Sterling Bank Plc has received recognition from Wecyclers Nigeria Limited for its commitment to sustainable implementation of the Nigerian Sustainable Banking Principles (NSBPs) through its Sterling Environmental Makeover (STEM) programme and the recycling of waste at its head office in Lagos.
Wecyclers, a waste recycling firm, gave the endorsement at the ceremony organized to mark one year of the bank’s waste recycling initiative in Lagos.
The Chief Executive Officer of the firm, Mr Wale Adebiyi, said out of 6,024 kilogrammes of waste that were sorted, segregated and separated between November 2016 and November 2017, Sterling Bank earned 38,718 redeemable green points.
The Chief Marketing Officer of the bank, Mr Henry Bassey, said he was excited about the recognition given for the initiatives embarked on over the years to promote environmental sustainability practices.
The Assistant General Manager, Special Services, Lagos State Waste Management Authority (LAWMA), Mr Jide Onayiga, commended the bank for recycling its waste materials by sorting first, aggregating and separating from the point of generation before materials are converted into different resource materials.
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