humanity and businesses. In Nigeria, the devastating effects of climate change are being felt through land degradation, deforestation, drought, flood, high temperature, migration, low agricultural output, unemployment, among other, negative effects.

FCMB has over the years driven and offered significant support to initiatives that would ensure environmental protection and sustainability. The Bank executes these through robust policies and procedures embedded in its Social and Environmental Management System .

 

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