GRBP Invests in Creating Greener and Cleaner Environment

Golden Rural Bank of the Philippines (GRBP) launched its tree-planting initiative, a key component of its Corporate Social Responsibility (CSR) program that primarily seeks to conserve and restore the natural environment in the Cagayan Valley Region.

In partnership with the Department of Environment and Natural Resources (DENR), GRBP planted 300 mahogany trees in San Pablo, Cauayan City last 27 September. For the tree-planting program, GRBP adopted the theme: “Eco-multreeply: Add trees, multiply community benefits, sustain ecological environment.”

GRBP President Arturo Guinto likens the tree-planting initiative to investing in a time deposit. Time deposit refers to the interest-earning money deposit in a bank that is held for a certain term. Time deposit is one of the products being offered by GRBP to its customers in the Cagayan Valley Region, most of whom are entrepreneurs, farmers and fishermen.

“Planting a tree is like investing in the future.  When we plant a tree today, we are planting for our future generation. This is one way of ensuring that they too can enjoy the lush greenery in our region. Moreover, tree planting has multiplier effects. It addresses soil erosion and reduces carbon dioxide in the atmosphere, among its many benefits. Our farmers, fisherfolks need a healthy environment to thrive and survive,” says Arturo.

He notes that the region is not spared by the effects of climate change. Thus, it has become a priority for GRBP to take part in the preservation of the environment.

GRBP has committed to continue its tree-planting activities as part of its mission to grow its CSR program. GRBP’s CSR program seeks to lessen the impact of climate change for the benefits of its stakeholders, most of whom are dependent on agriculture.