• Home
  • Business
  • OmniBSIC Bank Ghana Partners with GACL and EPA to Promote ESG Practices
Image

OmniBSIC Bank Ghana Partners with GACL and EPA to Promote ESG Practices

 OmniBSIC Bank Ghana continues to demonstrate its commitment to sustainable Environmental, Social, and Governance (ESG) practices by partnering with the Ghana Airports Company Limited (GACL) and the Environmental Protection Agency (EPA). 

During the ‘Joint Safety and Environment Week’ ceremony organized by GACL at the Kotoka International Airport (KIA) under the theme ‘Uniting Aviation for a Safer and Greener Tomorrow,’ the bank donated state-of-the-art waste segregation bins to support effective waste management at the airport. In addition, OmniBSIC Bank, in collaboration with the EPA, has launched an initiative to reduce the use of single-use plastic products.

These efforts align with the bank’s broader strategy to promote responsible waste segregation, including reducing, reusing, and recycling, particularly in sectors like aviation where sustainable practices are crucial for long-term survival.

Group Head of Corporate Affairs at OmniBSIC Bank Ghana, Mrs. Chidinma Braye-Yankee, emphasized the importance of ESG initiatives in creating shared value. “These bins represent our dedication to promoting sustainable waste management practices, which are essential in driving the agenda for a greener future. This project reflects our deep-rooted commitment to ESG objectives and demonstrates how partnerships can support environmental sustainability while enhancing safety and operational excellence in key sectors,” she said.

Chief Risk Officer, Mr. Dominic Donkoh,speaking at the EPA event in Accra, highlighted OmniBSIC Bank’s commitment to environmental stewardship. “The environmental and socioeconomic consequences of plastic waste are far-reaching, impacting our ecosystems, public health, and economic prosperity. This sensitization program is commendable because it tackles the issue at its source the point of entry. By creating awareness and implementing control measures, we are encouraging responsible consumption and waste management practices,” he said.

Managing Director of GACL, Mrs. Yvonne Nana Afriyie Opare, emphasized the organization’s commitment to partnerships across the aviation industry to advance safety and environmental sustainability. “This year’s theme reflects our dedication to uniting aviation stakeholders in addressing safety and environmental concerns. Together, we can create a safer and greener future for the industry and its stakeholders,” she stated.

Data from the Global ESG Banking Study 2023 indicates that 76 percent of financial institutions now align their strategies with ESG goals, recognizing that sustainability efforts directly impact long-term profitability and societal impact. Similarly, the aviation industry, responsible for approximately 2.5 percent of global carbon emissions, has embraced sustainability practices as critical to its operations.

OmniBSIC Bank’s partnership with GACL and the EPA underscores the growing trend of cross-sector collaborations to meet ESG goals. By aligning with key stakeholders, the bank is setting a benchmark for integrating environmental responsibility into its operational framework while supporting the aviation sector’s sustainability initiatives.

The events brought together officials from Africa World Airlines (AWA), Passion Air, OmniBSIC Bank, the Environmental Protection Agency (EPA), the Ghana Civil Aviation Authority (GCAA), and other stakeholders, reflecting a collective commitment to building a future where safety and environmental sustainability are central to industry operations.

Related Posts

Safaricom M-PESA and Awash Insurance Join Forces to Transform Insurance Payments in Ethiopia

Safaricom M-PESA has entered a strategic partnership with Awash Insurance, Ethiopia’s leading private insurance provider, to integrate its…

Republic Bank (Ghana) PLC Appoints Mr. Venus Francis Frith as Chief Operating Officer

Republic Bank (Ghana) PLC has announced the appointment of Mr. Venus Francis Frith as the new Chief Operating…

Safaricom Announces Leadership Changes with Appointment of Edward Okaro as Independent Non-Executive Director

Safaricom PLC has appointed Edward Okaro as an Independent Non-Executive Director, effective January 15, 2025. The announcement came…

Ecobank Supports Traders Affected by Kantamanto Market Fire

Ecobank has swiftly mobilized critical support for affected traders in the wake of the devastating fire at Kantamanto…

Leave a Reply

Your email address will not be published. Required fields are marked *