Kampala, (UG): A transformative memorandum of understanding (MOU) has been formalized between the Private Sector Foundation Uganda (PSFU) and Uganda Baati Limited under the Uganda Baati Safal Foundation, marking the commencement of the tree-planting initiative.
This agreement was signed during the PSFU’s 27th Annual General Meeting at Kampala Serena Hotel and first award gala. It emphasizes a shared commitment to strengthening resilience against climate change and environmental risks while jointly spearheading conservation efforts within an adaptive business ecosystem.
The MOU’s primary goal is to establish a robust framework for collaborative action, focusing specifically on an expansive tree-planting initiative.
This transformative will endeavour to not only offset the impacts of climate change but also to cultivate a sustainable environment conducive to thriving business practices.
Ian Rumanyika, Head of External & Corporate Affairs at Uganda Baati, expressed his appreciation for this significant partnership, affirming, “This collaboration with the Private Sector Foundation Uganda signifies our promise to forging a sustainable future. Uganda Baati has a background of nurturing various forest reserves nationwide.”
“Through our extensive experience and unwavering dedication, this tree-planting exercise underscores our ongoing efforts to create a positive environmental impact while fostering a business environment that ensures prosperity for future generations,” he added.
Humphrey Nzeyi, the chief guest emphasized the importance of this collective endeavour, stating, “This partnership represents a significant step towards achieving the shared goal of a more sustainable and climate-resilient.”
“By combining both organizations’ expertise and resources, this collaboration can make a meaningful impact on the lives of millions of people across the nation.”
The tree-planting initiative exemplifies the effectiveness of public-private collaborations in addressing urgent environmental issues through our CSI pillar – Environment.
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