Stanbic Bank, Total Uganda, and Roofings have established a three-way cooperation to help over 250 secondary schools plant at least 150, 000 fruit trees in an effort to restore Uganda’s dwindling forest cover.
At least 250 secondary schools will collectively plant 110, 000 fruit trees in their separate school grounds as part of the tripartite agreement, which will ultimately satisfy the children’s nutritional needs while also saving the environment.
Employees of Stanbic Bank Uganda and Total Uganda will plant a total of 150,000 fruit trees by the end of 2021.
The National Forestry Authority (NFA) reports that the country loses an average of 122,000 hectares of forest cover each year.
Stanbic Bank has helped communities in planting over 25000 trees through its annual National Schools Championship (NSC), a program created as part of the bank’s environmental goal, according to officials.
The bank is also a partner in Next Advertising Services’ multi-partner media campaign entitled “Taasa Obutonde.”
Anne Juuko, Stanbic Uganda’s chief executive officer, said they would more than increase their efforts in the long-term fight to conserve the environment if they signed the tripartite.
“Strategic partnerships, as defined by SDG 17, are critical if we are to achieve all of the goals by 2030,” she said. “We believe that Stanbic’s relationship with Total Uganda and Roofings will encourage many more local corporate partnerships to promote Uganda’s Goals’ Agenda,” she added.
According to Daniel Mayieka, general director of Total Uganda, the agreement strengthens the company’s new climate objective of achieving net-zero emissions by 2050.
Nashila Lalani, executive director of the Roofings Group, said the alliance will support the company’s Ubuntu efforts, which are deeply ingrained in its corporate social investment program, the Forever Forestry Initiative.