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Leading West African Commercial and Industrial solar power and cooling provider, Starsight says Ecobank is well placed to be the market leader in the establishment of “Green Branches’ across the country.
According
to Starsight, it has so far delivered more than 100 branch facilities with its
market leading renewable energy solutions, reducing Ecobank Carbon footprint
and making Ecobank one of the market leaders in the implementation of
renewables in the Nigerian Banking sector.
It
went further to state that Ecobank is well placed to be the market leader in
“Green Branches’ with an addition 50 Branches scheduled to go live in Q1 2021.
Presenting
the Starsight Renewable Energy Sustainability Award for 2020 to Ecobank in
Lagos, Teme Jack, Head Sales, SMEs, Starsight Energy, lauded the commitment of
Ecobank towards application of renewable solutions thereby reducing carbon
footprints, stressing that the award was well deserving.
She
was very optimistic that Starsight partnership with Ecobank would further go a
long way to environmental sustainability.
“Our
partnership with Ecobank has delivered an outstanding result in a short window
time and we look at forward to expanding our partnership in Nigeria and other
geographical regions of operations”
Receiving
the award, Kola Adeleke, Ecobank Nigeria Executive Director, Corporate Banking
said “sustainability remains an essential part of Ecobank’s mission and vision
of building a world-class Pan-African bank.
Our
long-term success is intertwined with the sustainable actions that supports the
development of Nigeria and Africa as a continent as Ecobank is focused on
mainstreaming environmental and social best practices in its operations and has
adopted various Environmental and Social Governance (ESG) frameworks including
the Nigerian Sustainable Banking Principles (NSBP) as benchmarks for measuring
its environmental stewardship.
We
have been in partnership with Starsight Energy to deliver a market-leading
renewable energy solution across our branches in Nigeria, they have delivered
over 100 branches facilities with renewable energy solution, thereby reducing
our carbon footprint and making Ecobank one of the market leaders in the
implementation of Principle 2 of Nigeria Sustainable Banking initiative”. He
stated.
Further,
Mr. Adeleke reiterated that to “Ecobank Group Sustainability framework is
focused on four thematic areas which includes: Economic Transformation,
Environmental Sustainability, Socially Responsible Financing and Human Capital
Development. These focus areas are aligned with the tenets of the Nigerian
Sustainable Banking Principles (NSBP).
Besides,
Ecobank is signatory member of a number of Environmental, Social and Governance
(ESG) framework including the Equator Principles and the United Nations Global
Compact. We have set a target of achieving the goals as regard SDG/Climate
change and society’s wellbeing. For instance, the Bank is committed to taking
bold steps to reducing our carbon footprint, demonstrated in carbon emission
from our business operations, travels, paper use and office waste disposal.
We
further commit to invest in energy efficiency by incorporating the use of
renewable energy products and practices, design architecture for energy
efficient building in new branch expansions, including retrofitting programmes;
as well as mainstreaming sustainable practices in third party contractor’s
agreement for supply and procurement activities.”
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