Bank to foster environmental stewardship

THE Standard Chartered Bank has expressed determination to foster a culture of environmental stewardship within its organisation and the nation at large.

The bank made the statement over the weekend when it launched activities to clean up Kibo Beach in Dar es Salaam at the weekend to mark the World Environment Day yesterday.

“The beach clean-up initiative reflects our unwavering commitment to the environment and sustainability,” said Herman Kasekende, Bank’s Chief Executive Officer.

“At Standard Chartered Bank, we have always been driven by a sense of responsibility towards sustainable business practices. We acknowledge that our success is intricately linked to the well-being of the communities in which we operate.”

Ahead of World Environment Day, the financial institution dedicated to sustainability and corporate social responsibility organised its first beach clean-up event of the year at Kibo Beach.

More than 120 Standard Chartered Bank staff members participated in the three-hour exercise of collecting plastic waste.

This initiative aims to reduce the amount of plastic waste dumped into the ocean and serves as an important prelude to the bank’s ongoing efforts to support and promote environmental sustainability.

The bank consistently integrates sustainable practices into its operations and encourages its employees to be agents of change.

“By engaging in meaningful activities like beach clean-ups, the bank aims to mitigate the effects of environmental degradation and promote sustainable living,” he said.

Throughout the years, the bank has implemented several environmental initiatives, including a significant investment in digital banking to minimise its carbon footprint, resulting in 90 per cent of transactions being conducted digitally and eliminating queues in branches.

On his part, Recycling Company operation manager Javan Jerome said; “When we clean the environment we reduce the possibility of being affected by it as well as protecting it.”

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