Stanbic Bank, Total Uganda, Roofings launch drive to plant 150,000 fruit trees

Business

Stanbic Bank, Total Uganda and Roofings have announced a tripartite partnership to support over 250 secondary schools to plant at least 150, 000 fruit trees in a bid to redevelop Uganda’s receding forest cover.

Under the tripartite agreement, at least 250 secondary schools will collectively plant 110, 000 fruit trees in their respective school spaces which will ultimately support the children’s nutrition needs while conserving the environment.

Employees of Stanbic Bank Uganda and Total Uganda will also collectively plant 40, 000 fruit trees making a total of 150,000 before the end of the 2021.

According to data from the National Forestry Authority (NFA), the country loses on average 122,000 hectares of forest cover annually.

According to the officials, since 2020 Stanbic Bank has supported communities to plant over 25000 trees through its annual National Schools Championship (NSC) a programme implemented as part of the bank’s sustainability agenda.

The bank is also part of another multi-partner media campaign dubbed “Taasa Obutonde” championed by Next Media Services.

Speaking shortly before signing the tripartite, Anne Juuko, Stanbic Uganda chief executive officer said together, they shall more than triple their efforts in this long-term struggle to save the environment.

"Strategic Partnerships, as per SDG 17, are vital if we are to realize all the goals before the 2030 deadline, we hope that Stanbic’s partnership with Total Uganda and Roofings will inspire many more local corporate partnerships to support Uganda’s Goals’ Agenda," she noted.

Daniel Mayieka, the managing director of Total Uganda said, the partnership reinforces the group’s new climate ambition aimed at getting emissions to net-zero by 2050.

Roofings group executive director Nashila Lalani said the partnership will help reinforce the group’s Ubuntu efforts that are deeply embedded within its corporate social investment programme implemented through the Forever Forestry Initiative.

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