FirstBank Champions Sustainability and Growth in Nigeria

FirstBank is setting a benchmark for sustainability in Nigeria, emphasizing the importance of environmental, social, and governance (ESG) practices. The bank has made notable achievements, including a $9 million investment in a solar home project across Africa, aimed at providing clean and affordable energy.
Additionally, FirstBank has committed N15 billion to enhance energy access through a modular power plant, reducing reliance on fossil fuels. The bank has also partnered with the Nigerian Conservation Foundation to plant 51,000 trees, promoting biodiversity and absorbing approximately 720 tons of carbon dioxide.
Beyond environmental initiatives, FirstBank is impacting financial literacy for 1 million students and has invested in leadership development for 2,000 female employees through the FirstBank Women Network. The bank has screened 340 corporate transactions for ESG risks worth almost $5 billion.
FirstBank's commitment to sustainability has earned it numerous awards, including recognition as Nigeria's best bank for ESG practices by Euromoney for two consecutive years.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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