Roofings Group and Absa Bank Uganda launched a partnership to plant trees in various parts of the country. In line with its citizenship pillar of environmental sustainability, Absa purposes to plant 1 million trees in the next 3 years. Roofings Group will provide 50,000 seedlings annually towards this cause.
The Chief Finance Officer, Roofings Group, Narayan Iyer said that Roofings intends to support the planting of over 10 million trees by 2030. He went on to add that as a group, Roofings supports different economic segments for purposes of creating self-sustainability for both the people and the environment. He noted that Roofings publishes its sustainability efforts (including environmental conservation) in an annual sustainability report. ‘As we kick off this partnership with Absa, I look forward to a deeper dive into the sustainability agenda’, Narayan said.
In his address, the Roofings Group Brand Manager, Edwin Abaasa noted that as the leading steel and plastic construction materials manufacturer in East and Central Africa, with a vision of being an Accelerator to a sustainable Africa, Roofings Group is honored to join hands in the tree planting journey with Absa bank. He added that Roofings Group is currently producing 50,000 tree seedlings per month that are distributed across different corporate entities and customers for purposes of regreening Uganda and as corporate entities, there is need to positively impact on the communities in which we operate.
The Brand manager further emphasized how Roofings takes environmental conservation very seriously by highlighting the fact that Roofings factories are equipped with state-of-the-art air pollution control and waste management systems, recycling technologies and many more. This is why Roofings group is considered one of the most environmentally friendly manufacturing companies in the region.
Speaking on behalf of Absa Uganda, Timothy Okanya, the Head of Large local and Regional Corporates recognized that Roofings Group as a leader in steel and plastic manufacturing in East and Central Africa has made a significant stride in the economy as well as impacting the lives of many Ugandans. He further commended Roofings Group for the role played in fighting climate change. “From 2021-2022, Uganda has lost over a million Hectares of tree cover. The continuous loss has already created visible impact to the country’s climate. As we align with the environmental pillars of Absa to plant a million trees in three years, we are honored to partner with Roofings Group.
Founded by Dr. Sikander Lalani under license of the Uganda Investment Authority (UIA), Roofings Group launched operations in 1994 . With a market share of over 35%, Roofings vision is to be an accelerator for a sustainable Africa, aligning with Uganda’s Vision 2040, the East African Industrialization Policy, and Sustainable Development Goals.
