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United Bank for Africa (UBA) a Nigerian tier-one lender has re-iterated its focus of integrating Environment, Social and Governance (ESG) practices into every aspect of its operations.
As a result, in 2024, UBA planted 4,550 seedlings across various locations.
“This initiative has the potential to offset approximately 212,000 kg of carbon emission, contributing to a greener and more sustainable future,” UBA Group Chairman, Mr. Tony Elumelu said at the banks 65th Annual General Meeting.
UBA’s Read Africa Initiative has also distributed over 13,000 books to youth across the African continent, helping to rekindle the reading culture.
“These efforts reflect our dedication to environmental stewardship, financial inclusion, and social progress,” Elumelu said.
UBA was recognized as the Bank of the Year in five of the 20 countries where it had operations in Africa by Bankers Magazine. The winners are UBA Kenya, UBA Burkina Faso, UBA Ghana, UBA Mali, and UBA Zambia.
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