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Kampala, Uganda | THE INDEPENDENT | Stanbic Bank, Total Uganda and Roofings have announced a tripartite partnership to support over 250 secondary schools to plant at least 150,000 trees in a bid to redevelop Uganda’s receding forest cover.
The three corporate entities signed the MoU for this initiative at Stanbic Bank Headquarters in Kampala yesterday – Sept.08.
Under the tripartite, at least 250 secondary schools will collectively get 110,000 trees to kick start the campaign that will see them forest their respective school compounds.
Employees of Stanbic Bank Uganda and Total Uganda will also collectively plant 40,000 trees, to make a total of 150,000 before the end of 2021.
“We welcome this corporate partnership with Total Uganda and Roofings, together, we shall more than triple our efforts in this long-term struggle to save our environment,” said Anne Juuko, Stanbic Bank Uganda Chief Executive Officer.
Juuko added that the campaign also aims at contributing towards realising the Sustainable Development Goals (SDGs) 13 and 15, which respectively call for concerted efforts to mitigate climate change and sustainable life on land.
Daniel Mayieka, the managing director of Total Uganda said, the partnership reinforces the group’s new climate ambition aimed at getting a net-zero by 2050 together with society, a goal aligned with the organisation’s purpose to provide energy that is more reliable, affordable, and clean to as many people as possible.
Roofings Group Business Development Manager, Stuart Mwesigwa said, the partnership helps reinforce the Group’s re-wilding and Ubuntu efforts that is deeply embedded within its Corporate Social Investment programme.
“We are therefore facilitating the Stanbic National Schools Championship program in regreening hundreds of schools which in turn provides environmental stability for the generations that will come after us,” he said.
