While Earth Day 2023 was celebrated on April 22, Scotiabank employees started off celebrations by leading a community seedling distribution drive in Lowlands, Tobago, with partner—the SURE Foundation.
Through this effort, 50,000 seedlings, including lettuce, patchoi, tomato, ochro, bodi, cabbage, sweet pepper, peas, corn, cauliflower, chive, hot and sweet pepper were provided to members of the community.
Also, 100 barbadine and passion fruit trees were also distributed.
A statement said since 2021, Scotiabank’s collaboration with the SURE Foundation has provided more than 600,000 seedlings to households and children’s homes to encourage a familiarity with the earth and planting what you eat.
Planting also has the additional benefit of increased carbon capture which has critical climate change implications.
Furthermore, globally, Scotiabank announced that it is accepting grant submissions for its net-zero research fund.
Not-for-profit and charitable organisations developing research and opportunities to decarbonise key sectors of the economy have until May 31, to submit their proposals for funding.
Established in 2021 as part of the Bank’s Climate Commitments, Scotiabank’s $10 million Net-Zero Research Fund initiates partnerships with leading think tanks and academic institutions and provides funding to support research to advance global decarbonisation.
Gayle Pazos, senior vice president and managing director of Scotiabank T&T said: “In keeping with the theme of Earth Day 2023: Invest in Our Planet, we recognise the role we play in protecting earth for this generation and future ones. We continue to work with partners and our employees, supporting initiatives that promote sustainable practices and a reduction in carbon footprint.”