Seplat Energy PLC has disclosed plans to plant 1m trees annually for five years to mitigate the impact of the use of hydrocarbons on the environment.
The CEO of Seplat, Mr Roger Brown, said the move is to enable energy companies to continue to deliver affordable and reliable energy that drives social and economic prosperity while considering the drive for energy transition through sustainable and environmentally responsible means.
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Speaking at the launch of Tree 4 Life Initiative yesterday in Abuja, Mr Brown said it is working to decarbonise its upstream operations while developing its renewable energy capability by engaging women, youth and communities for sustainable food production and a sustainable environment through tree planting communities.
“This initiative will complement the efforts of the federal government and other stakeholders. As a result, we will together positively impact lives while driving socio-economic change. We have adopted a balanced approach to addressing energy transition within the context of sustainability that is consistent with our situation in Nigeria. Seplat’s ENERGY transition programme embodies ESG commitment and mitigation of energy poverty in our society. It is about providing the right social benefits to drive the country’s socio-economic development.”
He added that since it commenced operations in 2010, it has demonstrated a solid commitment to sustainability by partnering with all our stakeholders to live up to its vision to transform lives through energy.
In her remarks, the Chairman of the Nigerian National Petroleum Company (NNPC), Sen. Margery Chuba-Okadigbo, stated that with the oil and gas industry, the mainstay of the Nigerian economy and the main driver for socio-economic development across the World, energy companies must find a balance while carrying out their duties.
“This natural resource has driven the world’s economy for many years now from planes to trains, automobiles and power for our homes, the importance of hydrocarbons in modern living cannot be overemphasized but the most prominent challenge faced by the industry today is climate change.”
She however said the sector has the technology, experience, expertise, innovation and skill sets required in mitigating the impact of climate change.