DBN Commits To Environmental Sustainability

The Development Bank of Nigeria (DBN) has reiterated its commitment to sustainability with a pledge to entrench positive environmental practices in its operations and amongst its stakeholders.

The bank made this known at an event to mark this year’s World Environment Day 2021.

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Managing Director of the Bank, Tony Okpanachi, in his message to the staff at the series of events organized to celebrate the day, highlighted some of the various challenges that the environment is facing and said that DBN, will continue to prioritize and focus on issues of sustainability essentially, aimed at addressing some of these challenges.

According to him, “The World Environment Day is a day set aside by the United Nations to raise awareness on and take action against various environmental issues such as marine pollution, human overpopulation, global warming, sustainable consumption, and wildlife crime.

“We, as a Bank, will continue to align our operations with issues of sustainability by focusing on issues that put our environment at risk.”

He said this year’s theme of “Ecosystem Restoration” is a call on everyone – governments, corporate organizations, and individuals to participate in growing trees, greening cities, rewilding gardens, changing diets, or cleaning up rivers and coasts.

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“We are embracing this theme by contributing to the greening of our immediate environments in Lagos and Abuja,” he said.

Okpanachi stated that by partnering with a local design and architecture firm, the bank is contributing to research on reusable materials.

He added, “It is our vision that this body of work will enable MSMEs across Nigeria to innovate and use available local materials as a source of wealth generation,”

World Environment Day is celebrated annually and is the United Nations’ principal vehicle for encouraging awareness and action for the protection of the environment.

It was first held in 1974 and has since then, been acknowledged as a global platform for raising awareness on environmental issues.

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It provides an opportunity for businesses, non-government organizations, communities, governments, and celebrities to advocate and pursue environmental causes. Over 143 countries participate in this celebration annually.

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