Climate Change/ESGHuman Interest Stories

Octagon Financial Services Limited Plants 60 Trees in Chilanga District

Octagon Financial Services Limited aims to provide guaranteed financial security and conducts sustainable business that positively impact its people and the planet

Chilanga, Zambia – Monday, 27 March 2023 – Octagon Financial Services Limited has today launched a tree-planting initiative in Chilanga district, Lusaka Province with the support of the Member of Parliament for Chilanga constituency, Honourable. Sipho Hlazo. The event is aimed at promoting environmental conservation and raising awareness about the importance of planting trees to combat climate change.

According to the latest scientific reports, climate change is an urgent global crisis that is already having severe impacts on ecosystems, economies, and communities worldwide. Zambia, like many other countries in Africa, is highly vulnerable to the impacts of climate change, with increased temperatures and changing rainfall patterns affecting agriculture, water availability, and human health.

The new dawn government through the Ministry of Green Economy is making a commendable effort towards mitigating the effects of climate change with its ambitious drive to plant one (1) million trees. This eco-friendly initiative is in line with the government’s commitment to promoting sustainability and preserving the environment for future generations. By planting trees, the government aims to reduce carbon emissions and enhance air quality, which are crucial in addressing the adverse effects of climate change.

Speaking at the tree planting event, Octagon Financial Services Zambia Managing Director, Mrs Phyllis Tiller, said, “We are delighted to be launching our tree planting campaign in Chilanga district, and we are honored to have the support of Honorable Sipho Hlazo, MP. We believe that everyone has a role to play in combating climate change, and planting trees is a simple and effective way to make a difference and contribute positively to our communities.”

Meanwhile, Honourable. Sipho Hlazo added, “I am pleased to be part of this important event, which highlights the urgent need to take action against climate change. I urge all citizens to join Octagon Financial Services Limited Zambia in this noble cause and contribute to the preservation of our environment for future generations in Chilanga and across the nation.”

Trees are essential to life on Earth. They play important ecological, cultural and economic roles. Trees support; species diversity, food webs, habitats and numerous ecological processes such as water and air purification. The importance of trees to regulating climate and soil fertility is essential for the planet.

Octagon Financial Services Limited, an award-winning leading regional financial services provider with significant industry consolidation within the non-profit, the public and the private sector in five (5) strategic divisions, namely: Pensions; Insurance; Property Management; Trainings; and Actuarial Services, recognizes the vital role of trees in the ecosystem and their ability to mitigate the effects of climate change. As such, the company is spearheading this tree-planting initiative to contribute to the country’s efforts in mitigating the impacts of climate change.

About Octagon
Octagon Africa is an award winning leading regional financial services company with significant industry consolidation within the non-profit, public, and private sector in 4 strategic divisions namely Pensions Management, Insurance Brokerage, Training and Actuarial Services.

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