• Thursday, March 28, 2024
businessday logo

BusinessDay

Access Bank records 91.68% reduction in waste, donates recycling truck

Access Bank records 91.68% reduction in waste, donates recycling truck

Access Bank Plc has achieved a 91.68% reduction in waste that goes to landfill at its waste recycling locations in Quarter 3, 2017, which is an improvement from a 50 per cent reduction recorded in 2016.

The Bank has made major strides since the waste recycling project was implemented. As of 2016, the Bank recycled waste in only 0.67 per cent of its business locations versus 2017 the Bank expanded its waste recycling initiative to 11. 59 per cent of its business locations in Nigeria.

READ ALSO: Access Bank to disburse N50 billion interest-free loan for businesses

Consequently, the bank has donated a brand new Hyundai HD65 truck to its waste recycling partner Parallel Point Consult to ensure a more effective service delivery approach in the areas of waste collections and disposal.

The donation is part of the Bank’s pioneer waste recycling project which launched in 2016 and spurred the other financial institutions in Nigeria to institute recycling programs.

“It is worthy to note that Access Bank and Parallel Point Consult have jointly worked on various initiatives, training and workshops that address issues around Sustainable waste management. We therefore look forward to our journey together, confident that we will see more strategic collaborations as we continue to apply Sustainable waste management expertise and industry knowledge to take Access Bank to greater heights and to maintain its Sustainability leadership position” said Omobolanle Victor-Laniyan, head sustainability, Access Bank PLC.

READ ALSO: How Access Bank is transforming financial services landscape with digital banking

At the handover event held at the Access Bank Nigeria head office in Lagos, Amaechi Okobi, group head strategic brand management, corporate communications also said: “The environment forms part of the Sustainability pillars of Access Bank, therefore supporting an initiative that cares for our environment is something the bank is passionate about”.

“Sustainability means synergy, and our partnership with Access Bank Affirms our commitment to sustainable waste management in Nigeria and we believe this donation will further strengthen our resolve to protecting the environment,” said Adeyemi Aromolaran, sustainability program manager, Parallel Point Consult.

HOPE MOSES-ASHIKE