PROPERTY NEWS

In a bid to encourage positive action and raise awareness on climate change to tackle its impact on the environment, the Chief Executive Officer, Standard Chartered Bank Nigeria, Mr. Christopher Knight, has called on corporate organisations to make programmes targeted at environmental protection core objectives.

At the "Green Walk for Life" event organised by the bank in partnership with the British Council, on the World Environment Day in Lagos, Knight said more collaboration was needed among companies to combat global warming.

In a statement from the company, Knight was quoted as saying, "Combating the impacts of climate change requires a concerted effort between businesses, companies and individuals. World Environment Day is a great opportunity to illustrate our commitment to positive action.

"I‘m proud to see the enthusiasm of our employees to do their part on this day. This initiative amplifies our commitment to our brand promise. ‘Here for good.‘"

He noted that as a bank operating in many countries, Standard Chartered’s most significant impact on the environment was through the businesses it financed.

He added that his bank required customers to meet standards that were considerate of the society and the environment.

In 2009, the bank increased its investment in renewable energy and low carbon technologies as part of its Clinton Global Initiative commitment, the statement said.

Although its direct impact on the environment is minimal, Standard Chartered is continually increasing the efficiency of its buildings to decrease its energy and water usage and production of waste.

The objectives of the Green Walk for Life, according to Standard Chartered and the British Council, include promoting education and awareness on climate change and low carbon future.