Sunday, September 28, 2025
28.4 C
Lagos

Polaris Bank Wins SERAS Award, Africa’s Sustainability/CSR Recognition

Polaris Bank over the weekend, added yet another feather to its cap by winning Sustainability, Enterprise, and Responsibility Awards (SERAS), Africa’s most renowned and prestigious Sustainability/Corporate Social Responsibility (CSR) recognition, for its consistent and impactful critical community interventions across Nigeria over the years.

At the 18th edition of the SERAS Awards, held in Lagos, recognition came the way of Polaris Bank in what the organisers described as “the Banks unwavering commitment to sustainable development and impactful community interventions across Nigeria.”

The SERAS Awards, widely regarded as Africa’s gold standard in Sustainability and CSR, celebrates organizations that exemplify innovation, impact, and excellence in advancing sustainable development. The awards spotlight large corporations, SMEs, and nonprofits that champion solutions with lasting societal and environmental benefits.

This year’s ceremony brought together an elite gathering of business leaders, global sustainability experts, policymakers, and CEOs dedicated to shaping Africa’s sustainable future. For Polaris Bank, the recognition reaffirmed its leadership in driving transformative change through its strategic Sustainability and CSR interventions.

Polaris Bank’s extensive portfolio of Sustainability, ESG and CSR initiatives which earns it” “Best in Rural Population Integration” award at the SERAs, underscores its commitment to improving lives and fostering sustainable growth in rural and underserved communities. Over the years, the Bank has implemented critical interventions across Nigeria, ranging from providing basic infrastructure to supporting vulnerable groups. Some of its notable achievements include:

Sponsoring the Acquisition and Planting of 2,000 economic trees across communities in Nigeria…e.g Ajingi community in Kano State.

Donation of equipment and renovation of the Ibeju-Lekki Skill Acquisition Centre

Installation of boreholes in key but underserved communities to provide access to clean water in rural areas.

Delivering educational resources/essentials —including libraries, sandals, bags, uniforms, books, and pens—to over 15,000 indigent students across public secondary schools in Nigeria, ensuring their continuous education with many in remote communities.

Providing over a decade free breast cancer screening support to some 20,000 women and retreat/experience sharing for survivors that has reduced mortality rate in Nigeria.

Establishing hospitals, and reconstruction/rehabilitation centers for victims of sexual violence, and vocational centers for women.

Donating ICT laboratory to IWD Skills Acquisition Center and promoting financial literacy programs in schools.

Launching medical outreach programs and supporting Internally Displaced Persons (IDPs) through significant donations.

These interventions have not only improved living standards, but have also stemmed rural-to-urban migration by making the communities more attractive, conducive and habitable and self-reliant.

Polaris Bank recently demonstrated its commitment to community resilience with the reopening of its Sagamu branch, which was destroyed during the cash crunch riots following the Naira redesign policy. Following appeal from stakeholders within the community, the Bank’s management approved the complete reconstruction and re-equipping of the branch The reopening marked a turning point for the Sagamu community, restoring access to critical banking services and underscoring Polaris Bank’s role as a trusted partner in economic recovery.

Speaking on the award, Polaris Bank’s Managing Director, Kayode Lawal, highlighted the Bank’s dedication to sustainability and social impact. “We thank SERAs for the recognition of our bank’s strategic intervention and consistent investment across communities on project that impact positively on the people and the environment”.

In Polaris Bank, Kayode says, “sustainability is not just a cliché, and it is not a destination, but a journey. Our involvement in community development projects is something borne out of our deliberate effort to impact the citizens through enhanced socio-economic interventions that reduces the impact of climate change on our environment, as it affects the economy and people at large.” he stated.

Participants at the award ceremony leveraged the classy evening, “to connect with like-minded professionals and organizations championing sustainable business practices at an event that celebrated Africa’s sustainability leaders and reaffirmed the shared vision of driving positive, lasting change across the continent.

As a trailblazer in Sustainability and CSR, Polaris Bank remains steadfast in its mission to uplift communities, foster economic growth, and champion innovative solutions that address pressing societal challenges.

spot_img
spot_img

Hot this week

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

Unity Bank Shareholders Approve Merger with Providus Bank

  EGM: From left: Mr. Usman Abdulkadir, Executive Director, Risk...

NNPCL: Ogoni Re-entry is a Beacon of Reconciliation through Collaboration

The re-entry into Ogoniland marks a historic turning point...

NLNG, NCDMB Celebrate 122 Graduates of Train 7 HCD Training Program

NLNG in collaboration with the Nigerian Content Development and...

Topics

NAICOM: Regulating & Ensuring Healthy Insurance Industry in Nigeria

The insurance industry, like other sectors within the financial...

Ambassador Ibrahim Gambari to Deliver Realnews 12th Anniversary Lecture

  His Excellency Ambassador Prof. Ibrahim Agboola Gambari The Management of Realnews...

Osoba, Others for Azuh Arinze’s 50th Birthday, Books’ Presentation

The Publisher/Editor-in-Chief of YES INTERNATIONAL! Magazine, Azuh Arinze, will...

NNPC /TotalEnergies’ $550m Ubeta Upstream Gas Project Takes Off

Special Adviser to the President on Energy, Olu Verheijen...

AMCON CEO: Why Airlines Fail In Nigeria

The failure of many airlines in Nigeria and why...

Okowa –First Nigerian Gov to Receive e-Government Certification

His Excellency, Senator Dr. Ifeanyi Arthur Okowa of Delta...

Nigerian Exchanges Collaborate for Greater Global Competitiveness

The Nigerian capital market will on Wednesday, August 8,...

NDIC, EFCC Explore Areas of Partnership During Courtesy Visit

L-R: Executive Director (Corporate Services) NDIC, Hon. (Mrs.) Omolola...
spot_img

Related Articles

Popular Categories

spot_imgspot_img