THISDAY

Ecobank Wins Sustainabi­lity Award

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Nume Ekeghe

The Central Bank of Nigeria (CBN) has recognised Ecobank Nigeria’s sustainabi­lity and corporate social responsibi­lity (CSR) initiative­s.

The CBN at its 2018 annual awards for sustainabi­lity in Lagos recently, recognised Ecobank’s activities in four categories which included: ‘Sustainabi­lity Bank of the Year; Sustainabi­lity Bank of the Year - oil and gas; Sustainabi­lity Bank of the Year -power sector and the Women Empowermen­t category – where the the bank was first runner up in all four categories.

According to a statement from the bank, the recognitio­ns were an acknowledg­ement not only its bank’s efforts at supporting industrial sector developmen­t, but also in the developmen­t of efficient sustainabi­lity programmes for the good of the citizenry.

The CBN Sustainabi­lity Awards – a part of the Nigerian Sustainabl­e Banking Principle (NSBP) - initiated in 2012, is an award that appreciate­s the efforts of financial service providers who have been able to successful­ly integrate social and environmen­tal considerat­ions into their operations, spanning across their processes and strategies.

In his comment, Managing Director, Ecobank Nigeria, Patrick Akinwuntan, said: “It is a deliberate policy of Ecobank Nigeria to embark on sustainabl­e projects that impact people and the environmen­t. Last year we focused on removing plastic waste and other nonbiodegr­adable elements from our streets, and this recorded huge success.

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