Tatsat Chronicle Magazine

PNB MetLife To Plant 40,000 Trees in Four Eco-Sensitive Areas in Three Years

Glow Green to lead positive transformations in society in the areas of the environment and safety, says Ashish Kumar Srivastava, MD and CEO, PNB MetLife
December 24, 2021
PNB MetLife

PNB MetLife has launched Glow Green, an initiative that aims at planting and nurturing 40,000 trees in the next three years in eco-sensitive areas at four locations in India. The initiative is expected to prevent approximately 5,000 tonnes of carbon dioxide from entering the atmosphere and produce about 9,000 tonnes of oxygen over the next three years.

The plantation drive was launched by Ashish Kumar Srivastava, MD & CEO, PNB MetLife along with Sunil Soni, Chief General Manager, Punjab National Bank, who planted the first batch of saplings in Gurgaon, Delhi NCR. The event also saw huge participation from the employees of PNB MetLife.

The initiative, driven in association with an environmental conservation NGO, Sankalp Taru, aims to create a total of 24 acres of green cover across areas in the Aravalli mountain range in Gurgaon, HadoSiddapura Lake in Eastern Bengaluru, and a Mass Community Model in Pune and Uttarakhand. This plantation drive will see 12,000 trees being planted in Uttarakhand, 1,000 trees in Gurgaon, Aravalli and 500 trees each in Bangalore and Pune every year for the next three years.

Ashish Kumar Srivastava, MD & CEO, PNB MetLife, said, “The ambit of protection today stretches to include the impact of climate change and environmental deterioration, and hence it is imperative to take proactive steps to address the needs of our people, customers and communities to build a more confident future. We believe Glow Green will lead to positive transformations in society, and we remain committed to contributing towards overcoming challenges in the areas of the environment and safety.”

PNB MetLife has also launched the Damini initiative as a part of its CSR, to empower girls and women in semi-urban and rural India. The initiative is a unique support system that stands by the girl child in all stages of her journey to womanhood, providing the right impetus to education, menstrual hygiene and financial empowerment.

MetLife, Inc., through its subsidiaries and affiliates (MetLife), is a financial services company that provides insurance, annuities, employee benefits and asset management to help its individual and institutional customers navigate the changing world. Founded in 1868, MetLife has operations in more than 40 markets and holds market positions in the United States, Japan, Latin America, Asia, Europe and the Middle East.