Business

JS Bank and govt to fight environmental pollution

Written by The Frontier Post

F.P. Report

KARACHI: JS Bank distributed canvas bags among the citizens as an alternative to polythene shopping bags to support the federal government implement initiatives aimed at combating climate change and its impacts, the Federal Minister for Climate Change – ZartajGul, Islamabad Capital Territory Administration The canvas bags distribution initiative was undertaken by HamzaShafqaat, DC Islamabad, NomanAzhar, Head of Branchless Banking – JS Bank alongside their respective teams.

Hailing the ban on plastic bags, NomanAzhar said, “As a responsible institution, JS Bank wants to make a measurable difference in raising awareness to avoid the use of plastic for the sake of the environment and provide an alternative option to the general public.”

A normal plastic bag takes 400 to 1,000 years to degenerate and almost every piece of plastic ever produced still exists in some form in our environment.

The amount of plastic waste has been increasing by 10pc each year for the past 20 years, and its accumulation poses grave threats to the well-being of all people worldwide.

Committed towards its role as a catalyst towards the progress and prosperity of Pakistan, the Bank hopes to continue this journey of impact by driving sustainable growth at all forums.

HamzaShafqaat, DC Islamabad added “It is hard to get the general population to forgo plastic bags in Pakistan which contributes to ever growing waste problem. This initiative by JS Bank is an effective way to raise awareness among the masses and will help fight environmental pollution”

JS Bank is one of the fastest growing banks in Pakistan, with 345 branches in 172 cities including one international branch.

The Bank is a leader in the digital banking space and distribution of insurance solutions. JS Bank has received the prestigious Asiamoney award for the ‘Best Bank for SMEs’ and has been recognized as the ‘Best Environmental and Social Governance Bank’ at the Pakistan Banking Awards. The Bank is part of JS Group, one of Pakistan’s most diversified and progressive financial services groups.

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