Unicaja Banco and Toledo City Hall have signed today a collaboration agreement to reforest part of the surroundings of Fuente del Moro. This action is part of the Unicaja Banco Forests project and will take place on 12 March, when 365 native trees will be planted, one for each day of the year.
The Mayor of Toledo, Milagros Tolón, and Unicaja Banco’s Head of Sustainability and CSR, José María López, have signed this agreement with the goal of reducing the carbon footpring and, additionally, restoring an area which, as a consequence of the Filomena storm last year, suffered important damage.
With the advice and management of the startup Bosquia Nature and guided by technical staff and volunteers, the area will be reforested with native species, such as holm oak, kermes oak, olive tree or juniper. Unicaja Banco wants to involve its employees for them to participate in this activity as volunteers.
The Unicaja Banco Forests project started two years ago, with the planting of the two first forests in Caceres and in Sierra de Gata and a third one in Llanes (Asturias). This action is, therefore, the first one in the region of Castilla-La Mancha, and will be followed by others in the areas of action of Unicaja Banco, such as Sierra Bermeja, in Malaga province.
Fight against climate change
Tree planting is one of the most efficient solutions for carbon sequestration. Reforestation of this damaged area will contribute to soil regeneration and the creation of new ecosystems, thus slowing the loss of biological diversity.
Unicaja Banco Forests project is part of the bank’s environmental actions in line with its Sustainability and Corporate Social Responsibility (CSR) policies. In this line, the bank wants to collaborate in the fight against the climate change, thus contributing to the 2030 Agenda with the SDG 13 (Climate Action) and SDG 15 (Life on land), maintaining its strong commitment to environmental conservation, under its adherence to the Ten Principles of the UN Global Compact.