U Microfinance Financial institution in collaboration with the Capital Growth Authority (CDA) led a tree plantation drive on sixth August, 2021 in I-Eight Kachnar Park Islamabad. The plantation passed off on roughly 1.5 acres of land and consisted of 6000 bushes making it the biggest Miyawaki Forest in Islamabad.
U Microfinance Financial institution strives to turn into a triple backside line targeted firm with “People, Planet and Profit” on the middle of its imaginative and prescient. That is the third yr that U Financial institution has participated in annual tree plantation drive which is a part of U Financial institution’s bigger imaginative and prescient to work in direction of lowering its carbon and waste footprint in addition to in direction of introducing merchandise whereas maintaining the results of local weather change in thoughts.
Named after the well-known Japanese botanist Akira Miyawaki, the Miyawaki methodology is a forest regeneration method that goals to recreate self-sustaining, multilayered indigenous forests on degraded land with little to no human intervention.
Addressing the gathering U Financial institution’s President & CEO, Mr. Kabeer Naqvi stated “Climate change threat is very real and is already here. All of us have to collectively work at organisational and individual level to mitigate the devastating effects of deforestation and land degradation, which have placed Pakistan in the list of climatically very vulnerable countries in the world. U Bank will continue to play its part in environmental protection and regeneration related initiatives and projects. Our hope is that more companies and people will come forward and join hands in addressing this cause which requires immediate and utmost attention. We only have one planet. We must respect and protect it”.