Prime Business Africa
Nigerian banks are increasingly prioritizing environmental sustainability and climate action, with Sterling Bank leading the charge.
The bank, in collaboration with Sterling One Foundation, Sunbeth, and government agencies, organized a nationwide Environmental Cleanup and Beach Adoption exercise, covering 17 states and engaging hundreds of volunteers.
The initiative, which spanned 17 states, including Wuse Market in Abuja and Alpha Beach in Lagos, aimed to combat plastic and waste pollution and promote environmental awareness. Volunteers, environmental experts, and government representatives came together to remove waste, promote recycling, and advocate for responsible waste disposal practices.
Join our WhatsApp ChannelTunde Akande, Business Executive, Institutional Banking, Sterling Bank, emphasized the importance of sustained local participation in maintaining a clean and safe environment. Engr. Braimah Osilama, Director of the Abuja Environmental Protection Board, highlighted the partnership-driven initiative’s vital role in long-term environmental progress.
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Sterling Bank’s Sterling Environmental Makeover (STEM) program, now over a decade old, demonstrates its long-term dedication to environmental causes. Other banks, such as First City Monument Bank, Diamond Bank, and United Bank for Africa, are also intensifying their support for agriculture and environmental sustainability .
The Central Bank of Nigeria has been promoting sustainable banking practices, including the Nigerian Sustainable Banking Principles. These efforts indicate a growing trend among Nigerian banks to prioritize environmental sustainability and climate action.
