100 TREES PLANTED FOR CIBC FIRSTCARIBBEAN’S 100TH YEAR BANKING ANNIVERSARY

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July 30, 2021

To celebrate 100 years of banking in the region, CIBC FirstCaribbean is planting 100 trees across the 16 territories in which it operates.

The first tree planting in The Bahamas recently occurred at the Bahamas Girl Guides Association Campsite, Camp Discovery, in partnership with the Ministry of Environment and Housing’s Forestry Unit.

The donation of lignum vitae, yellow elder, Persian lime, and cocoplum trees came as the campsite restores its Bush Medicine Garden and Native Plants Reserve, which was destroyed by Hurricane Matthew in 2016.

Dr. Jacqui Bend, CIBC FirstCaribbean’s Managing Director, emphasized that tree planting is important as Small Island Developing States (SIDS) such as The Bahamas combat climate change, and highlighted that the bank’s regional tree planting activity is also symbolic.

“Tree planting is acknowledged as the leading action to slow climate change, and has the ability to directly make a positive impact on the environment.

“Like these trees planted here today, CIBC FirstCaribbean is deeply rooted in the communities that we serve and our bank will continue to grow strong so that we can support our employees, our clients, and the communities in which we operate and live,” she said.

Bahamas Girl Guides Association Trainer, Carolyn Young, said CIBC FirstCaribbean’s gift “will further ensure that hundreds of girls who enjoy our beautiful Camp Discovery will readily recognize the native trees in our reserve and elsewhere along our nature trail.

“We expect that they, and eventually other students, will become great stewards of the environment, knowledgeable about the native flora and fauna, and promoters of a sustainable lifestyle.”

Director of Forestry Mr. Christopher Russell also commended CIBC FirstCaribbean for planting “lungs of the earth” across the country. He said the Forestry Unit is “pleased and proud” to collaborate with CIBC FirstCaribbean and recognized the bank’s choice of planting The Bahamas’ national flower and national tree especially.

Following the significant decrease in trees due to Hurricane Dorian in 2019, CIBC FirstCaribbean tree planting activities will also occur on the islands of Grand Bahama and Abaco. CIBC FirstCaribbean recently reopened a branch on Abaco at No. 1 Don Mackey Boulevard, bringing banking services back to clients and customers after a near two-year interruption caused by that hurricane.

Brownies and girl guides help CIBC FirstCaribbean’s Managing Director Dr. Jacqui Bend and the Ministry of Environment and Housing’s Forestry Unit Director Mr. Christopher Russell to tamp down soil around a yellow elder tree planted as part of CIBC FirstCaribbean’s 100th year banking anniversary tree planting celebrations.

Representatives from the Ministry of Environment and Housing’s Forestry Unit, Bahamas Girl Guides Association and CIBC FirstCaribbean all participated in the bank’s 100th year banking anniversary tree planting exercise at Camp Discovery in New Providence, where a commemorative plaque was placed to mark the occasion.

News date : 07/30/2021    Category : Press Releases

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