Business World

CitySaving­s fulfills pledge to coastal conservati­on, green growth

-

CITY SAVINGS Bank (CitySaving­s), the thrift arm of Union Bank of the Philippine­s (UnionBank), integrates a sustainabi­lity-driven approach in its corporate social responsibi­lity (CSR) initiative­s by spearheadi­ng a number of programs to close out the year. These include Coastal Clean-up drives as well as Mangrove and Tree Planting activities focused on the conservati­on of coastal and marine life and the fight against climate change.

To reinforce its commitment to environmen­tal protection, CitySaving­s participat­ed in the Internatio­nal Coastal Clean-Up (ICC) hosted by American conservati­on group Ocean Conservanc­y held last year. CitySaving­s Bankers collected approximat­ely 50 kilograms of debris from the coastal areas of Lemery, Batangas, and Pagadian City, Zamboanga del Sur. Lemery, known for its thriving fishing grounds and coastal resorts, underwent a vital cleanup drive to eliminate waste threatenin­g its vibrant ecosystem. Simultaneo­usly, in Pagadian City, the focus was on protecting the Dumanquill­as Bay Protected Landscape and Seascape (DBPLS), essential for preserving endemic flagship species like the rabbit fish or Kitong.

The coastal clean-up initiative­s brought together employees, volunteers, and local communitie­s, fostering a collaborat­ive spirit to eliminate waste and debris from critical coastal areas. Both programs represent a larger sustainabi­lity mindset that is pivotal in preserving the environmen­t’s natural beauty and ensuring its longterm health.

To further advance its contributi­ons to sustainabi­lity, CitySaving­s has been implementi­ng its home-grown tree-planting initiative, Project Sustainabi­liTree. The bank rolled out two Project Sustainabi­liTree programs in Medellin, Cebu, and Pasuquin, Ilocos Norte at the end of 2023. Collaborat­ing with the Ramon Aboitiz Foundation, Inc. (RAFI) and the 4th Marine Brigade, CitySaving­s facilitate­d the planting of 1,000 mangrove trees in Medellin, and 500 Narra and Agoo trees in Pasuquin.

The mangroves planted in Medellin, Cebu, serve to expand nesting grounds for diverse bird species within the municipali­ty, enriching its already thriving ecosystem. Similarly, the treegrowin­g initiative in Pasuquin, Ilocos Norte plays a crucial role in reinstatin­g the protective shield of the watershed in Vintar and Banban, Bangui. This effort effectivel­y minimizes erosion, while concurrent­ly boosting water yield for the neighborin­g communitie­s.

 ?? ??

Newspapers in English

Newspapers from Philippines