By using this site, you agree to the Privacy Policy and Terms & Conditions.
Accept
Okay.ngOkay.ngOkay.ng
Font ResizerAa
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Reading: Polaris Bank Commits to Environmental Sustainability on World Environment Day
Share
Font ResizerAa
Okay.ngOkay.ng
  • News
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Search
  • News
    • Politics
  • Entertainment
  • Business & Economy
  • Sport
  • Tech
Follow US
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
© OKN MEDIA PUBLISHING 2022 - All rights reserved
Featured

Polaris Bank Commits to Environmental Sustainability on World Environment Day

Muhammad A. Aliyu
By Muhammad A. Aliyu
Published: June 5, 2023
Share
4 Min Read
SHARE

In a bold move to prioritize environmental sustainability, Polaris Bank, Nigeria’s leading digital financial institution, has reaffirmed its dedication to combatting plastic pollution and waste management.

The announcement comes ahead of the 2023 World Environment Day, a global event organized by the United Nations Environment Programme (UNEP) to raise awareness and encourage action for environmental protection. This year marks the event’s 50th anniversary.

Under the theme “Solutions to plastic pollution” and the hashtag #BeatPlasticPollution, the 2023 World Environment Day highlights the urgent need to address the pervasive issue of plastic waste.

Each year, millions of tons of plastic find their way into oceans, landfills, and waterways, causing harm to wildlife, polluting the environment, and contributing to climate change.

- Advertisement -

Aligned with this year’s theme, Polaris Bank has proactively undertaken measures to tackle waste management and plastic pollution while supporting the United Nations’ Sustainable Development Goals (SDGs), Nigerian Sustainable Banking Principles (NSBPs), and the United Nations Environment Programme Finance Initiative (UNEP FI’s) Principles of Responsible Banking.

As part of its comprehensive environmental sustainability focus, Polaris Bank has made significant investments in waste management, plastic collection, renewable energy adoption, education, inclusivity, and carbon reduction.

By embracing sustainable practices and guidelines, the Bank ensures a responsible and environmentally conscious business strategy that meets the needs of individuals and aligns with societal goals.

One notable aspect of Polaris Bank’s environmental initiatives is its concerted effort to reduce carbon emissions and dependence on fossil fuels.

- Advertisement -

By utilizing solar energy to power security lights, select ATMs, and business locations, the Bank actively mitigates waste generation and reduces its carbon footprint. Additionally, the Bank has implemented automated systems and digital alternatives to minimize paper output.

To further shrink its carbon footprint, Polaris Bank has streamlined its vehicle fleet and transitioned most meetings and engagements to virtual platforms.

By prioritizing sustainable energy sources and expanding its network of eco-friendly ATMs, including prestigious off-site locations, the Bank ensures convenient and environmentally friendly access to banking services.

Moreover, Polaris Bank has taken its commitment to environmental sustainability beyond its own operations.

The Bank has forged partnerships with various organizations to support clean water and sanitation projects in local communities.

Through collaborations with entities such as the United Nations Association of Nigeria (UNAN), Polaris Bank has made significant strides in providing clean water and enhanced sanitation facilities in Lagos state.

In a bid to empower underprivileged girls and promote education, Polaris Bank has joined forces with the non-profit organization Evolve to launch the Girl Child Education and the Environment CSR program.

This initiative aims to keep girls in school, reduce early marriages, and mitigate population growth, thereby positively impacting the climate.

Through this program, Polaris Bank supports over 3,000 female students from 12 secondary schools nationwide, fostering individual growth and inspiring positive contributions to society.

As part of the commemoration of the 2023 World Environment Day, Polaris Bank has established dedicated plastic collection hubs across its branches in Lagos.

These hubs serve as convenient drop-off points for responsible disposal of plastic waste, facilitating its onward recycling.

By promoting active participation from individuals and communities, Polaris Bank empowers everyone to contribute to the reduction of plastic pollution.

Stay Updated on the Go with Our Latest News—Join Our WhatsApp Channel Now!
TAGGED:Polaris Bank
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Copy Link Print
ByMuhammad A. Aliyu
Follow:
Muhammad Ameer Aliyu, is a prolific journalist who joined Okay Nigeria in 2015 with the aim staying committed to bringing more positive growth to the digital news platform. He is the Senior Editor at Okay Nigeria.
Previous Article Chairman, Transcorp Group, Tony O. Elumelu, CFR, planting a tree at Transcorp Hilton Abuja to commemorate World Environment Day 2023. Transcorp Hotels Plc Champions Sustainability and Environmental Stewardship with Tree Planting Ceremony
Next Article Stephen Oronsaye Former Head of Service, Stephen Oronsaye, Acquitted of N2bn Fraud Charges

Connect with Okay on Social

FacebookLike
XFollow
InstagramFollow
TelegramFollow

Dollar/Naira Rates

Dollar to Naira Exchange Rate

Okay.ng Logo
Buy Rate ₦1,605.00
Sell Rate ₦1,620.00

Last updated: 3 days ago (June 3, 2025 2:33 pm)

Displayed rates are for informational purposes only and are subject to change.

USD/NGN Converter

- Advertisement -
- Advertisement -
Ad imageAd image
- Advertisement -
Ad imageAd image

Recent Posts

Manchester United Raises Annual Core Profit Forecast to Between £180m and £190m After Europa League Boost
Sport
Ange Postecoglou
Tottenham Hotspur Part Ways with Ange Postecoglou Despite Europa League Glory
Sport
Dangote Names Main Refinery Access Road “Bola Ahmed Tinubu Road” in Honor of President
News
L-R: Ify Okoye, Digital Creator; Linda Ejiofor-Suleiman, Actress; Stella Erebor, Head Internal Audit, Nigerian Communications Commission; Emanuella Samuel, Comedienne/Actress, Sylvia Musalagani, Safety Policy Manager, Africa, Middle East & Turkey (AMET), Meta, and Nicole Chikwe, founder of The Mummy Summit, during the launch of Instagram teen accounts in Lagos on Wednesday, June 4, 2025
Meta Launches Teen Accounts on Instagram in Nigeria to Enhance Online Safety for Young Users
Tech
President Tinubu and Top Officials Attend Eid-el-Kabir Prayers in Lagos, Emphasize Peace and Progress
News
- Advertisement -
Ad imageAd image

You May Also Like

International

Elon Musk’s Net Worth Plummets $34 Billion Amid Explosive Feud with Donald Trump

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
PoliticsTop stories

BREAKING: Akwa Ibom Governor Pastor Umo Eno Defects from PDP to APC in Strategic Political Shift

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
NewsTop stories

BREAKING: Former Chief Justice of Nigeria, Mohammed Uwais, Passes Away at 89

Oluwadara Akingbohungbe
Oluwadara Akingbohungbe
June 6, 2025
Okay.ngOkay.ng
Follow US
© OKN MEDIA PUBLISHING 2025 - All rights reserved
  • About Okay.ng
  • Advertising on Okay.ng
  • Contact Okay.ng
  • Careers
  • Meet the Team behind Okay.ng
  • Ownership and Funding of Okay.ng
  • Editorial Principles at Okay.ng
adbanner
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?