News
17/08/2023
On August 15, 2023, in Dak Lak province, the Southeast Asia Commercial Joint Stock Bank (SeABank, stock code SSB) made a significant contribution to environmental conservation by donating 25,000 black star trees, with a total budget of 500 million VND, to the Dak Lak Province Forest Protection and Development Fund. This initiative aims to reforest and green the barren hillsides, ensuring environmental preservation and enhancing forest cover in the Krông Buk and Ea H’Leo districts of Dak Lak Province.
The degradation of forest resources is one of the fundamental causes of climate change, land degradation, and natural disasters. The declining forest ratio has had a significant impact on the socio-economic development and environmental sustainability of the region. Over the years, SeABank has consistently demonstrated its commitment to environmental protection and sustainable development through various initiatives.
These efforts include waste sorting and recycling, environmental awareness campaigns, the use of eco-friendly materials, energy and resource conservation, and the implementation of green credit programs. SeABank has also been actively engaged in afforestation activities, planting nearly 257,000 trees in various locations across Vietnam. This commitment to environmental conservation aligns with SeABank's core value of "For the Community."
In 2023, SeABank initiated the SeABank Run For The Future 2023 (SeARun 2023), an annual event conducted online through the Uprace app. The event serves as a platform for sports enthusiasts to engage in physical activity while raising funds for lifelong high school scholarships for 10 underprivileged and academically driven students, in partnership with the Dreams Blossom Foundation. Additionally, SeABank aims to plant 25,000 trees for environmental protection through the SeAGreen Fund. SeARun 2023 garnered significant participation and support from running enthusiasts nationwide, as well as various businesses and SeABank employees, contributing a total of over 500 million VND towards environmental conservation and community development.
With a strong commitment to environmental protection and climate change mitigation, SeABank's donation of 25,000 black star trees to the Dak Lak Province Forest Protection and Development Fund reflects its dedication to supporting the government's "Plant One Billion Trees Project 2021-2025." These trees are expected to play a vital role in helping the Krông Buk and Ea H’Leo districts combat climate change and increase forest coverage on previously barren hillsides. SeABank's continuous efforts in environmental conservation and community engagement showcase its dedication to creating a sustainable and green future for all.