News CSR: Heritage Bank to construct boreholes for communities March 25, 2021March 25, 2021 admin 0 Comments As a Corporate Social Responsiblitity initiative and in commemoration of the World Water Day 2021, Heritage Bankis set to assist communities in dire need of clean water by constructing boreholes. This was contained in a statement titled ‘Heritage Bank joins in World Water Day with installation of borehole’, on Tuesday. The bank said the theme for the WWD 2021 is ‘Valuing Water’, which focused on the importance of freshwater and presses for sustainable management of water resources. While quoting the United Nations, it stated that “The day is aimed at raising awareness about 2.2 billion people living without access to safe water resources globally. “The value of water is about much more than its price. This day is celebrated keeping in line with Sustainable Development Goal number six which is aimed at achieving water and sanitation by all for 2030.” It explained that global water demand was likely to rise by over 50 per cent by 2040. As part of efforts to implement the Central Bank of Nigeria’s sustainable banking principle, Heritage Bank said it instituted a Corporate Social Responsibility’s campaign project to assist a community in dire need of clean water by installing a bore hole. This campaign project, according to the bank would be executed in two phases, it stated. The bank said the first involved nominations call for community that was in dire need of water which would be put on its social platforms from March 22 and run for 30days. The Managing Director/Chief Executive Officer, Heritage Bank, Ifie Sekibo, said the adoption of the campaign project showed how Heritage Bank valued water and was making clean water accessible to the under-privilege, living in urban slums and rural areas. According to him, to access safe water resources globally, higher value must be given to protecting the ecosystem in ensuring good quality water supply. Sekibo, who further canvassed for the implementation of Sustainable Banking Principle, tasked stakeholders to continually promote the need for more productive value of water, which would bring about developmental impact to society, while protecting the communities and environment in which financial institutions and their clients operate.