Ecobank Committed to Investing in Energy Efficiency - Kola Adeleke
Ecobank Committed to Investing in Energy Efficiency - Kola Adeleke

The Executive Director in charge of Corporate Bank at Ecobank Nigeria, Mr Kola Adeleke, has said sustainability remains an essential part of the lender’s mission and vision of building a world-class pan-African bank.

The banker said this while receiving the Starsight Sustainability Award 2020 from the Head of Sales, SMEs at Starsight Energy, Ms Teme Jack, in Lagos recently.

According to him, the Ecobank Group Sustainability framework is focused on four thematic areas which include Economic Transformation, Environmental Sustainability, Socially Responsible Financing and Human Capital Development.

He noted that these focus areas are aligned with the tenets of the Nigerian Sustainable Banking Principles (NSBP), adding that Ecobank is a 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 reduce our carbon footprint, demonstrated in carbon emission from our business operations, travels, paper use and office waste disposal.

“We further commit to investing 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,” Mr Adeleke said.

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