- Basil Omiyi says Green energy is devoid of carbon emissions, and it’s not a contributor to climate change.
- Developing world lack financial and technical resources for the clean energy project
- Stanbic IBTC is working with vendors and customers to provide solutions that can help address climate change issues.
Basil Omiyi, Chairman of Stanbic IBTC Plc, has urged organisations to switch to cleaner energy sources for their operations to reduce the environmental impact of carbon emissions.
He stated that for Nigerian development to be sustainable, there must be a balance that ensures that economic activities do not harm the environment and society now and in the future.
“Green energy is devoid of carbon emissions and it’s not a contributor to climate change. As a result, corporates can shift to cleaner energy sources for their operations. Financial institutions can help advance this shift by facilitating funding necessary to achieve growth in the green energy space,” he said.
“At Stanbic IBTC, building environmental resilience is one of our four sustainability pillars. This pillar demonstrates our focus on environmental footprint management. In this regard, the Stanbic IBTC has continued to implement and expand on programmes to reduce its carbon emissions.” He further stated.