Wastebanc to strengthen environmental sustainability- Sterling Bank

Date:

Share post:

Managing Director Sterling Bank Mr Abubakar Suleiman says the bank’s wastebanc initiative will strengthen environmental sustainability and provide money to the hands of people.

Suleiman stated this in an interview with newsmen on the sidelines of an event to mark World Environment Day (WED) in Lagos.

The WED, which is marked globally on June 5, is loaded with week-long activities by individuals, government and companies to be intentional about caring for the environment.

The theme for the 2023 WED was “Solutions to Plastic Pollution.”

Suleiman said that the bank was building a wastebanc to provide money in the hands of people.

According to him, with the concept of Wastebanc, the bank is creating a system that will reward employees and the general public who are committed to environmental consciousness.

He said that plastics should no longer be seen as waste but an economically viable object that could generate wealth if it was reused, reduced and recycled.

The managing director said that plastic pollution severely threatens the environment, ecosystems, and the well-being of present and future generations.”

He said: “Our responsibility as individuals is to take bold and decisive actions today that will contribute to a sustainable future.”

“We must prioritise awareness to ensure the community understands the impact of plastic waste and are empowered to make sustainable choices.

“We must demonstrate a commitment to reducing, reusing, and recycling plastic materials,” Suleiman said.

He said that sterling bank had partnered with the Lagos State Government in the last 14 years to clean up the environment.

“We started with people who are on the street by supporting them.

“Our latest initiative is for people not to see the plastic as a waste but what they can turn into income,” Suleiman said.

He urged Lagos residents to be bold and intentional in caring for the environment.

On the area of renewable energy, Suleiman said that with the completion of its solar powered headquarters in Marina, the bank had shown commitment to clean and safe renewable energy alternative to power.

He said that the bank had also been open to organisations interested in studying its renewable energy model for its head office. 

Sterling bank organised a clean up exercise on Saturday in collaboration with Sterling One Foundation, and other partners to clean Elegushi Beach.

spot_img

Related articles

The Forgotten Papacy: Why modern Africa still waits for a Pope

By Chioma Madonna Ndukwu The sun rises over Africa, lighting up cathedrals in Kinshasa, chapels in Kigali, and basilicas...

Rivers Sole Administrator, Ibas, eulogises NYSC programme

Nonwa-Gbam, Nigeria - The Sole Administrator of Rivers State, Retired Vice Admiral Ibok-Ete Ibas, has eulogised the National...

Why Sterling Oil (SEEPCO) initiates blood donor club

Sterling Oil Exploration and Energy Production Company Limited (SEEPCO) since inception has been committed to providing its employees...

Applause as UNILAG’s IADS presents scorecard at maiden Open Day

The Institute of African and Diaspora Studies (IADS) University of Lagos, has restated its commitment in pushing the...