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Home»Press Release»Allianz PNB Life continues to secure the future of Filipinos through sustainability with latest tree planting initiative
Press Release

Allianz PNB Life continues to secure the future of Filipinos through sustainability with latest tree planting initiative

Lion's DenBy Lion's DenAugust 11, 2022No Comments3 Mins Read
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Allianz PNB Life, together with its banking partner Philippine National Bank (PNB) and the ABS-CBN Foundation, strengthened its commitment to securing the future of Filipinos through sustainability with its recently-concluded “Protect A Hectare” tree planting project. The activity was held last July 23, Saturday, at the La Mesa Nature Reserve.

The “Protect a Hectare” project aims to help in the growth of the forest canopy, which will contribute to the conservation and preservation of water for the La Mesa Watershed. To kick off the tree planting event, the PNB Cycling Club, joined by Allianz PNB Life’s Chief Marketing Officer Gino Riola, cycled from the PNB head office in Pasay to La Mesa, Quezon City. Jerseys bearing the Allianz and PNB logos were given to the bikers as a token of the organizations’ collaborative endeavor.

“This activity serves as a reminder that securing the future is a team effort,” said Riola. “We are very grateful to the ABS-CBN Foundation for joining us, and we congratulate them on the great work that they do for the communities they serve. We really wanted to share the joy and purpose in tree planting with our colleagues in order to foster strong engagement within our company. But more than that, we also want to convey our dedication to sustainability, as well as nurture the existing partnership between Allianz PNB Life and PNB.”

Allianz is the global leader in sustainability, having garnered the highest position for insurers in the 2021 Dow Jones Sustainability Index due to its efforts in addressing climate change.

Additionally, Allianz PNB Life has spearheaded several projects and programs in the Philippines that align with this long-time advocacy. This includes Ride Safe, a biking program that promotes a healthier lifestyle among Filipinos while simultaneously lessening carbon emissions from vehicular pollution, and Allianz Protect, a comprehensive insurance solution that also allows policyholders to donate to the World Wide Fund for Nature Philippines’ (WWF-PH) Food Shed Farming Enterprise Project. The company also sponsored the Green Canopy Project in 2019, a reforestation effort that seeks to plant 12 million trees in the Philippines. This was done in partnership with LT Group, Inc.

This event adds to the many initiatives of Allianz PNB Life when it comes to securing the future of its stakeholders.

“Allianz PNB Life’s purpose is ‘We Secure Your Future’, and we wanted to highlight how serious we are about this by doing something that expands its meaning and depth into a holistic level,” said Allianz PNB Life President and CEO, Alexander Grenz. “Our insurance products and services secure the future of our customers. Meanwhile, this act of sustainability also secures the future of the communities we operate in. Doing it together, as a team, allows each participant to renew their commitment to our purpose, and encourages others to do their part in conserving the environment, too.”

For more information on Allianz PNB Life’s Ride Safe campaign and Allianz Protect, as well as other products and services Allianz PNB Life offers, please visit www.allianzpnblife.ph.

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ABS-CBN Foundation Alexander Grenz Allianz PNB Life Gino Riola grupoagatep pr Philippine National Bank (PNB) World Wide Fund for Nature-Philippines (WWF-PH)
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